Jean-Philippe Hecquet has left his position as CEO of Lanvin in a major management overhaul of the brand, which happens to be the oldest haute couture house in Paris. The decision is effective immediately.
Few groups have excited as much attention in luxury in the past few years as Fosun, a giant Chinese conglomerate that has gradually built up a significant position as a player in fashion and elegance in Europe.
Violaine Gressier is in charge of the relationship with the luxury industry at Facebook France. In this new podcast, in French, she gives her views on the relationship between luxury labels and social media.
Following its recent acquisition of an increased stake in Tom Tailor, the Chinese firm has presented a takeover bid for the struggling German apparel company, making an offer below the group's current market value.
Lanvin has held initial talks with Haider Ackermann in recent weeks as its new Chinese owners search for a creative director. However, it remains unclear whether Fosun International will hire him, sources have said.
Lanvin's new owner, Chinese conglomerate Fosun, has announced that it has finalised its acquisition of a majority stake in luxury underwear label Wolford, becoming the brand's owner with 51% of its shares.
China's Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped development will become an icon in Hainan and a beacon to tourists domestic and abroad.