who is shandong ruyi?18 Jul 2018 12:04
- In November 2017, the company bought 54% of menswear supplier Bagir for $16.5 million.
- In February 2018, Shandong Ruyi acquired a majority stake in the Swiss luxury fashion brand Bally from its parent company JAB Holding Company for an undisclosed sum.
- As of February 2018, British billionaire Sir Philip Green was considering selling his Arcadia company to Shandong Ruyi.
- As of 2017, Ruyi Group was the largest textile manufacturer in China.
- As of 2018, it was also in the top 20 in terms of revenues for luxury fashion groups.