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Designer Lanvin in Talks with Mideast Investor-WWD - ASHARQ AL-AWSAT English Archive
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NEW YORK,(Reuters) – 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.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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