Lanvin Finds New Investor DESIGNER, FINANCIAL, MAIN 11.27.09Written By Ben

After many years of searching for an investor, it looks like Lanvin has found one. At the time Lanvin has not revealed who it is.

“The Lanvin group has received an injection of capital from an investor with a long term perspective, through its parent company Arpege SAS.” Sources estimate that the money injection may be about $161 million dollars.

This is very encouraging considering the fact that designer Alber Elbaz has done many phenomenal collections that have been a runway hit for Lanvin.

Source: WFD