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Shandong Ruyi

Shandong Ruyi Archives

Trinity liquidators to seek bids for Gieves & Hawkes

The sale includes the UK business, its Greater China operations and licensing agreements.

Fashion group Shandong Ruyi’s creditors take full control of Lycra

Representatives for Ruyi did not immediately respond to a request for comment.

Fashion group Shandong Ruyi’s creditors seek control of Lycra

Ruyi bought control of Lycra from US conglomerate Koch Industries for $2.6 billion in 2019, borrowing about $1 billion f...

Japanese clothing firm Renown collapses

Japanese heritage clothing firm Renown, majority owned by China’s Shandong Ruyi, has filed for bankruptcy after the clos...

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 luxur...

Lycra to launch elastane made with recycled content

Fibre and technology firm The Lycra Company is launching its first branded elastane made with recycled content.

Three SMCP boutiques in K11 Musea open at once

Shandong Ruyi’s three SMCP Parisian fashion brands – Sandro, Maje, and Claudie Pierlot – have all opened stores in K11 M...

SMCP to buy men’s luxury brand De Fursac

Chinese-controlled affordable luxury fashion group SMCP has agreed to buy French menswear luxury label De Fursac.

Shandong Ruyi buys global Lycra business

Chinese textile and retail investment company Shandong Ruyi has bought the US-based Lycra business for an undisclosed su...

Sandro, Maje parent SMCP unphased by trade spat

The parent of affordable luxury fashion labels Sandro, Claudie Pierlot and Maje appears unphased by the Sino-US trade sp...