Karstadt Assigns Sourcing To Li & Fung

2006-05-30T00:00:00

Confirming press speculation, Li & Fung, the leading trading company based in Hong Kong, has signed a letter of intent to handle the international buying for the private brands of Karstadt-Quelle, the German retail group, replacing its in-house operations and many intermediaries. The takeover will affect about 1,100 people in ...

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