The transaction reflects Lanvin Group’s commitment to focus on the sustainable development of heartland brands. For Mondevo Group, the acquisition marks a defining moment in the build-up of MondeVita, its dedicated lifestyle and luxury division, focused on consolidating and elevating exceptional heritage brands across premium beverages, luxury goods, hospitality, and wellness.
Lanvin Group has finalised the sale of luxury Italian menswear label Caruso to MondeVita Italy, part of Mondevo Group.
The divestment aligns with Lanvin’s plan to concentrate on strengthening its core brands, while Mondevo will use the acquisition to expand its MondeVita lifestyle and luxury platform built around heritage-driven premium businesses.
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Fibre2Fashion News Desk (RM)