China’s Fosun International and Qatar’s Mayhoola, which owns Valentino and Balmain, are competing to inject capital into Lanvin and buy control as France’s oldest fashion house looks set to run out of cash as early as...
Italian fashion house Valentino aims to sell around a quarter of the company in an initial public offering (IPO) which will not take place before the second half of 2018, a source close to the matter said.
The retail environment may be tough but Dr Martens seems to be prospering with it saying Monday that revenue soared 25% to just over £290m in the year to March. Underlying profit rose an even bigger 27% to £37.5m.
The iconic footwear brand will open its third store in France, setting up shop in the Quatre Temps building in La Défense, a business area outside Paris' city centre. Covering 90 square metres, it opens November 10.