Newsroom

You can also visit the newsrooms of our three public companies that are listed on the Hong Kong Stock Exchange:  Li & Fung Global Brands Group, and  Convenience Retail Asia.

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03 Dec 2018

LF Beauty unveils exciting new rebrand as MEIYUME

LF Beauty announced that starting today, it will operate under the new brand name of MEIYUME (pronounced may-you-may). As the beauty company behind the beauty industry, the rebrand signifies both MEIYUME’s evolution as a company and its response to the rapidly-changing beauty landscape and the changing face of today’s consumer.


16 Nov 2018

Toys “R” Us Asia Announces New Joint Ownership Structure

Taj Noteholders and Fung Retailing have 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.