French fashion house Lanvin may sell a stake of itself to a Middle Eastern investor, according to a report on Wednesday.Citing market sources, Women’s Wear Daily reported that Lanvin owner Shaw-Lan Wang had been in talks to sell a portion of the brand to an investment vehicle linked to Qatar’s ruling family.
One industry source declined to name the investment entity and noted that a deal was not certain, the paper said.
Lanvin officials in Paris were not immediately available. (Reuters)
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