Fosun seeks partners for Lanvin management: 100 million dollars in the pot

Fosun International are seeking some investors for Lanvin. One and a half years after the buyout of the fashion house, carried out through Fosun Fashion Group subsidiary, the Chinese investment corporation is supposedly looking for a partner to which they would sell part of the fashion brand: their aim is to cash in 100 million dollars approximately. Bloomberg, specialized in economic and financial data, made public the news: as reported by the daily newspaper, Guo Guangchang, the owner of the group, aims at pinpointing some external investors to carry on with the business refurbishment plan. In particular, according to Bloomberg again, new investments would foster the steadily running expansion of the group’s brands, such as Lanvin among others, and enhance their profitability. Allegedly, Chinese entrepreneurs have recently started investigating to detect the best options, while contacting some wealthy families settled in the Asian country.

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