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Hong Kong-based sourcing giant Li & Fung is setting up a new business unit to tackle substandard working conditions in garment factories in emerging markets in the wake of last year’s Rana Plaza disaster in Bangladesh.

The company said its Vendor Support Services arm would “enhance factory and worker safety, raise standards and improve operational efficiencies in its global supply chain”. It will be led by Li & Fung chairman Dr William Fung Kwok Lun.

He said: “We already offer services to ...

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