Profile: Li Fung

 Type: Li Fung Public

On the web: http://www.lifung.com
Employees: 13,400

A global provider of supply chain management services, Li & Fung helps retailers keep their shelves filled with consumer goods from far-flung factories. The company concentrates on the sourcing of soft goods (mainly clothing); it also sources hard goods such as handicrafts, home furnishings, shoes, sporting goods, and toys. Li & Fung owns an extensive network of 80 offices serving 40 countries, particularly in China. In addition to finding sources for goods, Li & Fung arranges transportation. Items destined for the US account for more than 60% of sales. Chairman Victor Fung and his brother, managing director William Fung, control the company.

Key numbers for fiscal year ending December, 2009: 
Sales: $13,467.3M
One year growth: (5.7%)
Net income: $433.8M
Income growth: 38.8%

Officers:
Chairman: Victor K. K. Fung
Group Managing Director and Board Member: William K. L. Fung