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Chinese Textile Conglomerate Shandong Ruyi Faces a Bleak Future
The Shandong Ruyi Technology Group, famous for snapping up international brands, has met frequent roadblocks in its way to become the “LVMH in China.” Read MoreWill Overseas Luxury Acquisitions Slow in 2020
With Chinese companies spending the last decade acquiring international brands, it’s looking likely that 2020 may mark a turning point for overseas M&A. Read MoreChina’s Ruyi Group is Growing Fast, But Can They Conquer the Luxury Market?
In the short-to-medium term, China's Ruyi Group will focus on integrating existing brands to maximize synergies within its fully integrated business model. Read MoreLuxury Brands Push the Pig In Chinese New Year Campaigns
To attract the attention of Chinese consumers, luxury brands have released special-edition Year of the Pig products to welcome this year's Lunar New Year. Read MoreChinese Government Delays Shandong Ruyi’s Acquisition Spree
The completion of Shandong Ruyi's acquisition of an Israeli company has been delayed due to slower-than-expected Chinese government approval. Read MoreDufry Opens Cartier and Montblanc Boutiques at Shanghai Hongqiao Airport
Dufry has opened Cartier and Montblanc luxury boutiques at Shanghai Hongqiao International Airport’s Terminal 2 departures hall. Read MoreCelebrity Weddings: A (Renewed) Opportunity for Luxury Product Placement
A highly-anticipated celebrity wedding ceremony in Vienna, Austria took China’s social media by storm, benefitting luxury brands like Chloé, Roger Vivier and Ermenegildo Zegna. Read MoreWhy Chinese Investors are Buying into the Global Luxury Sector
China's investors have been putting money into the global fashion market, becoming majority stakeholders in brands like Wolford, Lanvin, Bally, and others. Read MoreWhat Upheaval At One Shanghai Mall Says About China’s Luxury Market
From March 2017 to September 2018, sixteen high-end luxury fashion brands have opened stores or begun the process of opening stores in IFC Shanghai. Read MoreJD.com Lush Deal with Ruyi/Bally Eclipsed by Rumor of CEO’s Misconduct
CEO of JD.com made his first public appearance after being arrested for sexual misconduct, announcing the deal with this Chinese luxury fashion company. Read More