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Crisis deepening at loss-making French fashion house Lanvin, say sources

Wednesday, June 14, 2017 - 05:50

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Lanvin has been in turmoil since the shock sacking in 2015 of star designer Elbaz after a boardroom dispute.

Paris

THE crisis facing France's oldest fashion brand Lanvin is deepening, with sales slumping, losses set to widen this year and staff worried about a strategy focused on cost cutting, sources with knowledge of the situation told Reuters.

Founded in 1889, Lanvin is one of France's

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