WebShandong Ruyi Technology Group Co., Ltd is a Chinese textiles and clothing company. Founded in 1972 in Jining, China, it is a subsidiary of Jining Ruyi Investment Co., Ltd. As of 2017, Ruyi Group was the largest textile manufacturer in China.
WebJune 29 (Reuters) - U.S. fiber maker Lycra has gained new ownership, with creditors of its former parent company Shandong Ruyi Technology Group (Ruyi) (002193.SZ) taking full equity control...
DA:81PA:41MOZ Rank:37
Chinese fashion group that controls Lycra maker defaults on …
WebDec 14, 2020 · Shandong Ruyi has an interest payment on another Rmb1bn bond, also traded on China’s onshore market, due on Tuesday. The group’s international debt is also trading at distressed levels.
DA:51PA:75MOZ Rank:47
Fashion group Shandong Ruyi's creditors seek control of Lycra
WebFeb 23, 2022 · HONG KONG, Feb 22 (Reuters) - Creditors of debt-laden fashion conglomerate Shandong Ruyi Technology Group will seek control of Lycra after Ruyi defaulted on a $400 million loan it took from...
DA:58PA:33MOZ Rank:75
Who Will Shandong Ruyi's Brands SMCP, and Gieves & Hawkes? - WWD
WebJan 6, 2022 · LONDON — Having once aspired to be China’s very own LVMH Moët Hennessy Louis Vuitton, the debt-laden Shandong Ruyi is fighting for survival, with some of its prized assets likely to change...
DA:69PA:13MOZ Rank:8
What is happening at the LVMH of China? | Vogue Business
WebJan 3, 2020 · Shandong Ruyi, the company touted as the potential LVMH of China, is in trouble. In an effort to transform itself into a global fashion conglomerate, the company went on a three-year overseas spending spree starting in 2016.
DA:100PA:4MOZ Rank:37
Shandong Ruyi: confessions of a shopaholic - Financial Times
WebJan 16, 2020 · Opinion Lex. Shandong Ruyi: confessions of a shopaholic. Instead of becoming a global fashion powerhouse, group lacks enough cash to cover liabilities. Shandong Ruyi, the so-called ‘LVMH of...
DA:34PA:55MOZ Rank:6
Shandong Ruyi, ‘China’s LVMH’, finds itself in a precarious …
WebJun 19, 2020 · China’s Shandong Ruyi owns menswear maker Maje. Photo: Shutterstock. The latest debt reprieve came soon after a withdrawal by Jining City Urban Construction Investment, a local government...
DA:13PA:15MOZ Rank:6
Shandong Ruyi Has Ambitious Plans to Dethrone LVMH
Web12 November 2018. JINING, China — China's acquisitive apparel firm Shandong Ruyi is targeting more global deals involving "affordable luxury" brands, under a push to establish the first high-end Chinese fashion empire to eventually challenge behemoth LVMH.