Renown Archives - Inside Retail Asia

Japanese clothing firm Renown collapses

Japanese heritage clothing firm Renown, majority owned by China’s Shandong Ruyi, has filed for bankruptcy after the closure of department stores cut its cashflow.

Struggling Shandong Ruyi fails to fund Bally buy

Chinese apparel group Shandong Ruyi has been unsuccessful in raising funds to settle its planned purchase of Swiss luxury brand Bally.

Takeover whispers surround SMCP

French fashion brand owner SMCP has attracted takeover bids from Lion Capital and Chinese textile producer Shandong Ruyi Group, according to reports in Hong Kong.