Li & Fung plans to replace Bruce Rockowitz as chief executive by the son of a co-founder of the firm. Photo: David Wong

Li & Fung needs to focus on its core businesses - and get rid of the rest

Instead of building a conglomerate, the firm should extract value from sourcing operations

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Li & Fung plans to replace Bruce Rockowitz as chief executive by the son of a co-founder of the firm. Photo: David Wong
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