Consumer Staples Oct 11, 2021 11:51 AM (GMT+8) · EqualOcean
Fosun fashion group announced its name change to "Lanvin group". The new brand image and website of Fulang group will be announced in the coming months. Fulang group welcomes two new strategic investors: Itochu Corporation, a large Japanese trading group, Jiuxing holdings, a high-end shoe developer and manufacturer, and Xizhi capital, a private investment company. As of the latest round of financing, Fulang group has raised about US $300 million, with a post investment valuation of more than US $1 billion.