Lanvin could be sold to Mayhoola Investments - reports (translated)
Lanvin, the Taiwanese fashion house, could be sold to Mayhoola Investments, reported the Italian-language MF Fashion quoting unnamed sources. Carlo Festa blog also carried a similar report.
Lanvin had previously been flagged up for sale with several bidders being interested including Mayhoola for Investments SPC, Kering, and LVMH Moët Hennessy Louis Vuitton, as well as Chinese companies.
Mayhoola Investment might have closed the deal, MF Fashion said today. Lanvin has revenues of EUR 262m, as previously reported.
Source MF Fashion, Carlo Festa Blog