YGM Trading news and archive

YGM confirms Aquascutum sale to Shandong Ruyi Group

London - YGM Trading has confirmed the sale of British heritage brand Aquascutum to Jining Ruyi Investment Co Ltd, a holding company owend by Shanding Ruyi Technology Group for 117 million dollars (95 million pounds). On Thursday evening YGM Trading announced it had reached an agreement to sell the manufacturing, retailing and intellectual...

Fashion

Aquascutum confirms exclusivity talks with YGM

British fashion brand Aquascutum, which went into administration last month, looks set to be rescued by YGM Trading Limited, the owner of the brand across Asia. FRP Advisory, the administrators for Aquascutum has confirmed that both parties have entered into an exclusivity agreement. Following the retailer entering administration on April 17,...