Lanvin Group Reports 18% Preliminary FY2025 Revenue Decline Amid Strategic Transformation

summarizeSummary

Lanvin Group announced preliminary FY2025 revenues of €240.5 million, a 17.6% decrease year-over-year for continuing operations, as it navigates a challenging luxury market and executes a strategic transformation.

check_boxKey Events

• Preliminary FY2025 Revenue Decline

  Reported preliminary, unaudited FY2025 revenues of €240.5 million from continuing operations, a 17.6% decrease year-over-year, reflecting industry headwinds and strategic restructuring.

• Strategic Transformation Underway

  The Group is advancing strategic transformation and portfolio optimization, including the carve-out of Caruso (announced February 6, 2026), selective store closures, and organizational adjustments, with initiatives expected to largely complete in 2026.

• Mixed Brand Performance

  St. John's revenue in North America grew 8% in local currency, while Lanvin and Sergio Rossi experienced significant 30% declines, and Wolford's performance stabilized with a 14% decline.

• Leadership Strengthened

  New leadership appointments include Marco Pozzo as CEO of Wolford, Barbara Werschine as Deputy CEO of Lanvin, and Mandy West as CEO of St. John.

auto_awesomeAnalysis

Lanvin Group reported a significant 17.6% year-over-year decline in preliminary FY2025 revenues from continuing operations, reflecting a challenging luxury market and ongoing strategic transformation initiatives. While the overall performance is negative, the company noted an improved revenue trend in the second half of 2025 and highlighted 8% growth for its St. John brand in North America. The group is actively optimizing its portfolio, including the recent carve-out of Caruso, and strengthening leadership across its brands. The transformation program is expected to largely conclude in 2026, aiming to improve profitability and long-term growth, but the immediate financial results indicate substantial headwinds.