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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...

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