Lanvin Sells Minority Stake; Claudia Schiffer Wants to Design


Lanvin confirmed it sold a stake to a minority investor, which will help the label grow and add more stand-alone stores. [Vogue UK]

Claudia Schiffer said she wants to launch a line of cashmere clothing or handbags in the future. [WWD]

• Syms founder Sy Syms died of heart failure this week at the age of 83. [WWD]

Karl Lagerfeld shot Baptiste Giabiconi for photos that will be featured in the new Chanel store in Shanghai, which opens November 25. [Design Scene]

Vivienne Westwood on Luella closing: "It’s very sad, but English fashion will survive, and be stronger." [Style File/]

• For her next runway show, Sophie Theallet plans to collaborate with Manolo Blahnik for footwear, which will then be sold in stores. [WWD]