In late February 2018, Fosun International acquired a majority stake in French fashion brand Lanvin, which faces a liquidity crisis. Lanvin’s current shareholders, the media magnate Shaw-Lan Wang from Taiwan and the businessman Ralph Bartel from Switzerland retain a minority stake. The value of the deal was not made public. Fosun aims to invest €120 million in the struggling company, which is also one of the oldest in France, founded in 1889.
From a revenue peak of €235 million in 2012, Lanv
After Sandro and Bally, Lanvin moves under the Chinese flag
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