Lanvin Group Advances Strategic Transformation and Portfolio Optimization Amid Challenging Luxury Market

Rhea-AI Summary

Lanvin Group (NYSE: LANV) reported preliminary, unaudited FY2025 continuing revenues of €240.5 million, down ~17.6% year‑over‑year, excluding the Caruso carve-out. Revenue decline narrowed in H2 2025 as transformation actions progressed. The Group expects to largely complete its transformation program in 2026.

Key moves include the strategic carve-out of Caruso, selective store closures, organizational changes and several senior appointments to strengthen brand leadership.

Positive

• H2 revenue trend improved sequentially, showing early benefits from transformation
• Caruso carve-out completed Feb 6, 2026, allowing focus on core luxury brands
• St. John North America revenue +8% in local currency, showing market resilience
• Leadership strengthened with CEO/Deputy CEO appointments across portfolio
• Transformation completion expected largely in 2026, targeting improved profitability

Negative

• Total revenue down ~17.6% YoY to €240.5 million (continuing operations)
• Lanvin revenue declined 30% YoY to €57.6 million
• Sergio Rossi revenue declined 30% YoY to €29.5 million
• Greater China revenue fell 42% YoY to €19.5 million
• DTC/eCommerce channel revenue down 18% YoY to €164.0 million

News Market Reaction – LANV

-1.52%

3 alerts

-1.52% News Effect

-5.7% Trough Tracked

-$3M Valuation Impact

$214M Market Cap

0.6x Rel. Volume

On the day this news was published, LANV declined 1.52%, reflecting a mild negative market reaction. Argus tracked a trough of -5.7% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $3M from the company's valuation, bringing the market cap to $214M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

FY2025 revenue: €240.5 million Total Group revenue 2025: €240,498k Lanvin brand revenue 2025: €57,627k +5 more

8 metrics

FY2025 revenue €240.5 million Preliminary, continuing operations; down 17.6% year-over-year

Total Group revenue 2025 €240,498k Versus €291,864k in 2024; -18% year-over-year

Lanvin brand revenue 2025 €57,627k Versus €82,720k in 2024; -30% year-over-year

Wolford revenue 2025 €75,586k Versus €87,891k in 2024; -14% year-over-year

St. John revenue 2025 €78,238k Versus €79,267k in 2024; -1% year-over-year

EMEA revenue 2025 €90,529k Versus €114,667k in 2024; -21% year-over-year

North America revenue 2025 €116,048k Versus €123,786k in 2024; -6% year-over-year

Greater China revenue 2025 €19,487k Versus €33,882k in 2024; -42% year-over-year

Market Reality Check

Price: $1.78 Vol: Volume 214,017 is 1.37x t...

normal vol

$1.78 Last Close

Volume Volume 214,017 is 1.37x the 20-day average of 156,118, indicating elevated trading interest into the revenue update. normal

Technical Shares at $1.97 are 26.77% below the 52-week high of $2.69 and trading below the 200-day MA of $2.02.

Peers on Argus

LANV fell 6.19% while key luxury peers were mixed: BGI up 5.79%, BRLT up 0.79%, ...

1 Up 1 Down

LANV fell 6.19% while key luxury peers were mixed: BGI up 5.79%, BRLT up 0.79%, MOV up 0.81%, ELA down 1.31%, REAL down 0.20%. Momentum scanner shows REAL up 2.04% and MOV down 1.90%, underscoring stock-specific pressure on LANV rather than a broad luxury selloff.

Historical Context

5 past events · Latest: Mar 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 12	St John CEO change	Positive	+11.6%	Internal promotion of Mandy West to CEO of St John Knits.
Feb 27	Wolford CEO appointment	Positive	+0.6%	Marco Pozzo named CEO and Chairman to advance restructuring.
Feb 06	Caruso carve-out	Neutral	-7.3%	Sale of Caruso to refocus on core heartland brands.
Nov 20	AGM announcement	Neutral	+1.0%	Notice of virtual AGM and availability of Form 20-F.
Oct 24	New CFO appointment	Positive	+2.3%	Appointment of Jiyang Han as CFO with broad finance remit.

