Bagir Group Ltd. announced that it expects to receive £12.58 million in funding from Shandong Ruyi Technology Group Co.,Ltd

Bagir Group Ltd. is an Israel-based manufacturer and marketer of men's and women's tailored fashion. The Company and its subsidiaries (together the Group) designs, creates and provides formalwear tailoring for department stores and private label brands across the world. The Group markets its suits, jackets and trousers under retail private labels, as well as brands, such as GIR Collection, AR-RED, Jay Godfrey and Simon Carter. The Group's products are primarily marketed to two geographical areas: Europe and the United States and, accordingly, the Company has two geographical segments. The company's activities in Europe are concentrated primarily in the United Kingdom.