Li & Fung preparing to list brand division
2014.05.26
A decade ago, Li & Fung considered brand ownership the missing piece in its global sourcing portfolio. Now it’s planning to list the division on the Hong Kong exchange, according to a report from Bloomberg.
The sourcing giant announced its intention to spin off the branded business in March. Bloomberg sources put the value of the division at $2 billion.
Source: Home Textiles Today
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JINHAN FAIR for Home & Gifts（Poly Spring/Autumn Fair Phase Ⅱ） is a leading international trade platform organized by Poly Exhibition. Established in 2000, JINHAN FAIR has been successfully held for 53 editions and is recognized as one of China's most established sourcing fairs for the home and gifts industry. JINHAN FAIR is also the only Union of international Fairs-approved export trade fair in the home & gifts sector in China.
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