Pattern Detected

Recent corporate and portfolio actions have mostly seen modest positive price alignment, with the Caruso carve-out as a notable negative divergence.

Recent Company History

Over the past six months, Lanvin Group has focused on management changes, portfolio reshaping, and governance. Key steps included the Caruso carve-out on Feb 6, 2026 (stock fell 7.28%), new leadership at Wolford and St John, and a new CFO appointment on Oct 24, 2025. Most leadership and governance updates saw small positive reactions, suggesting investors have generally welcomed execution and oversight changes as the group navigates its transformation.

Market Pulse Summary

This announcement highlights Lanvin Group’s FY2025 revenue of €240.5 million, down 17.6%, alongside ...

Analysis

This announcement highlights Lanvin Group’s FY2025 revenue of €240.5 million, down 17.6%, alongside active portfolio optimization and leadership changes. Brand and regional breakdowns show particular pressure at Lanvin and in Greater China, while North America and St. John were more resilient. Investors may focus on how quickly cost measures, asset-light initiatives, and brand repositioning can stabilize revenues and margins, and on future filings that detail profitability and cash dynamics.

Key Terms

asset-light

1 terms

asset-light financial

"selectively explore opportunities to expand asset-light business initiatives and strategic partnerships"

A business described as "asset-light" relies on few owned physical assets—such as factories, real estate, or heavy equipment—and instead uses partners, contractors, or lease arrangements to deliver products or services. For investors, this model can mean lower upfront investment, faster scaling and often higher profit margins, but it also increases dependence on outside providers and can create less predictable costs and supply risks—like renting tools instead of owning them.

AI-generated analysis. Not financial advice.

• Preliminary FY2025 revenue of €240.5 million, down 17.6% year-over-year, reflecting industry headwinds and the Group's proactive transformation and restructuring initiatives. Figures exclude Caruso following its strategic carve-out announced on February 6, 2026⁽¹⁾.
• Revenue trends improved in H2 2025, with the decline narrowing significantly compared to H1, reflecting early progress from operational adjustments and brand initiatives.
• St. John's revenue in North America grew 8% in local currency, demonstrating the effectiveness of its strategy of focusing on its home market. Wolford's performance stabilized, supported by improved product supply and strong H2 momentum in e-commerce and wholesale while Lanvin advanced its creative repositioning under Artistic Director Peter Copping.
• Strategic portfolio and retail optimization initiatives continued, including the selective closure of underperforming stores, organizational adjustments at key brands, and the successful carve-out of Caruso, enabling the Group to concentrate on its core luxury brands.
• Leadership strengthened across the portfolio, with Marco Pozzo appointed CEO of Wolford, Barbara Werschine Deputy CEO of Lanvin, and Mandy West CEO of St. John.
• Transformation initiatives progressed across the Group and are expected to be largely completed in 2026, strengthening the foundation for improved profitability and long-term growth.

SHANGHAI, March 17, 2026 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi and St. John in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2025. Despite a challenging global luxury market in 2025, Lanvin Group continued advancing its strategic transformation and portfolio optimization initiatives while strengthening the foundations of its core brands. Excluding the divested Caruso business, revenues from continuing operations totaled €240.5 million, representing an 17.6% decrease year-over-year, reflecting both ongoing market volatility and the impact of its strategic initiatives aimed at enhancing operational efficiency and long-term brand positioning.

