May 12, 2008
The best and the brightest!!
Analysis of:
Li & Fung boss predicts BRIC retail expansion | www.just-style.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Implications: Li and Fung not only is one of the biggest sourceing companies in Asia and one of the best financed and diversified, it is run by two od the brightest men in the industry. They are both educated in the United States and one has taught at Harvard Business School. They know the business and have established themselves as leaders. They already own the license for Calvin Klien Asia and has been rolling stores out at a steady clip. Their success their will only lead to others willing to give them Licenses for other labels. Their experience and knowledge of both China and India gives them unique advantages over their competitor in these nations. For these reasons and their track record of success in every area they have involved themselves I believe they accomplish hat they have outlined.Joseph Goldstein
Analysis: The result of their expantion in retail has already help provide both Warnaco and PVH with sales growth in Asia and as they gain additional licenses they will provide growth for those as well.
Analysis: The result of their expantion in retail has already help provide both Warnaco and PVH with sales growth in Asia and as they gain additional licenses they will provide growth for those as well.
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