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KM Financial Solutions | China’s Fosun set to takeover struggling fashion house Lanvin – sources
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China’s Fosun set to takeover struggling fashion house Lanvin – sources

11 Feb China’s Fosun set to takeover struggling fashion house Lanvin – sources

Posted at 17:54h in News by
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PARIS, Feb 12 (Reuters) – Chinese conglomerate Fosun
is set to acquire a majority stake in France’s oldest
surviving couture label Lanvin, as the fashion house faces a
cash crunch following a slump in sales, sources close to the
matter said on Monday.

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