Li & Fung controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Questions about LF Logistics transaction valuation
Former minority shareholders questioned the valuation and process surrounding the sale of LF Logistics to Maersk and sought an investigation by Hong Kong’s Securities and Futures Commission.
2020
Restructuring and alleged unlawful dismissals
Workforce reductions following privatization generated public protests and allegations that some dismissals were unlawful. The supplied reference does not establish the final legal outcomes of those allegations.
Labor and factory-condition criticism
As a major global sourcing intermediary, Li & Fung has faced criticism connected with labor conditions, factory safety and the responsibilities of intermediaries in international apparel production. The company has also engaged in measures intended to improve safety and working conditions.
Allegations of non-payment to suppliers
The company has faced allegations involving non-payment or delayed payment to suppliers. The supplied material does not provide sufficient detail to determine the scope, resolution or legal status of these allegations.