2010年7月27日星期二

China Textile Firm to Take Stake in Japan's Renown

China’s textile group, Shandong Ruyi, will take a 41 percent stake from Japanese apparel maker Renown Inc, making it the largest shareholder.



The deal will give Shandong Ruyi a platform for expanding its presence in Japan while providing Renown, a loss-making collection of clothing brands, with a partner to increase its sales in the fast-growing Chinese market.

For more details,please visit http://www.globalintimatewear.com/news/content-1118.aspx