Review of the Full-Year 2025 Preliminary, Unaudited Revenues

Lanvin Group Revenue by Brand
(Euros in Thousands)						2025A		2024A		2025A vs. 2024A
						Preliminary		Audited		Growth %
Lanvin						57,627		82,720		-30 %
Wolford						75,586		87,891		-14 %
St. John						78,238		79,267		-1 %
Sergio Rossi						29,535		41,910		-30 %
Eliminations & Others						-488		76
	Total Group					240,498		291,864		-18 %

The Group navigated a challenging market environment in FY2025: Amid continued volatility in the global luxury market in 2025, Lanvin Group advanced a series of strategic initiatives aimed at strengthening its long-term positioning and improving operational efficiency. Excluding the Caruso business⁽¹⁾, the Group reported preliminary revenues of €240.5 million, representing an 17.6% decrease year-over-year. While the overall performance reflected ongoing industry headwinds and softer consumer demand in certain markets, the Group made meaningful progress in executing its transformation initiatives, including cost discipline measures, retail network optimization, and organizational adjustments across its brand portfolio. Revenue trends improved sequentially in the second half of the year, reflecting early benefits from these actions.

Brand portfolio evolution amid operational adjustments: Across the Group's maisons, 2025 was characterized by continued operational refinement and brand development initiatives. Lanvin advanced its creative renewal following the debut collection of Artistic Director Peter Copping, which received strong industry recognition and supported encouraging order momentum in womenswear. Wolford's operational performance stabilized during the year as production and logistics conditions improved, with notable progress in wholesale and e-commerce channels. St. John demonstrated strong resilience in the North American market, supported by its established customer base and product offering. Sergio Rossi continued its transition toward an asset-light operational model during the year, including steps to enhance supply chain flexibility through adjustments to its manufacturing structure. At the Group level, the completion of the Caruso divestment represents an important step in the ongoing portfolio review process, enabling greater focus on the Group's core luxury brands.

Regional dynamics reflected shifting market conditions: Regional performance in 2025 continued to reflect varying consumer sentiment across global luxury markets. North America remained comparatively stable, supported by consistent demand and established brand recognition. In contrast, EMEA and Greater China experienced softer conditions during the year, reflecting cautious wholesale purchasing patterns and evolving consumer spending trends in the luxury sector. In response, the Group continued to refine its commercial strategies across regions while prioritizing operational efficiency and brand development initiatives tailored to local market dynamics.

2026 Outlook

Looking ahead, Lanvin Group remains focused on executing its ongoing transformation initiatives while continuing to strengthen the foundations of its key brand portfolio. In 2026, the Group expects to largely complete its current transformation program.

The Group's brands will continue to deepen their presence and leadership in their respective home markets, leveraging local insights and consumer connections to drive sustainable growth. In parallel, Lanvin Group will selectively explore opportunities to expand asset-light business initiatives and strategic partnerships that support brand development and enhance long-term growth. Combined with continued creative renewal across its brands and a streamlined operating structure, these efforts aim to reinforce the Group's positioning within the evolving global luxury landscape.

Note: All % changes are calculated on an actual currency exchange rate basis.

(1) On February 6, 2026, Lanvin Group announced the strategic carve-out of Caruso.           As of the date of this press release, Caruso is no longer part of the Company's           consolidated group. Revenue figures for all periods presented exclude Caruso and           reflect continuing operations only. Please refer to the Company's forthcoming 2025           Annual Report for additional details.

To receive email alerts of the timing of future financial news releases, as well as future announcements, please register at https://ir.lanvin-group.com.

Appendix

Lanvin Group Revenue by Brand:
(Euros in Thousands)						2025A		2024A		2025A vs. 2024A
						Preliminary		Audited		Growth %
Lanvin						57,627		82,720		-30 %
Wolford						75,586		87,891		-14 %
St. John						78,238		79,267		-1 %
Sergio Rossi						29,535		41,910		-30 %
Eliminations & Others						-488		76
	Total Group					240,498		291,864		-18 %
Lanvin Group Revenue by Geography:
(Euros in Thousands)						2025A		2024A		2025A vs. 2024A
						Preliminary		Audited		Growth %
EMEA						90,529		114,667		-21 %
North America						116,048		123,786		-6 %
Greater China						19,487		33,882		-42 %
Other						14,434		19,529		-26 %
Total						240,498		291,864		-18 %
Lanvin Group Revenue by Channel:
(Euros in Thousands)						2025A		2024A		2025A vs. 2024A
						Preliminary		Audited		Growth %
DTC/eCommerce						164,049		200,752		-18 %
Wholesale						66,670		78,898		-15 %
Other						9,779		12,214		-20 %
Total						240,498		291,864		-18 %

About Lanvin Group

Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China and Milan, Italy, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi and St. John Knits. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an understanding and access to the fastest-growing luxury fashion markets in the world. The shares of Lanvin Group are listed on the New York Stock Exchange under the ticker symbol 'LANV'.

