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Ralph Bartel Raises Stake in Lanvin
PARIS
-- Lanvin recently realized a capital increase of 17.5 million euros, or $23.2 million at current exchange, as entrepreneur Ralph Bartel increased his stake in the fast-growing fashion house to 25 percent from 12.5 percent.
The transaction was detailed in documents filed with the commercial court here last week and obtained by WWD. The funds were deposited at the private bank Neuflize OBC. The capital increase resulted in the issuance of 150,191 new shares.
Bartel isn't named in the documents, but sources said he exercised his option to...