Fashion group Shandong Ruyi’s creditors seek control of Lycra
By
Reuters
Reuters
Creditors of debt-laden fashion conglomerate Shandong RuyiLycra
A statement from the creditors on Monday said that Ruyi, known for its ambition to become the LVMH
The lenders include Hong Kong-based China Everbright Limited and Tor Investment Management, along with Seoul-based private equity firm Lindeman Partners and its affiliate Lindeman Asia.