Fosun

Caruso 

Business Features

Fosun Fashion Group Further Commits to Caruso’s Post-pandemic Growth

Fosun Fashion Group, China’s owner of Lanvin and Sergio Rossi, buys back Caruso’s financial debts and injects new capital to support growth.

clock July 29, 2021Martino Carrera

Sergio Rossi factory

Mergers and Acquisitions

EXCLUSIVE: Lanvin’s Chinese Parent Is the New Owner of Sergio Rossi

Fosun Fashion Group acquired 100 percent of the luxury shoemaker from European investment house Investindustrial.

clock June 10, 2021Miles Socha

Paris Hilton starring in Lavin spring 2021 campaign. Fosun is the owner of Lanvin.

Mergers and Acquisitions

China’s Own Mega League: Fosun Fashion Group Ties With Baozun and Activation

Fosun’s unprecedented alliance in China is also a sign of further consolidation in the luxury sector that’s been accelerated by COVID-19.

clock April 28, 2021Tianwei Zhang

Backstage at Lanvin RTW Fall 2020

Human Resources

EXCLUSIVE: Lanvin Sets New Management

Versace executive Arnaud Bazin is the new deputy general manager, alongside Grace Zhao for Asia-Pacific.

clock September 7, 2020Miles Socha

Joann Cheng, chairwoman of Fosun Fashion Group.

Business Features

Fosun’s Joann Cheng on Adapting to the Post-COVID-19 Era

The executive talks about getting creative to spur spending from Chinese shoppers ready for a return to normalcy.

clock May 21, 2020Tiffany Ap

Djula founder Alexandre Corrot

Jewelry

Fosun’s Jewelry Unit Yuyuan to Buy Majority Stake in Djula

Yuyuan plans to expand the label in China and open 15 stores over the next 12 months in key cities there.

clock March 27, 2020Mimosa Spencer

Backstage at Lanvin RTW Fall 2020

Human Resources

Lanvin CEO Jean-Philippe Hecquet to Exit French House

Hecquet is leaving after 18 months on the job, and will be replaced temporarily by Joann Cheng.

clock March 17, 2020Samantha Conti

A look from the Lanvin 130th Anniversary capsule.

Business Features

Chinese Investors Will Persist in Purchasing Fashion, Luxury Brands

Despite failures, with the speed of China, it won’t be long for a luxury conglomerate to emerge from the world’s largest luxury market.

clock January 6, 2020Tianwei Zhang

Chinese Yuan Or Renminbi (rmb) Notes in Beijing China 29 December 2015 China's Currency Fell to Its Weakest in More Than Four and a Half Years on 29 December 2015 the Yuan Also Known As the Renminbi Dropped 114 Basis Points to 6 4864 Against the Us Dollar on 29 December Its Weakest Since June 2011 According to Data From the China Foreign Exchange Trading System China BeijingChina Currency - Dec 2015

Financial

Trade War Fallout: Would-be Chinese Buyers for U.S. Brands

Chinese foreign direct investment into the U.S. has plunged 90 percent since its peak in 2016.

clock June 17, 2019Kathryn Hopkins

A look from BCBG Max Azria.

Markets

Marquee Brands Teams With Fosun to Enter Chinese Market

The company expects its Ben Sherman, Bruno Magli, BCBG Max Azria and Dakine brands to be offered in the market by 2020.

clock May 29, 2019Jean E. Palmieri

La Perla Bridal Spring 2020

Financial

La Perla Approves Capital Increase

The lingerie firm will increase its capital by 23 million euros.

clock May 14, 2019Martino Carrera

Lucas Ossendrijver at the Lanvin Spring 2019 show.

Mens Designer Luxury

Lucas Ossendrijver Exits Lanvin

The house is said to have settled on Loewe’s Bruno Sialelli as its new creative leader.

clock November 14, 2018Katya Foreman

Lanvin RTW Fall 2018

Business Features

China’s Tighter Rules on Foreign Investments May Affect Fashion Brands

While fashion has been less affected than other sectors, the Chinese government’s tighter rules may be slowing down the development of some labels.

clock October 30, 2018Luisa Zargani and Tiffany Ap

Backstage at Lanvin RTW Fall 2018

Fashion Features

Lanvin Appoints Jean-Philippe Hecquet CEO

Finding a new business leader at Lanvin has been key for Fosun International, which acquired the house in February.

clock August 28, 2018Katya Foreman

Wolford's new store interior.

Financial

It’s Official: Fosun Completes Deal to Buy Majority Stake in Wolford

Wolford said it hopes to accelerate expansion plans using the fresh injection of capital from Fosun.

clock May 4, 2018Samantha Conti

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From Cult Beauty's homepage.

Beauty

The Hut Group Acquiring Cult Beauty as Pure Players See Massive Growth

clock 20hSamantha Conti

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