HONG KONG -- Shandong Ruyi Technology Group assembled its fashion empire by gobbling up notable apparel brands such as Aquascutum, Sandro and Renown.
But the company once hailed as the "LVMH of China" has faced pressure paying its bills in recent years. The latest deadline comes Monday as a 1 billion yuan ($152.73 million) domestic bond matures, and the signs do not look promising.
