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Business|UPDATE

Valentino says IPO is 'not on the table' for 2017

London - Valentino reiterated that an initial public offering (IPO) would not be occurring anytime this year, despite a solid increase in its profits and sales in 2016. "An IPO in 2017 is not on the table and we’ll see what happens in 2018," said chief executive officer Stefano Sassi to WWD. "We’ve shelved it because of market conditions. If...

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Business

​Lavin rumoured to be in talks with Mayhoola Group

London - It seems as if Shaw-Lan Wang, the majority shareholder of fashion house Lanvin, is seeking to deft rumours that she was unwilling to find a potential investor to inject fresh capital into the brand as Mrs Wang is said to be in talks with Qatari investor Mayhoola Group. The group, which is currently the owner of luxury brands Valentino,...

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