Japan’s Renown Inc. part of Chinese fashion empire Shandong Ruyi, filed for bankruptcy with 13.9 billion yen ($130 million) in debt.…
Japan’s Renown Inc. part of Chinese fashion empire Shandong Ruyi, filed for bankruptcy with 13.9 billion yen ($130 million) in debt.…
Shandong Ruyi has been reportedly delayed in closing on its purchase of Swiss luxury brand Bally, as it struggles to secure $600 million in financing.…
Swiss fashion brand Bally has promoted Nicolas Girotto to the role of chief executive officer.…
Chinese luxury apparel firm Shandong Ruyi Group finally closed its acquisition of the owner of Lycra.…
Chinese-owned SMCP Group said that total company sales exceeded 1 billion euros in 2018, marking a revenue-first for the French fashion group.…
Asia’s largest online luxury platform Secoo has formed a strategic partnership with Chinese company Shangdong Ruyi for the sale and distribution of the latest luxury clothing and accessories.…
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand Bally.…
The takeover race for Bally is heating up with a new Chinese firm front-runner. …