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16 Nov 2018
Toys “R” Us Asia Announces New Joint Ownership Structure
Taj Noteholders and Fung Retailing has reached an agreement to partner on Toys “R” Us Asia business where Fung Retailing will acquire, at the transaction value, an incremental 6% of the Company from the Taj Noteholders, thereby increasing Fung Retailing’s ownership to approximately 21% of the Company, making it the largest shareholder in the Company. This transaction facilitates the separation of the Asian business from its ultimate parent Toys “R” Us, Inc. and positions the Company well for an exciting new chapter of growth.
06 Nov 2018
Alibaba Group and Fung Retailing Form Strategic Partnership
Fung Retailing Limited, with a global network of over 3,000 stores, and Alibaba Group Holding Limited (NYSE: BABA), today announced a strategic partnership to bring more international lifestyle brands to mainland China.
07 Aug 2018
Fung Investments Makes US$35 Million Investment in Digital Retail Startup ShopX
Fung Strategic Holdings Limited (“FSH”), a member of Fung Investments, today announced a US$35 million investment in India's leading B2B e-commerce company ShopX. Fung Investments is the private investment arm of the families of Dr. Victor Fung and Dr. William Fung, the controlling shareholders of the Fung Group.
24 Jul 2018
Cobalt Fashion Opens Innovation Lab in Hong Kong
Lab will focus on driving innovation in the design, manufacture and sustainability of knitwear for the fashion industry
25 Jun 2018
Fung Group looks to Open Innovation at its Latest Supply Chain-themed Hackathon
Hackathon brings together internal and external experts to co-create solutions focused on global supply chains using real-life business data and challenges. Hackathon is one example of Fung Group’s commitment to creating a culture of open innovation to accelerate innovation and engage future talent.
22 May 2018
LF Beauty’s Creative Days envisions the future of beauty in China
Leveraging its global network of resources and expertise, LF Beauty helps co-create innovative products and solutions with beauty players in China.
06 Mar 2018
Deborah Weinswig to set up research and advisory firm with Fung Group as key client
Fung Business Intelligence, the research arm of the Hong Kong-based multinational Fung Group whose businesses span the entire global supply chain for consumer products, today announced that Deborah Weinswig, Managing Director of its retail technology research arm, Fung Global Retail & Technology (FGRT), will leave the company and start a new company, Coresight Research, that will continue providing analysis and consulting services. The Fung Group will be a founding customer of Coresight Research.
29 Jan 2018
Multinational Fung Group to Boost Presence and Business Development Activities in Southeast Asia
Fung Group opens new regional hub with an aim to leverage the country's strength as a gateway and centre for innovation.
24 Sep 2015
Fung Group opens Explorium, its omnichannel research laboratory in Shanghai
A large-scale laboratory for rapid experimentation with omnichannel techniques and trends that are shaping the future of retail was unveiled today in Shanghai by the Fung Group, a Hong Kong-based multinational with international brands and retail operations across China.
16 Jun 2015
Fung Group Appoints Jason Yeung as Chief Compliance and Risk Management Officer
The privately-held Fung Group, whose publicly-listed companies are Li & Fung Limited (SEHK: 00494), Global Brands Group Holding Limited (SEHK: 00787), Trinity Limited (SEHK: 00891) and Convenience Retail Asia Limited (SEHK: 00831), today announced the appointment of Jason Chi Wai Yeung as Chief Compliance and Risk Management Officer.
13 Apr 2015
Innovating in the New Global Economy – the Hong Kong-PRD Advantage
Remarks by Dr Victor K Fung, Chairman of the Fung Group, at the CAE-HKAES Joint Summit on Innovation and Technology Industry in Hong Kong and the Pearl River Delta, (PRD), The Hong Kong Polytechnic University.
26 Nov 2014
Hong Kong’s Future in the New Global Economy
Keynote Address by Dr Victor K. Fung, Chairman of the Fung Group at the 20th Annual Hong Kong Business Summit of the Hong Kong General Chamber of Commerce Hong Kong.
