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LTD Management provides leading global logistics and supply chain management consulting based on real-world supply chain and logistics experience.
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Monday, April 17, 2017
LI & FUNG CONTINUES TO STRUGGLE
Li & Fung should transform to being a supply chain service provider to meet velocity and time requirements of businesses--to hold present customers and gain new ones.
Hong Kong’s Li & Fung faces dilemma of ‘innovate or die’
Fall from grace of world’s top sourcing group underlines China’s manufacturing evolution
Its market capitalisation has shrunk by more than 80 per cent since its 2011 peak, it failed to meet the targets in its last turnround plan, and its core customers have been hit hard by a recession and the rise of nimble retailers from Amazon to Zara.
Sample the FT’s top stories for a week You select the topic, we deliver the news.
Top Stories Brexit US Election 2016 China slowdown Millennial Economy March of the Robot Plunging oil price Global Terror Tech disruption Advertising Connected Cars
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