Middleman Li & Fung feels the pinch

02/4/2013 | Bloomberg Businessweek

Li & Fung, the supplier of consumer goods to major retail chains including Wal-Mart and Kohl's, has been falling short of its goals as sales in the US and Europe slow while manufacturing costs in Asia continue to rise. The company launched a strategy two years ago to begin deriving more of its revenue from licensing and distributing branded goods, but analysts expect the company to fall short of its profit targets.

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