Lanvin Voices ‘Astonishment’ at Press Reports

Trying to quell the swell of press reports swirling about the future of Lanvin, the house on Friday afternoon released a statement from “general management” reserving the right to “act in defense of its interests,” while acknowledging that it is “going through a difficult time but has no debts.”
“The Lanvin House reports its astonishment about the relentlessness of some of the media against her, and this for months,” it said. “Today, articles have been published in which one reports, all too often, on the basis of noises and not of certain facts. This deeply hurts the company as well as its employees.
“The House…has always paid its employees and suppliers, and is working actively and optimistically on its future,” it said.
One story on Friday by Reuters quoted Lanvin’s managing director Nicolas Druz saying alternative “sustained financial and industrial solutions that do not involve capital increases will be found by the end of March.”
A Lanvin spokeswoman could not immediately be reached for comment.
WWD reported earlier this week that there has not yet been any cash injection that was pledged by Lanvin’s owner, Taiwanese media magnate Shaw-Lan Wang. Last month, the executive said she would inject funds into the beleaguered company to “support

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Source: Women’s Wear Daily
Lanvin Voices ‘Astonishment’ at Press Reports

Lanvin Voices ‘Astonishment’ at Press Reports

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