Tuesday, 24 November 2009

Lanvin Lures A Mystery Minority Investor – 24/11/09

After a lengthy search for a financial partner, French fashion house Lanvin has found a minority investor to take a 12.5 percent stake, according to Reuters.

Lanvin said in a statement last week that the operation had been carried out through a capital increase. The identity of the investor was not revealed.

The luxury brand, best known for its intricate trimmings and embroideries, said the move would help its long-term plans for global expansion.

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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au