Li & Fung Value Stock - Dividend - Research Selection
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Description of the company
Li & Fung Limited, an investment holding company, engages in managing the supply chain for retailers and brands worldwide. The company operates through two segments, Services and Products. Its Services segment provides supply chain solutions, including product design, raw materials procurement, production and quality control, warehouse management, and last-mile delivery to retail stores or end-consumers. The Products segment engages in the onshore wholesale of furniture, beauty products, and sweaters. Li & Fung Limited is also involved in the distribution of security products and fireworks. In addition, the company provides management and consultancy services; and cosmetic estate management, trade-related credit, accounting, and testing and technology consultation services, as well as laboratory services. Further, it manufactures household, pharmaceutical, and personal care products, as well as perfumes and toilet preparations. The company serves specialty stores, department stores, big box retailers, e-commerce players, hypermarkets, off-price retailers, and clubs. It manages the supply chain for retailers and brands through a network of approximately 230 offices and distribution centers, and approximately 15,000 suppliers. Li & Fung Limited was founded in 1906 and is based in Kowloon, Hong Kong.