When it comes to building a more innovative culture, lots of companies wring their hands. A few actually take bold steps to make it happen. One such organization is Hong Kong-based Li & Fung, which manages the supply chains for hundreds of retailers and brands around the world.
PVH Corp (PVH) has been performing well amid uncertain macroeconomic environment.
PVH (PVH) inked a licensing deal with Adjmi Apparel Group's division - Sports Product of America.
PVH Corp (PVH) appears to be a sound bet, given its robust earnings history, favorable estimate revisions, solid bull-run and impressive fundamentals.
Print section Print Rubric: The delta shows what the country could achieve by setting entrepreneurs free Print Headline: A China that works Print Fly Title: The lessons UK Only Article: standard article Issue: What the country can learn from the Pearl river delta Fly Title: A China that works Main image: Ready for a technological Loop Ready for a technological Loop “THE PRD WAS always the first mover in China,” explains William Fung of Li & Fung. Hong Kong’s success, he reckons, owes much to its tendency to ignore Beijing’s diktats. And Shenzhen’s special economic zone did well because it operated as a freewheeling hub. By embracing globalisation and eschewing central planning, the cities of the PRD led the way for the country’s economic opening. As this special report has argued, the next economic revolution is now under way. New infrastructure, ...
PVH Corp. (PVH) has exhibited an impressive performance in the last one year.
PVH Corp (PVH) recently inked a deal with Li & Fung Limited.
HONG KONG, April 13 (Reuters) - Global exporter Li & Fung Ltd said it was in talks with independent third parties regarding a "possible transaction" involving its consumer and healthcare distribution business.
Markets trembled this week as the People’s Bank of China engineered a 2% devaluation of the yuan against the dollar. Expected winners are big Chinese exporters like Li & Fung, Huawei and Lenovo which presumably means losers include exporters from other nations. The fear is that a “currency war” could [...]
The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have made a business decision to transfer certain sourcing functions for Wal-Mart in-house, and as such will work collaboratively with DSG to ensure a smooth transition over the next several months," Wal-Mart said in a statement. Wal-Mart said it would continue to use DSG for sourcing products for Sam's Club, a unit that sells products in bulk and competes with Costco Wholesale Corp (COST.O).
Until consumers in the U.S. and Europe begin to open their wallets without the added persuasion of discounts and promotions, companies like Hong Kong’s Li & Fung will continue to struggle to boost their bottom lines.
Iconix Brand Group Inc. (ICON) recently acquired the remaining 50% interest in Iconix China from its joint venture partner Novel Fashion Brands Limited, owned by the Chou family, for $56.4 million. The acquisition was financed with $40.4 million cash and $16 million through the company's common stock.
Iconix Brand Group Inc. (ICON) is set to report fourth-quarter and full-year 2014 results on Feb 26, before the market opens.