Shandong Ruyi Archives - Inside Retail Asia
Chinese-controlled affordable luxury fashion group SMCP has agreed to buy French menswear luxury label De Fursac.
Chinese textile and retail investment company Shandong Ruyi has bought the US-based Lycra business for an undisclosed sum.
The parent of affordable luxury fashion labels Sandro, Claudie Pierlot and Maje appears unphased by the Sino-US trade spat.
While menswear retailer Trinity saw sales slide last year, CEO Jeremy Hobbins says there are signs the group has “turned a corner”.
Jab Holding has sold its controlling stake in Bally to China’s Shandong Ruyi Group.
Shandong Ruyi Group is emerging as leading bidder for Bally International.
French fashion brand group SMCP plans to pursue its international expansion, particularly in China.
Subject to regulatory approvals, Chinese apparel manufacturer Shandong Ruyi Technology Group has acquired Paris fashion brand parent SMCP.
A Chinese plan to buy out French fashion label owner SMCP has collapsed.
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.