Lanvin Group Sells Caruso to MondeVita Italy S.r.l. for Strategic Focus on Heartland Brands.

Lanvin Group has sold Caruso, a luxury Italian menswear manufacturer and brand, to MondeVita Italy S.r.l., a subsidiary of Mondevo Group. The transaction reflects Lanvin's commitment to focus on sustainable development of core brands. Mondevo Group aims to consolidate and elevate exceptional heritage brands across premium beverages, luxury goods, hospitality, and wellness. The deal marks a defining moment in MondeVita's build-up as a dedicated lifestyle and luxury division.