Fashion conglomerate Shandong Ruyi, best known for its ambition to be the LVMH of China, has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to ...
WILMINGTON, Del.--(BUSINESS WIRE)--The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and personal care industries, announced ...
WILMINGTON, Del.--(BUSINESS WIRE)--The LYCRA Company, a global leader in developing innovative fiber and technology solutions for the textile and apparel industry, announced today that its largest ...
HONG KONG, Feb 22 (Reuters) - Creditors of debt-laden fashion conglomerate Shandong Ruyi Technology Group will seek control of Lycra after Ruyi defaulted on a $400 million loan it took from them to ...
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