The Fung Group, via Li & Fung has partnered with the Clayton Christensen Institute for Disruptive Innovation to create the supply chain of the future.Read more
India’s denim sector is weighing in on the controversy that followed the government’s cutting of drawback duties for exporters, joining the industry call for remedy.Read more
It seems the Indian government is stuck between a rock–complying with global trade rules and its overall tax structure –and a hard place–supporting its apparel and textile industry.Read more
Continuing its effort to reshape supply chains for the future, Fung Group has established a new incubator lab aimed squarely at innovating for the apparel and retail space.Read more
What’s happening in sourcing today could be likened to trying to play MP3s on a record player—it doesn’t work because what’s necessary now can’t be managed with a system that wasn’t designed to handle it.Read more
It might be a bit like turning around an ocean liner in a small river, but sourcing giant Li & Fung is adapting to the rapid changes in global manufacturing and retailing.
Though Li & Fung has been working on its new Three-Year Plan to digitize and speed up the supply chain and its evolution to agent 2.0, the business has still hit on hard times as retail wriggles out of its old skin and into a new life.Read more