Lanvin could still attract interest from Mayhoola – report (translated)
30 JAN 2017
Lanvin, the French fashion house, could still attract interest from the Qatar financial group Mayhoola Investments, according to the Italian newspaper CorrierEconomia. The unsourced report said that Mayhoola already owns the two fashion firms Valentino and Balmain and it is interested in creating a luxury group. The acquisition of Lanvin could be strategic, noted the item.
Lanvin had been flagged up for sale in 2015 with several bidders being interested including Mayhoola for Investments SPC, Kering, and LVMH Moët Hennessy Louis Vuitton, as well as Chinese companies.
Lanvin has revenues of EUR 262m, as previously reported