Fosun said to seek investors for luxury fashion business

A company logo of Fosun International is seen during the annual general meeting of the Chinese conglomerate, founded by billionaire Guo Guangchang, in Hong Kong, China May 28, 2015. REUTERS/Bobby Yip

Fosun International Ltd., the Chinese retail-to-drugs conglomerate backed by billionaire Guo Guangchang, is seeking to sell a stake in its fashion unit to outside investors as part of plans to revamp the business, people with knowledge of the matter said.

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