Li & Fung, the Hong Kong-headquartered multinational group, has announced the hiring of Weizhong Zhu (Wilson) as Chief Operating Officer (COO). Zhu will lead operations across all Li & Fung’s 40+ production countries, as Li & Fung pushes ahead on its digital strategy to build the supply chain of the future.
Zhu, a 31-year industry veteran, will focus on strengthening the firm’s production platforms globally, ensuring consistent KPIs and driving operational excellence to serve Li & Fung’s customers better.
Zhu’s vast industry experience includes working as chief sourcing and production officer at Gymboree, EVP for Private Brand and global sourcing at Michaels Stores Inc, VP of Private Brand and global sourcing at Office Depot, and VP for global sourcing at Hudson’s Bay Company.
According to a press release, most recently, Zhu co-founded Cooper Aerobics wellness center in China, the first fitness and wellness center of its kind in China, and prior to that, he served as the chairman and CEO of inQbrands, where he led the transition of the US subsidiary of China-based Focus Technology into a full-service brand and product agency.
With the ongoing US-China trade war, Wilson’s leadership comes at a critical time as our customers rely on our scale and expertise to deliver alternative sourcing strategies and mitigate any potential risk in their supply chains.
“I’m very pleased to appoint Wilson as COO of Li & Fung, the first time we have appointed a senior executive to oversee Li & Fung’s global production network,” said the release quoting Spencer Fung, CEO of Li & Fung.
“With the ongoing US-China trade war, Wilson’s leadership comes at a critical time as our customers rely on our scale and expertise to deliver alternative sourcing strategies and mitigate any potential risk in their supply chains,” he added.
Wilson Zhu received his Master of Arts degree in Language and International Trade from Eastern Michigan University in 1987. Passionate about sharing knowledge and ideas, Zhu was a columnist for China’s New Fortune business magazine from 2013 to 2016 and regularly contributes to other media outlets on globalization, retail, management, and branding and China-US trade relations, said the release.