The owner of Lanvin, Sergio Rossi and other brands is the first fashion company to list on a US exchange in a year. But the tough economy and investor skepticism about money-losing start-ups is likely to keep others from following suit.
The Shanghai-based company has been busily seeking a turnaround at its portfolio of brands including Lanvin, Wolford, and Sergio Rossi ahead of a planned New York IPO. Amid market turmoil, can the group still achieve a bumper exit?
The fashion group, which owns brands including Lanvin, Sergio Rossi, St. John Knits and Wolford, will be listed on the New York Stock Exchange following a deal with Primavera Capital Acquisition Corporation.
The Chinese firm that owns Lanvin, Sergio Rossi, St. John Knits and Wolford could be eyeing an IPO after recently rebranding as Lanvin Group.
With billions of dollars of merchandise sold by more than one hundred thousand brands, China’s discount-focused shopping festivals are impossible to ignore but difficult to get right. Here are six ways to make them work.