Shandong Ruyi fails to complete Bally’s takeover

It’s not clear at this stage whether Shandong Ruyi will be the new owner of Bally. The Chinese textile and clothing manufacturer has failed to obtain financing to complete the $600 million acquisition of the Swiss shoe brand, according to the Reuters. Bally confirmed that the deal that was announced ...

Keep reading this article by becoming a member


Enjoy unrestricted access to Shoe Intelligence

To continue reading this article subscribe now

  • Unlimited access to our highly trusted industry insights and analysis
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward
  • Stay up to date with new business models and startups

If you aren’t ready to subscribe now, you can REGISTER FOR FREE. Already a Shoe Intelligence subscriber? Sign in here.