Shandong Ruyi
China
Shandong Ruyi Buys Swiss Luxury Brand Bally
The Chinese clothing and textile giant, which already controls Gieves & Hawkes, Sandro and Maje, has purchased a majority stake in the Swiss clothing and leather-goods brand.
China
Op-Ed | Watch Out, LVMH and Kering — China Inc. Is Coming
As Chinese firm Shandong Ruyi emerges as the leading bidder for Swiss leather-goods maker Bally, the global luxury industry should take notice.
Financial Markets
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
China
The China Edit | SMCP CEO Speaks, Alibaba Affiliate Raises $4.5Bn, Resilient Consumption
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.