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shandong ruyi

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…