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Fosun International Limited (Stock Code: 00656.HK) today announces to acquire 100 percent of the shares in Tom Tailor GmbH, together with its subsidiary companies. This enables the fashion brand, with around 3,400 employees, to achieve long-term business…
Chinese conglomerate Fosun is looking to sell a stake in its luxury fashion business, which includes Lanvin. According to a report by Bloomberg, an investor is being sought for the Fosun Fashion unit to help revamp and grow the business. Fosun’s fashion…
Hong Kong-listed Chinese trading group Fosun has launched Fosun Fashion Brand Management Company (FFBM) to serve brands with ambitions to expand in the Greater China market. The new firm is offering full brand management services, covering retail and…
Hong Kong-listed Chinese trading group Fosun has launched a Tom Tailor takeover bid. Fosun has long held a cornerstone stake in the German-listed fashion retailer, which has several thousand stores, franchises and shops-in-shops around the world, trading…
Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences. Fresh from its Hong Kong initial public offering last month, Fosun Tourism Group is making good on its intention to use the…
After negotiations with Chinese conglomerate Fosun International faltered, Italian luxury lingerie label La Perla has a new owner, Amsterdam-based investment company Sapinda Holding. Two months ago, La Perla announced it had entered into exclusive…
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