Shandong Ruyi wants to be the Chinese LVMH
19/11/2018
The chairman of Chinese group Shandong Ruyi, which earlier this year acquired a controlling stake in high-end accessory and footwear group Bally, has said his company wants to learn from the multibrand approach of luxury conglomerate LVMH and hopes to emulate its success in the future. In a recent interview, Qiu Yafu said: “We understand there’s...