SMALL CAP MOVERS: Bagir to sue cash-strapped Chinese fashion giant; Hornby soars on £15m fundraise
Israeli tailor Bagir was out of fashion this week after announcing it is taking legal action against Chinese giant Shandong Ruyi. Once touted the ‘LMVH of China’, the fashion conglomerate is now drowning in billions’ worth of debt following an acquisition spree of European brands such as Sandro and TM Lewin. Only last month the … Read more