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Building stronger economic futures

Building stronger economic futures

With the support of the Fung Foundation and the Fung Academy, we are empowering female workers in approximately 100 of our third-party suppliers in Bangladesh, Cambodia, India, and Vietnam. 

Created by the Business for Social Responsibility (BSR), the HERProject educates female factory workers on finance, health, personal hygiene and wellbeing, using an impactful peer educator methodology that improves in-factory communication and collaboration.

In Cambodia, focus is placed on nutrition, diet and food hygiene to address local needs. The program is also supported by local food vendors at each factory. 

To date, a total of over 174,000 workers and 89 suppliers are involved.

Research-driven business

Research-driven business

Our company builds business strategies based on a macro overview of the economy and where we see it changing in the future. 

The Fung Business Intelligence Centre (FBIC) collects and analyzes market data on sourcing, supply chains, distribution and retail. It also provides thought leadership on technology and other key issues shaping their future.

FBIC Hong Kong leverages unique relationships and information networks to track and report on trends and developments in China and other Asian countries.

The Fung Global Retail & Technology research team in New York follows broader retail and technology trends, specializing in how they intersect and building collaborative knowledge communities.

The future of retail space

The future of retail space

Radio frequency identification (RFID) technology is revolutionizing the retail experience for both customers and store owners. While many retailers have already integrated RFID in their price tags for supply chain optimization – including product tracking and inventory, our teams are using it to create a whole new shopping experience. Enter CatLook – a series of interactive digital displays and hidden scanners designed to enhance consumers’ in-store shopping experience while gathering real-time data for retailers.

Our research has shown that 25 to 30 percent of people are shopping online. The solution to keeping the brick and mortar experience fresh and driving traffic back in-store lies in creating an interactive, digital experience superior to the online experience. CatLook does just that with virtual fitting rooms, social media sharing and touchscreen browsing. 

On top of enhancing in-store customer experience, CatLook also solves several issues for retailers. A brand and its designers can now speak directly to consumers by teaching them to create a signature look, and calling out product attributes that could otherwise go unnoticed. CatLook is also an effective tool for intelligent product cross-selling and queue management.