Chando joins growing bevy of Chinese beauty brands at IPO ball
The company is China’s latest cosmetics brand to file for a Hong Kong IPO, boasting ‘unicorn’ status with a $1 billion valuation after a recent funding whose investors included L’Oréal…
Profit-challenged Lanvin slims down with Caruso sale. Who’s next?
With a new team at the top and a worldwide slowdown in luxury retail, the Fosun-owned company’s Sergio Rossi footwear brand may be next to go Key Takeaways: Lanvin’s sale…
Alibaba bets on AI chips, as LVMH exits China duty free
“AI is the darling. You have a lot of people who are absolutely willing to pay valuations that do not really, in my view, hold water.” Rene Vanguestaine Key Takeaways:…
Lanvin underperforms as its signature brand loses luster
The luxury arm of Fosun International reported its revenue fell 22% in the first half of 2025, led by a 42% plunge for its core Lanvin brand Key Takeaways: Lanvin…
Travel rush is not golden enough for investors in CTG Duty Free
Shares in China’s leading operator of duty-free stores have slumped after the company failed to meet high expectations for a post-pandemic rebound Key Takeaways: CTG Duty Free’s revenues jumped nearly…
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:…
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…
