Lanvin Group Reports 17.6% Revenue Drop Amid Strategic Overhaul
Event summary
- Lanvin Group reported preliminary FY2025 revenue of €240.5 million, down 17.6% YoY, excluding the divested Caruso business.
- Revenue trends improved in H2 2025, with the decline narrowing significantly compared to H1.
- St. John's North American revenue grew 8% in local currency, while Wolford stabilized and Lanvin advanced its creative repositioning.
- The Group completed the carve-out of Caruso and made organizational adjustments across key brands.
The big picture
Lanvin Group's strategic overhaul comes amid a challenging luxury market, with the Group focusing on operational efficiency and brand development. The divestment of Caruso and organizational adjustments aim to streamline operations and concentrate on core luxury brands. The Group's ability to navigate regional market dynamics and complete its transformation will be critical for future performance.
What we're watching
- Brand Revival
- Whether Lanvin's creative repositioning under Peter Copping can drive sustainable growth.
- Regional Dynamics
- The pace at which North America's stability and Greater China's softness will impact the Group's performance.
- Transformation Completion
- How the completion of Lanvin Group's transformation initiatives in 2026 will affect profitability and long-term growth.
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