| HBS Case Collection
(Revised April 2016)
Three-Year Planning at Li & Fung Limited
Having been able to follow its own "three-year plan" on course constantly, Li & Fung Limited fell short of meeting its stretch earnings target for the first time in almost two decades, leading to a double-digit drop in stock price overnight. Questions were raised on the company's strategies pursued to meet such targets, and on the validity of its Three-Year Planning process.
Keywords: Li ＆Fung;