Fosun news and archive

Can Lanvin's new manager return the brand to desirability?

French luxury maison Lanvin has appointed Siddhartha Shukla as its new deputy general manager. Shukla steps into the role to replace Arnaud Bazin, who is exiting the company after just 14 months. Lanvin is France’s oldest couture house, but despite its rich heritage the brand has seen revenue plummet since the exit of Alber Elbaz in 2015. Lanvin...

PeopleMember

Lanvin CEO to step down after 18 months in position

Jean-Philippe Hecquet — the chief executive officer of Lanvin — will step down from his role. He leaves the role after taking the reins of the fashion house in 2018. As the brand looks for the Hecquet’s predecessor, the chairman of Lanvin’s parent Fosun Fashion Group and head of the board of directors of Lanvin, Joann Cheng, will assume the...

Business|UPDATE FeaturedMember

Fosun may obtain full control of German fashion retailer Tom Tailor

China’s Fosun International Ltd may obtain full control of German fashion retailer Tom Tailor, in which the company currently holds a stake of about 29 percent. Fosun informed the European Commission on December 21 that it may passively obtain “de facto control” of the Hamburg-based retailer after attendance rates at past shareholder meetings...