09 May 2014
Fung Business Intelligence Centre: The appointment of Ms Deborah Weinswig as Executive Director and Head of Global Retail Research & Intelligence
The Fung Business Intelligence Centre, the research arm of the Hong Kong-based multinational Fung Group whose publicly-listed and privately-held businesses span the entire global supply chain for consumer products, has announced the appointment of Ms Deborah Weinswig as Executive Director and Head of Global Retail Research & Intelligence with immediate effect. Based in New York, she will report to the senior management of the Fung Group.
01 Feb 2013
Fung Group establishes joint venture with Furla
Italian premium leather goods and fashion accessories retailer Furla plans to open over 100 boutiques over the next four years in more than 40 cities in Greater China, the Bologna based family-owned company announced today. Furla has teamed up with the Fung Group through Fung Capital Asia, the private strategic investment arm of the families of Victor and William Fung, to tap the growing demand of Chinese consumers for products of distinction with a strong heritage.
04 Jan 2013
Fung Retailing Acquires Majority Stake in the Suhyang Group
Fung Retailing Limited, a wholly-owned subsidiary of the privately held Fung Group, today announced that its joint venture with funds managed by private equity firm AEA Investors LP has acquired a 70% stake in the Suhyang Group, Korea's pre-eminent retailer of baby’s and children's apparel.
10 Aug 2012
Li & Fung and Trinity on Hang Seng Corporate Sustainability Index Series
Li & Fung Limited (SEHK: 00494) has been selected as a constituent stock of the Hang Seng Corporate Sustainability Index and the Hang Seng Sustainability Benchmark Index; and Trinity Limited (SEHK: 00891) has been selected as a constituent stock of the Hang Seng Sustainability Benchmark Index.
24 Nov 2011
Global Supply Chains – Past Developments, Emerging Trends
A speech by Dr Victor Fung The Luncheon Meeting of Century 21 Club on 24 November 2011, 12:15pm at Drawing Room, Grand Hyatt Hotel.
09 Oct 2011
Remarks at the 3rd ICC Asia Pacific Regional Consultative Meeting
Remarks by Dr Victor Fung, New Delhi.
25 Jun 2011
In Times of Great Global Transformations, What Are the Role and Duties of Future Leaders?
Koc University, Commencement Address by Dr Victor K. Fung.
25 Jun 2011
Hong Kong’s Advantages as a Business Platform, Helping Turkish Companies Tap the Chinese Mainland
Keynote speech at the Four Seasons Bosphorus Hotel, Dr Victor Fung, Istanbul.
21 May 2011
The Economic Outlook of Hong Kong in the Context of China’s 12th Five-Year Plan
A Speech by Dr Victor Fung to the Students and Professionals at Savantas Liberal Arts Academy.
30 Jun 2010
Closing Remarks ICC World Business Summit 2010
Closing remarks by Dr Victor K. Fung as Chairman of International Chamber of Commerce at ICC World Business Summit 2010 in Hong Kong.
27 May 2010
Opening Remarks ICC World Business Summit 2010
Opening remarks by Dr Victor K. Fung as Chairman of International Chamber of Commerce at ICC World Business Summit 2010 in Hong Kong.
10 Sep 2008
Global Business in the 21st Century: Asia-Pacific Perspectives
Delivered by Dr Victor K. Fung as Chairman of International Chamber of Commerce in Frankfurt, Germany.
30 Jul 2008
Second International Conference on Operations and Supply Chain Management
Delivered by Dr. Victor K. Fung as Chairman of the International Chamber of Commerce at The Second International Conference on Operations and Supply Chain Management.
30 Jul 2008
Competing in the Flat World: the Li & Fung Experience
Delivered by Dr. Victor K. Fung as Chairman of the International Chamber of Commerce & Chairman of Li & Fung Group at the Sun Yun-Hsuan Management Forum.
16 Apr 2008
Hong Kong’s Economic Integration with the Mainland: The Opportunities, Challenges and Solutions
Delivered by Dr Victor K. Fung Chairman, Li & Fung Group to Business and Professionals Federation of Hong Kong.