Li & Fung

Thank you to Sourcing Journal for inviting me again to represent Li & Fung and have a conversation on the future of sourcing in the Western Hemisphere. My view is straightforward: Central America has a real opportunity to become a far more meaningful strategic sourcing region—but it will not get there by treating today’s trade rules as untouchable. Yarn-forward rules remain one of the region’s greatest constraints. While designed to protect and develop regional textile capacity, they can also restrict flexibility, limit foreign direct investment, narrow material choices, and favor a relatively small group of incumbent suppliers over the broader manufacturing ecosystem. That does not mean the region lacks a path forward. Quite the opposite. Central America can win by embracing its advantage in a more complex global environment: - Build deeper, more integrated supply-chain ecosystems across the region - Attract FDI into fabric, trim, dyeing, finishing, and advanced manufacturing capabilities - Use proximity to North America to compete on speed, replenishment, lower inventory risk, and not simply FOB cost - Turn complexity into a competitive advantage through transparency, agility, and stronger brand–factory partnerships The opportunity is not to replace Asia. It is to build a complementary, strategically important regional platform that helps brands manage risk while serving the North American consumer faster and more responsibly. The Western Hemisphere can win—but it will require bold investment, more flexible thinking, and an honest conversation about what is holding the region back. #SourcingJournalSummit #WesternHemisphere #CentralAmerica #CAFTA #YarnForward #Nearshoring #ApparelSourcing #SupplyChain #FDI #Manufacturing #TradePolicy #Resilience #li&fung

We recently hosted our Grow with Growth Leadership Program in India and, for the first time, included our strategic vendor community. Over three days, Li & Fung leaders and 34 vendor participants from 23 partners strengthened ties, explored and shared practical leadership tools, and discovered how AI and data can drive better collaboration and long-term value. We’re excited to keep growing together and to share the insights we learn along the way. #learning #growth #leadership #India #community

It was an absolute pleasure to represent Li & Fung speaking at the Texworld New York City conference today. A special thank you to Edward Hertzman for expertly moderating our engaging discussion on "The Quest for Newness." Over the past few years, higher costs and inflation have forced consumers to make difficult choices about how they spend their next dollar. We are operating in a "white water world" where capturing discretionary spend requires an entirely new level of innovation. Consumers demand newness, and global supply chains must be agile enough to deliver it profitably with speed and scale. To meet this demand, organizations face the ultimate challenge: they must operate within the Three Horizons Theory, but applied to today's hyper-disruptive environment. This is a concept we teach in business school, and it is more relevant today than ever: - Horizon 1 requires exploiting core businesses and existing competitive advantages. - Horizon 2 involves expanding the product newness/innovation side of the business, which is in high demand and requires a completely different, faster cadence. - Horizon 3 demands looking over the horizon to recognize emerging models and trends that will inevitably disrupt the first two phases. Navigating all three horizons at once requires a massive shift in how we execute. During our session, we explored how the apparel industry can leverage new tools to make this happen: - Executive decision-making must adapt quickly to navigate shifting global markets and recognize patterns early. - Technology is enabling the compression of supply chain lead times, unlocking innovation that is actioned by reading real-time demand. - Leveraging new sources of data and automation is essential for modern operational efficiency. - AI serves as a powerful tool to enhance human productivity across forecasting, design, risk management, capacity planning, predictive analytics, and so much more. Thank you to everyone who attended and contributed to such an insightful conversation. How is your organization managing these three horizons to drive innovation in today's economic climate? #TexworldNYC #SupplyChain #ApparelIndustry #Innovation #ArtificialIntelligence #ThreeHorizons #ExecutiveLeadership #AmericanUniversity #FloridaAtlanticUniversity #BusinessSchool #LiandFung #Kogod

We are excited to announce the release of Li & Fung’s 2025 ESG Report, highlighting our ongoing commitment to Environmental, Social, and Governance principles that are integral to our purpose and resilience in today’s global supply chain.   We are proud of the progress our teams have made in 2025. Here are some of our key milestones: - Five of our major offices are now powered by 100% renewable electricity, and we continue to advance our Science-Based Targets - Received A List ranking on the CDP Supplier Engagement Leaderboard - Improved our Higg FEM portfolio scores by 25% from the 2019 baseline - Ranked #1 by The Centre for Child Rights and Business, achieving ‘Very Strong’ ratings across key assessment areas - Our offices in Bangladesh, China, India and Türkiye have been certified as "Great Place To Work", reflecting our empowering workplace culture Thank you to our colleagues, customers, suppliers and partners for the work behind this progress. We will continue to earn trust in the same way it was built – decision by decision, factory by factory and relationship by relationship. #ESGReport #sustainability #supplychain

We are pleased to share Li & Fung's Tenth Modern Slavery Statement, covering the financial year January to December 2025. This report highlights our unwavering commitment to transparency, accountability, and proactive efforts to combat modern slavery across operations and our supply chain. Since our first statement in 2017, our responsible sourcing program has moved from a compliance-led model to a continuous-improvement approach. We collaborate with suppliers to prevent and mitigate exploitation, and with industry partners where one company acting alone will not be enough. For Li & Fung, this is both a responsibility and a source of trust. Our priorities for 2026 are focused and practical: deepen due diligence by enforcing governance and policy alignment; improve supply chain visibility and worker voice mechanisms; strengthen supplier capability, grievance handling and remediation; and embed responsible recruitment more deeply across our operations. We thank our partners, workers, and communities for their collaboration as we strive to build a future grounded in dignity, fairness, and respect for all. Read the full statement here: https://lnkd.in/gYEFNYDN #HumanRights #ModernSlavery #ResponsibleSourcing 

In celebration of Dragon Boat Festival, our Hong Kong office hosted a workshop for colleagues to learn how to make their own 'zongzi' (traditional rice dumplings) - a fun and delicious way to spend the afternoon together! #DragonBoatFestival #employeeengagement #workplaceculture

Global sourcing is often discussed through the lens of cost, compliance and capacity. Far less often do we talk about the leadership judgement required to steer teams, suppliers and strategy through constant change. In the latest episode of The Sourcing Exchange, Paul Lennen speaks with Deepika Rana, Chief Operating Officer at Li & Fung, about what it really takes to lead across markets, cultures and disruption. Their conversation covers two essential dimensions of modern sourcing leadership:  • Deepika’s career journey across India, Bangladesh, Sub-Saharan Africa and Hong Kong  • the resilience needed to lead through uncertainty and change  cross-cultural management and the human side of global operations  • the importance of women in leadership and visible role models  • how sourcing strategies are evolving in response to geopolitical, economic and operational disruption  • why human judgement remains critical, even as technology and AI play a larger role This is a thoughtful discussion on both the personal and strategic sides of leadership: how careers are shaped over time, and how sourcing leaders need to think about the future. If you work in retail, sourcing, supply chain or leadership, this episode offers practical perspective on what strong leadership looks like now. Listen or watch the latest episode here, and let us know: what leadership capability matters most in global sourcing today? 📺 YouTube:  https://lnkd.in/e4CNURWF 🎧Spotify:  https://lnkd.in/ee_P33xB #globalsourcing #supplychain #leadership #retail

We’re proud to share that Li & Fung Egypt has been certified a Great Place To Work for March 2026-March 2027. This recognition reflects the strong, inclusive culture we’ve built together, driven by the passion and commitment of our teams. Thank you to everyone who made this possible! Together, we continue to grow stronger. #GreatPlaceToWork #CompanyCulture #TeamSuccess