For more information about Lanvin Group, please visit http://www.lanvin-group.com, and to view our investor presentation, please visit www.lanvin-group.com/investor-relation/.

Disclaimer

The full-year 2025 revenues are preliminary and unaudited. Revenue figures presented reflect continuing operations and exclude Caruso following its carve-out announced on February 6, 2026. Prior periods have been presented on a comparable basis. The audit of the Group's financial statements will be finalized at the time of the Group's 2025 consolidated financial statements. These unaudited financial data are not a comprehensive statement of the Group's financial results for the year ended December 31, 2025 and should not be viewed as a substitute for the Group's full annual financial statements prepared in accordance with IFRS. These preliminary unaudited financial results are subject to revision in connection with the Group's financial closing procedures, including the review of such financial results by the Group's audit committee, and finalization and audit of the Group's consolidated financial statements for the year ended December 31, 2025. During the preparation of the Group's consolidated financial statements and related notes and the completion of the audit for the year ended December 31, 2025, additional adjustments to the preliminary estimated financial results presented above may be identified. Actual results for the period reported may differ from these preliminary results.

Forward-Looking Statements

This communication, including the section "2026 Outlook", contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," "project" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, Lanvin Group's ability to timely complete its financial closing procedures and finalize its consolidated financial statements for fiscal year 2025; changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group's projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic on Lanvin Group's business; Lanvin Group's ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group's ability to successfully implement its business strategies and plans; Lanvin Group's ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group's distribution facilities or its distribution partners; Lanvin Group's ability to negotiate, maintain or renew its license agreements; Lanvin Group's ability to protect its intellectual property rights; Lanvin Group's ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group's ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group's expectations, plans, or forecasts of future events and views as of the date of this communication. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group's assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group's assessments of any date subsequent to the date of this communication. Accordingly, reliance should not be placed upon the forward-looking statements.

Enquiries:

Media
Lanvin Group
Winni Ren
winni.ren@lanvin-group.com 

Investors
Lanvin Group
Coco Wang
coco.wang@lanvin-group.com 

 

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SOURCE LANVIN GROUP

FAQ

What did Lanvin Group (LANV) report for full-year 2025 revenue on March 17, 2026?

Lanvin Group reported preliminary FY2025 continuing revenues of €240.5 million, down about 17.6% year-over-year. According to the company, figures exclude the Caruso carve-out and reflect softer demand and transformation-related actions during 2025.

How did Lanvin Group's brands perform individually in FY2025 for LANV?

Lanvin and Sergio Rossi each fell roughly 30% YoY, Wolford declined ~14%, and St. John was down ~1%. According to the company, these figures exclude Caruso and reflect brand-specific operational adjustments and market conditions.

What regional revenue trends did Lanvin Group (LANV) report for 2025?

North America was relatively stable with -6%, while Greater China dropped 42% and EMEA fell 21%. According to the company, regional differences reflect shifting consumer sentiment and wholesale purchasing patterns.

What strategic actions did Lanvin Group (LANV) take amid the 2025 revenue decline?

The Group executed a Caruso carve-out, selective store closures, cost discipline and organizational changes. According to the company, these steps aim to streamline the portfolio and focus resources on core luxury brands to improve long-term profitability.

When does Lanvin Group (LANV) expect its transformation program to finish and what is the impact?

The Group expects to largely complete its current transformation program in 2026. According to the company, completion is intended to strengthen foundations for improved profitability and longer-term growth across its core brands.