In July, textile manufacturer Qore opened the doors to its $300 million facility in Eddyville, Iowa, to produce Qira: a bio-based, 1,4‑Butanediol (BDO) that replaces building block molecules ...
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 ...
We heard him before we could see him. Strutting like a peacock in full plumage, his specialist cycling shoes clicked along the paving as he marched from bicycle to outdoor coffee table in skin-tight ...
Welcome to The Brink. I’m Giulia Morpurgo in London, where I’m following the impact of tariffs on retailers like Lycra. We also have news on Sunnova’s fight to stay out of bankruptcy, Rite Aid’s plans ...
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 ...
June 29 (Reuters) - U.S. fiber maker Lycra has gained new ownership, with creditors of its former parent company Shandong Ruyi Technology Group (Ruyi) (002193.SZ), opens new tab taking full equity ...
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