Established in 1906, The Li & Fung Group is a multinational group of companies comprised of
three distinct core businesses - product sourcing (Li & Fung Trading), marketing, logistics &
manufacturing (IDS Group), and specialty retailing (Li & Fung Retail). With over $12 billion in
sales, 25,000 associates and a sourcing network of over 80 offices in 40 countries, Li & Fung
produces and ships over 3 billion units annually to retailers in over 100 countries around the world.
The New York offices of Li & Fung (LF USA) have recently built the Global Brands Business
Group including Royal Velvet, Cannon, Levi's Red Tab and Levi's Signature, Disney Plush Toys,
and Avon. LF USA has made 8 acquisitions over the last 2 years - The Ralsey Group, Young Stuff
Apparel Group, Oxford Women's Wear, Rosetti, Briefly Stated, Homestead, Regatta USA, and most
recently AME. LF USA's top retailer accounts include JCPenney, Sears, Target, Kohl's, and Walmart
with total sales for 2007 exceeding $1 billion.