Founded in 1889, Lanvin is one of France's last
major independent fashion labels in an industry dominated by
multi-brand groups such as LVMH and Kering.
It has been in turmoil since the shock sacking in 2015 of
previous designer Alber Elbaz after a boardroom dispute and
faces a deepening crisis amid slumping sales.
Olivier Lapidus, 59, is himself the son of the late, well-known
French couturier Ted Lapidus.
(Reporting by Pascale Denis; Writing by Sudip Kar-Gupta; Editing
by Dominique Vidalon)
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