Tuesday, March 24, 2015

Is Lanvin For Sale?

Lanvin could be heading for a sale if industry rumours are to be believed, with the label's owner, Shaw-Lan Wang, reportedly considering offloading the French house. Although no formal talks are said to have taken place, the Taiwanese publishing magnate made an "informal approach" to a family of investors in Asia about possibly selling her stake.


"Madame Wang has received expressions of interest to acquire Lanvin, as in the past years, but she didn't respond," a spokesperson for Lanvin told WWD.Wang - who recruited Alber Elbaz to the house in 2001, the same year that she acquired Lanvin from L'Oréal - has described the business as a "long-term investment," but that hasn't stopped the rumour mill from swirling.

"It's a very fluid situation. My guess is something will happen this year," a source said.

No comments:

Post a Comment