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2020-08-10 13:05:32
Sale of brand Lycra to Chinese textile giant dismissed
Shandong Ruyi Investment Holder has dismissed the talk with a Chinese textile giant pertaining to the sale of the brand Lycra. The Chinese textile company wanted to explore the possibility of the
2019-08-28 00:00:00
Fashion pact commits to certifaction of high impact materials
Thirty-two luxury, fashion and textile companies have signed a new commitment to protect climate, biodiversity and the oceans of the world, calling the new initiative the Fashion Pact.
2019-03-29 16:25:00
Chinese textiles giants forge Africa tie-up
Textile giants Fung Group and Ruyi Group have announced a strategic partnership with a specific focus on the African market. The collaboration will create new product offerings, specifically denim,
2017-09-25 11:00:00
MoU signed to set up textile industrial park in Kano
Many textile plants in Nigeria have been shredded by the recession the continent’s giant economy has suffered recently but with the Kano State government signing a Memorandum of Understanding
2016-02-13 16:00:00
Japanese investment fund Integral to acquire apparel company Itokin
Japanese investment fund Integral will acquire apparel company Itokin for an estimated 16.5 billion yen ($144 million) to lead its turnaround efforts. Itokin, the struggling Japanese apparel giant's
2015-07-11 11:00:00
Two Chinese companies have acquired stakes in Masood Textile Mills
Zhejiang Xinao Industry, a Chinese company has acquired 12.7% shares worth 7.6 million in Masood Textile Mills a vertically-integrated textile manufacturing company with in-house yarn, knitting,
2015-03-05 18:10:00
RIL gets approval from CCI for joint venture in textile business with Chinese firm
Reliance Industries Ltd (RIL), India's largest private sector company, on Tuesday said it 'had entered into a definitive agreement for a joint venture in business with China's Shandong Ruyi Science
2014-06-18 14:00:00
Bilateral relations augment between China and Pakistan
China and Pakistan are showing interests in increasing their bilateral communications through business venture this time. It is the Shandong Ruyi Technology Group of China which has initiated by
2014-06-16 15:10:00
China investing US$2 bn to set largest cotton spinning facility in Pakistan
China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of
2014-01-28 18:00:00
Chinese firms looking at investment in Pakistan textile and garment
Chinese firms are eyeing Pakistan textile and garment sectors as a competitive destination for foreign investment after Pakistan getting the EU's GSP+ scheme status. Masood Textile, Pakistan's
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