NEWS WRAP: Lanvin business stagnates in 2023
The unit of Chinese conglomerate Fosun reported its revenue rose just 1% last year as the global luxury goods market stalled By Teri Yu Luxury fashion brand operator Lanvin…
Lanvin inaugural results: Belle of the ball, or luxury runner-up?
The owner of several high-end fashion brands touted record sales and margin improvement for 2022, but revenue fell short of its earlier projection and its net loss widened Key Takeaways:…
Newly Listed Lanvin Leaves Investors Blowing Hot and Cold
The China-owned luxury company’s shares have gyrated wildly since completion of its SPAC listing in mid-December, losing more than half their value at one pointKey Takeaways:Big volatility in Lanvin’s shares…
FAST NEWS: SPAC Shareholders Approve Lanvin Listing Plan
The Latest: Lanvin Group, the luxury retail arm of Fosun International (0656.HK), announced on Monday that shareholders of Primavera Capital Acquisition Corp. (PV.US) have approved a reverse merger plan that…
Lanvin Nears Completion of U.S. SPAC Listing. Now the Work Begins
The luxury arm of debt-challenged financial conglomerate Fosun looks set to complete its New York listing by year-end, with an aim of breaking even by 2024Key Takeaways:Lanvin Group’s plan for…
Fosun’s Luxury Dream Advances as Lanvin Group Nears New York Listing
Financial conglomerate’s recently formed luxury group, whose brands include Sergio Rossi and St. John Knits, says it expects to complete a SPAC listing by year-end Key Takeaways: Fosun’s Lanvin Group…
China Offers Up Luxury Investment With Lanvin Backdoor Listing Plan
Local private equity giant Fosun says it will use a SPAC to list Lanvin, whose brands also include St. John Knits, Sergio Rossi and Wolford Key Takeaways: Chinese private equity…
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