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Lanvin Is Going Public in Luxury Market Approaching $430 Billion

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The Lanvin Group is planning to go public in a trendy financial maneuver. Formerly known as Fosun Fashion Group, the luxury fashion company has agreed to join forces with Primavera Capital Acquisition Corp. (PCAC), a SPAC, or special purpose acquisition company, that offers an alternative to the traditional IPO, or initial public offering. The merger will…

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