Lanvin Group Reports 18% Preliminary FY2025 Revenue Decline Amid Strategic Transformation
Summary
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.
Key Events
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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.
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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.
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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.
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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.
Analysis
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.
At the time of this filing, LANV was trading at $1.97 on NYSE in the Manufacturing sector, with a market capitalization of approximately $230.4M. The 52-week trading range was $1.03 to $2.69. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.