Pomellato to Stage Paris Exhibit
shandong ruyi
China Declines Hit SMCP as Action Plan Leads to 27 Million Euros in Losses
The company is closing stores and looking to put its business on a stronger footing.
SMCP Bondholders Initiate Sale of 37 Percent Stake
The initial stage will last two months and could trigger a mandatory takeover.
David, Victoria Beckham Pocketed 8.1 Million Pounds in 2020 Dividends
Beckham Brand Holdings Ltd., the holding company that owns the couple's businesses, had a fruitful year…
Gieves & Hawkes to Sell U.K. and Greater China Operations
It's understood that Trinity's liquidators aim to find a buyer for Gieves & Hawkes in the third quarter of…
Chinese Textile Giant Shandong Ruyi Transfers Lycra to Creditors
A group of lenders to Shandong-based textile giant Ruyi Group has taken over Lycra.
What to Watch: Who Will Buy Shandong Ruyi’s Brands SMCP and Gieves & Hawkes?
Once aiming to be China's own LVMH, the debt-laden Chinese fashion manufacturing giant is now fighting for…
Gieves & Hawkes, Cerruti Owner Trinity Group Falls Into Liquidation
While facing permanent closures, a rescue deal could still be struck for Gieves & Hawkes with Marks & Spencer…
SMCP Sets 2021 Guidance as Q3 Revenues Rise 8.4%
New chief executive officer Isabelle Guichot did not address the bond default of SMCP's majority shareholder.
Gieves & Hawkes Faces Permanent Closure Over Shandong Ruyi Debt Crisis
If a buyer fails to show up, the storied British tailor is in danger of closing after 250 years of trading.
Ruyi Group Received $495 Million State-owned Investment
The investment provided a much-needed cash injection as Ruyi is facing a near 10 billion renminbi debt…
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