Li & Fung’s $1.1b divestment simplifies business
The sale of three underperforming and volatile businesses could relieve a drag on the earnings of the listed entity.
December 14, 2017
Li & Fung has moved a step closer to separately listing the business that controls brands such as Juicy Couture and develops clothing, footwear and accessories under licence for fashion labels such as Calvin Klein and Tommy Hilfiger.
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