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.
The luxury group has appointed Catherine Fulconis, in charge of leather goods and saddlery, to sit on the executive committee, and broadened the remit of Wilfried Guerrand, who leads the women's business.
If at first you don’t succeed try again. Lanvin introduced its fourth designer in as many years this morning in Paris. And its latest pick, Bruno Sialelli, made a sensational debut for France’s oldest couture house.