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Shandong Ruyi

UK High Court invalidates sale of 15.9% stake

by Robyn Pickett
UK High Court invalidates sale of 15.9% stake

Translated by Nicola Mira Published Jul 15, 2024 Chinese conglomerate Shandong Ruyi, formerly the owner of fashion group SMCP, went bankrupt in 2021. In the aftermath, several creditors, with debt …

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Gary Smith of The Lycra Company says price is a problem only when value is absent

by Robyn Pickett
Gary Smith of The Lycra Company says price is a problem only when value is absent

Translated by Nicola Mira Published May 21, 2024 In his first-ever European interview since taking over as CEO of The Lycra Company in November 2023, Gary Smith has discussed his …

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SMCP outlines plan to ‘safeguard profitability and foster growth’

by Robyn Pickett
SMCP outlines plan to ‘safeguard profitability and foster growth’

Translated by Roberta HERRERA Published Mar 10, 2024 SMCP, the French luxury conglomerate renowned for its accessible luxury, experienced a mixed year in 2023. On one hand, the group witnessed …

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The Lycra Company accelerates on recycled, bio-sourced fibres

by Robyn Pickett
The Lycra Company accelerates on recycled, bio-sourced fibres

Translated by Nicola Mira Published Jan 31, 2024 The Lycra Company is going through a sea change. After recently appointing a new CEO, following its exit from the Shandong Ruyi …

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