Fosun International Limited has closed the purchase agreement to acquire 100 percent of the shares in Tom Tailor GmbH on 17th September.…
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Damiani Group signs JV with Fosun’s jewelry unit Yuyuan
The company incorporated in China will distribute in Mainland China and Macau two of the Damiani Group’s brands.…
Fosun appoints non-executive director
The board of directors of Fosun International Limited announces appointment of non-executive director and change of the composition of the Board committees.…
theAsianparent raises double digit millions
theAsianparent, Southeast Asia’s largest community and content platform for mums, has successfully raised double digit millions in an oversubscribed Series C funding round.…
Marquee Brands inks multi-brand deal with Fosun in China
New York brand management company Marquee Brands announced its decision to form a multi-brand distribution deal with Fosun Fashion Brand Management (FFBM).…
Fosun International appoints new CGO and CFO
Fosun International Limited announces that Mr. Wang Can has been appointed as Chief Growth Officer of the Company and ceases to be Chief Financial Officer of the Company. Mr. Xue Linnan has been appo…
Fosun’s new integrated resort in China
Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences.…
Fosun International hits $1bn in net profit
The Chinese investment firm said net profit increased 17% over the last six months, which was slower than previous years, however, with a 33.6% uptick recorded for the first half of 2017.…
Fosun completes Wolford sale
Fosun International has completed its majority stake purchase in Wolford, a manufacturer of textiles with a focus on tights, bodysuits, and innerwear.…
Leadership shake-up at Lanvin
Lanvin is parting ways with artistic director Olivier Lapidus, less than a year after his appointment.…