Global Textile Clothing Industry experienced in 2009’s “dark” after the year 2010, China’s steady rise of the textile industry there’s a good trend. Data show that from January to February this year, the textile sector grew by 13.4% line. Meanwhile, exports have been 3 consecutive months of positive growth over the previous year, an increase of 89.34 percent, substantially more than market expectations. Significant improvement in the domestic industry against the background of the situation, Shandong Ruyi Group, represented by the domestic textile and garment enterprises have acquired a number of foreign famous brand clothing business. However, it is noteworthy that, in foreign enterprises, “acquired” the same time, domestic textile and garment enterprises frequency is “transferred.” Recently, Lixian new Qinghe Woolen Textile Co., Ltd., Sichuan Jiuxing Apparel Co., Ltd. and a number of textile and garment enterprises of the shares are held by side to promote the exchange of property rights. For the domestic textile and garment enterprises in the transfer-intensive acquisitions, industry experts say Financial Crisis of the textile and garment industry mergers and acquisition opportunities, and to integrate industry chain mainly the adjustment of industry structure has only just begun. When transfer of
M Ruyi Group addition to extensive international search for objects big deal bargain-hunting, domestic mergers and acquisitions performed simultaneously.