On December 15, 2022, Lanvin Group Holdings Limited closed the transaction. The company has issued 19,327,225 common shares for gross proceeds of $193,272,250 in the transaction. The transaction included participation from Fosun International Limited for 13,327,225 shares for gross proceeds of $133,272,250, Handsome Corporation for 800,000 shares for gross proceeds of $8,000,000 and 18,569,282 shares to Meritz Securities Co., Ltd. for $50,000,000 and other investors.