Shandong Ruyi, the Chinese group that controls, SMCP, Aquascutum, The Lycra Company and Gieves & Hawkes, has defaulted on two CNY1bn/$153m bonds. It has been dealing with a massive debt load.
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15 published items with the word (s) or phrase Bagir in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Shandong Ruyi in bond default")
Shandong Ruyi in bond default -
![]( "Bagir loses survival fight, liquidator appointed")
Bagir loses survival fight, liquidator appointedTailoring specialist Bagir, which has been operating under court protection for several months, has given up the battle to continue and a liquidator has been appointed.
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![]( "Bagir files for creditor protection as business review continues")
Bagir files for creditor protection as business review continuesTroubled tailoring specialist Bagir has taken steps to protect itself from its creditors as it faces a cash crunch due to the impact of the coronavirus on its primary markets, the UK and the US
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![]( "Bagir to run out of cash, is now assessing options")
Bagir to run out of cash, is now assessing optionsTroubled tailoring specialist Bagir Group is assessing its options as it said the coronavirus crisis means it has "insufficient cash resources available" and undermined its ability to continue as a going concern.
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![]( "Shandong Ruyi's Bally takeover hasn't happened yet on financing issues")
Shandong Ruyi's Bally takeover hasn't happened yet on financing issuesSources have said that Chinese luxury clothing conglomerate Shandong Ruyi hasn't yet secured financing for its $600m purchase of Swiss luxury brand Bally, despite two years having passed since the deal was done.
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![]( "Bagir goes to court as Shandong Ruyi deal still not complete, but says order pipeline is strong")
Bagir goes to court as Shandong Ruyi deal still not complete, but says order pipeline is strongIt seems Bagir is losing patience. The tailoring specialist has been waiting several years now for an investment by Shandong Ruyi to complete and with no sign of that happening, it's taking action for breach of contract.
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![]( "Bagir sees revenues rising, new date agreed for takeover by Shandong Ruyi")
Bagir sees revenues rising, new date agreed for takeover by Shandong RuyiLondon-listed US/UK-focused formalwear tailor Bagir battled through a “challenging retail and political backdrop” to deliver strong sales and a return to core profits in its latest interim results.
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![]( "Bagir sales up in tough market, Shandong Ruyi deal delayed again but still on")
Bagir sales up in tough market, Shandong Ruyi deal delayed again but still onLondon-listed tailoring specialist Bagir on Wednesday reported higher sales for the first five months of the year and also updated the markets on its delayed deal with Shandong Ruyi, which is still expected to go ahead.
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![]( "Bagir's Shandong Ruyi deal delayed again")
Bagir's Shandong Ruyi deal delayed againChina’s Shandong Ruyi has requested additional time to complete its pending deal with tailoring specialist Bagir, saying it wants to discuss some changes to the agreed terms.
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![]( "Bagir's Shandong Ruyi deal delayed, trading improves")
Bagir's Shandong Ruyi deal delayed, trading improvesTailoring specialist Bagir has announced that the investment it’s getting from Shandong Ruyi has been delayed but that trading has improved in recent months.