Former Citi Analyst to Head Global Retail Research & Intelligence at Fung Business Intelligence Centre

  Former Citi Analyst to Head Global Retail Research & Intelligence at Fung
                         Business Intelligence Centre

PR Newswire

HONG KONG, May 9, 2014

HONG KONG, May 9, 2014 /PRNewswire/ --The Fung Business Intelligence Centre,
the research arm of the Hong Kong-based multinational Fung Group whose
publicly-listed and privately-held businesses span the entire global supply
chain for consumer products, has announced the appointment of Ms Deborah
Weinswig as Executive Director and Head of Global Retail Research &
Intelligence with immediate effect. Based in New York, she will report to the
senior management of the Fung Group.

Ms Weinswig, an award-winning global retail analyst and a specialist in retail
innovation and technology, will greatly strengthen the Centre's capability to
provide insights into disruptive technology trends and innovation reshaping
the global landscape for the retail industry worldwide. In particular, the
advent of omni-channel sales and improvements in supply chain efficiencies are
among unprecedented changes redefining the retail interface with consumers
around the world.

Ms Weinswig's in-depth knowledge and understanding of global retail and
technology trends will be invaluable in broadening the Centre's research
capability in this area and enable it to better serve business partners and
other stakeholders.

The Fung Business Intelligence Centre, known mostly for its authoritative data
and analysis regarding China's economy, is a knowledge bank for Fung Group
companies and their networks of business partners, scholars and government
officials around the world. The Fung Group employs 45,000 men and women across
40 economies worldwide, with a total revenue of over US$22.60 billion in 2013.

Ms Weinswig's previous positions include Global Consumer Discretionary Sector
Head at Citi Research, where she worked for nearly 12 years and consistently
was rated one of the top analysts in her field by publications such as
Institutional Investor, StarMine, and Business Insider. She is frequently
quoted in The Wall Street Journal, The New York Times, Barron's, and on CNBC.
Before Citi, she held senior research positions at Bear Stearns and Morgan
Stanley.

Ms Weinswig is an advocate for innovation, creativity and the implementation
of efficient technologies in the retail sector. She has helped US start-ups
develop and implement retail technology systems and strategies, some of which
have been adopted by top-tier, national retailers.

Ms Weinswig also serves as a mentor to start-up companies in Silicon Valley
including Alchemist Accelerator and Plug & Play, and sits on the advisory
boards of several early stage companies. She is a Certified Public Accountant
who holds a Masters of Business Administration Degree from the University of
Chicago.

About the Fung Business Intelligence Centre

The Fung Business Intelligence Centre serves the Fung Group of companies as a
knowledge bank. Focused mainly on China's economy, industries, logistics and
distribution sector, its research scope covers the whole spectrum of the
supply chain, from ideas, production, distribution, retailing to consumers. It
also provides research analyses and consulting services for external clients
of Fung Group companies to assist their day-to-day decision-making.

About the Fung Group

Fung Holdings (1937) Limited, a privately-held business entity headquartered
in Hong Kong, is the major shareholder of the Fung Group of companies, whose
core businesses are engaged in trading, logistics, distribution and specialty
retailing, including controlling interests in publicly-listed Li & Fung
Limited (SEHK: 00494), Convenience Retail Asia Limited (SEHK: 00831) and
Trinity Limited (SEHK: 00891).

SOURCE Fung Group

Contact: GolinHarris, Glenn Schloss, Tel: (852) 2501 7939 / (852) 9673 1886,
Email: glenn.schloss@golinharris.com; Annie Leung, Tel: (852) 2501 7918 /
(852) 9673 1168, Email: annie.leung@golinharris.com
 
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