Hong Kong-listed YGM Trading has signed an agreement to sell its UK luxury brand Aquascutum to Chinese textiles major Shandong Ruyi Technology Group in a deal worth US$117m.
Aquascutum sold to Shandong Ruyi in US$117m deal
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Hong Kong-listed YGM Trading has signed an agreement to sell its UK luxury brand Aquascutum to Chinese textiles major Shandong Ruyi Technology Group in a deal worth US$117m.