Related Keywords: acquired a majority stake, acquisitive Chinese group, Chinese conglomerate seeks to build up, deepen its root in this sector., Fosun International Ltd, France’s oldest fashion house, Lanvin, mandate to invest in the fashion, part of the transaction, portfolio of fashion businesses, Price for the deal not disclosed, retail industry
Fosun International Ltd has acquired a majority stake in Lanvin, France’s oldest fashion house as the Chinese conglomerate seeks to build up their portfolio of fashion businesses.
Founded in 1889, Jeanne Lanvin SAS is France’s oldest fashion house in continuous operation. Taiwanese publishing magnate Shaw-Lan Wang acquired Lanvin in 2001 and expanded it into a global brand under the leadership of designer Alber Elbaz.
