JACQUES LEVY SAID JOINING LANVIN IN SENIOR CAPACITY
PARIS — The new owners of Lanvin, an investment group known as Harmonie SA, are starting to put their imprint on the business.
Sources said Harmonie has recruited Jacques Levy, formerly managing director of the French lingerie and sportswear chain Etam. He is expected to start in September in a senior management role.
The fate of Lanvin’s chief executive officer, Gerald Asaria, could not immediately be learned.
Neither he, Levy nor Shaw-Lan Wang, the principal investor in Harmonie, could be reached for comment. A Lanvin spokeswoman had no comment.
As reported, L’Oreal sold 100 percent of the French fashion and fragrance house earlier this month to Harmonie, whose investors also include the Young Bros., a Hong Kong-based financial group, and three French partners: the pharmaceutical firm Bio-Merieux-Pierre Fabre, the industrial group Marcel Dassault and the investment and insurance firm AXA.
Harmonie has disclosed few details on its plans for the company, but said its headquarters would remain in Paris.