Li & Fung is a multinational trading and supply chain management company based in Hong Kong. It was founded in Guangzhou, China in 1906 by brothers Fung Pak-liu and Li To-ming. The headquarters of Li & Fung are located in Hong Kong, and the company has a strong presence in Asia, Europe, and the Americas.

Li & Fung primarily operates as an intermediary between manufacturers and retailers, providing sourcing, coordination, and logistics services. The company offers a wide range of products including consumer goods, apparel, beauty products, home furnishings, and packaged foods. Its services include supply chain management, product design and development, quality control, and global logistics.

On a global scale, Li & Fung has established numerous subsidiaries, joint ventures, and partnerships. Notable subsidiaries include Trinity Limited, a high-end menswear retailer, and the LF Logistics division, which specializes in supply chain services. The company has also partnered with major brands and retailers such as Walmart, Target, and PVH Corp.

Li & Fung has a strong market position and is considered a global leader in supply chain management. The company has consistently ranked as one of the largest global trading companies, with annual sales exceeding $20 billion. It operates in over 50 countries and has a vast network of suppliers and manufacturers.

In recent years, Li & Fung has undergone significant changes in its strategy and product lineup. The company has been focusing on digital transformation and investing in technology to enhance its supply chain capabilities. It has also shifted its business model towards more sustainable and responsible sourcing, aligning with the growing demand for environmentally friendly and ethically produced products.

As of the latest updates, Li & Fung continues to adapt to the changing market dynamics and industry trends. In 2020, the company announced a reorganization plan to streamline its operations and increase efficiency. It aims to further strengthen its digital capabilities and expand its presence in emerging markets.

Despite facing challenges from global trade tensions and the COVID-19 pandemic, Li & Fung remains committed to delivering innovative solutions and maintaining its position as a leading global supply chain partner