Ruyi
Retail Roundup: Aldo Wraps Restructuring, Joules Calls in Debt Experts, Kohl’s Moves on and More
Plus, storied Savile Row tailor Gieves & Hawkes is up for sale after corporate owner Ruyi fell on hard times…
Owner Loses Control of Lycra After Defaulting on Loan
The Lycra Company said a group of financial firms has full equity control of the fiber maker after former…
Trinity Group Liquidation Puts Gieves & Hawkes Future in Doubt
A Bermuda court appointed liquidators for Trinity Group, leaving Kent & Curwen, Cerruti and Gieves & Hawkes…
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SMCP Owner’s Distress Reverberating Through Fashion
Once hailed as China's answer to luxury titan LVMH, Shandong Ruyi is straining under mounting debt with…
Ruyi Group Pivots to Produce Protective Apparel
The Ruyi Group is one Chinese garment manufacturer that's shifted production to make protective materials…
Lycra Sharpens Innovation Focus a Year Into Ruyi Ownership
Lycra is exploring potential synergies with Ruyi, its majority shareholder, that include leveraging its…
Ruyi to List Lycra Shares on China’s New Nasdaq-Style Market to Drive Asia Growth
Ruyi, one of the leading textile and fashion companies in China, said the listing will help Lycra build its…
China’s LVMH Wannabe to Slow M&A After $4 Billion Spree
China's Ruyi, the apparel firm that's taking over Bally International AG, spent more than $4 billion on…
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