Roo Hsing news and archive

Levi's denim provider JD United Holdings changes hands

Hong Kong-based EmergeVest has exited its investment with Chinese apparel supplier JD United Holdings Limited (JDU). The private equity firm has sold its stake to Taiwan-listed textile Roo Hsing Co for 500 million dollars. The deal has created one of the world’s leading denim manufacturers, with combined revenue above 500 million dollars. “We...