Luxury sector wins respite from EU restriction on lead oxide in crystal
European luxury goods lobbyists have discretely clinked glasses to celebrate the European Commission's recent decision postponing the revision of the REACH regulation on chemicals. Luxury crystal manufacturers would be greatly disadvantaged by any changes to that extensive regulation.
Lanvin shareholders on the hunt for new targets
The Chinese group Fosun, which owns French fashion brand Lanvin, is on a mission to diversify its portfolio.