Li Feng Group Plans To Develop Brazil Textile Market

Brazil textile industry

Media reports, yes. Brazil textile Industry, speaking of China is a symbol of loss, but now the large textile group Li & Fung (Li Feng) group, however, plans to enter Brazil, the purpose is to combine with the local textile industry, and become a global supplier of large brands.

Apart from Zara, Disney and WAL-MART are also looking for opportunities to enter Brazil to seek cooperation.

Victor Fung, President of Hongkong group of Li Feng Group, said he wanted to help Brazil sell things to Asia. Fuji and its group, the world's richest in the world, come in and out of $six billion a year, but he also criticizes Brazil's policy of protecting the industry.

He said: "I am very interested in the Brazil market, and I hope to help the country export things to other countries. His purpose is very clear, that is, we hope to find textile producers and suppliers in Brazil, and then provide raw materials to international large brands as supply chain providers.

The group is getting bigger and bigger, and its group is relying on cheap labor to supply the big brand at the most competitive price. Even so, large groups such as WAL-MART still have the means to send their goods to customers at a lower price.

Feng Guojing said: "in Latin America, we often appear in Central America, but at present, Brazil is not yet, but we are sure that this will be a market we need to develop. We are looking for options to enter the market. He promised to enter. Brazil Market Instead of wanting to compete, he hopes to expand his global supply chain. He also expressed disappointment at the protectionism adopted by Brazil, and hoped that the private sector would not stop.