Lanvin staff will grill management and Fosun at a meeting on Thursday, seeking guarantees about jobs following the Chinese group's deal to buy a controlling stake in the brand, sources have told FashionNetwork.com.
China’s Fosun International has beat Qatar’s Mayhoola in the bidding contest for French fashion brand Lanvin in a deal that should lead to an investment of more than €100 million, two sources close to the matter said.
China’s Fosun International and Qatar’s Mayhoola, which owns Valentino and Balmain, are competing to inject capital into Lanvin and buy control as France’s oldest fashion house looks set to run out of cash as early as...
Threatened by a critical financial situation, reports say that the couture house is in negotiations with different investors concerning the sale of a majority stake – reports that the label dismisses as "rumors".
The label re-affirms its move away from traditional runway presentations in the run-up to New York Fashion Week with the launch of “Why Can’t We Get Along”, a collaborative film starring Ansel Elgort and Kate Mara.
New York Fashion Week boasts the lengthiest official calendar of any major season anywhere, yet when editors and buyers take their seats on Monday morning the overall feeling will be of attending a season in retreat.
Alvanon has joined hands with the former editor-in- chief of Apparel Monthly to open The Shanghai Apparel Experience Centre, a hub that fosters new technologies and sustainable innovations for China's fashion industry.