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Lanvin Group Reports 23% Revenue Decline in 2024 Amid Strategic Realignment

Story Highlights
  • Lanvin Group reported a 23% revenue decline in 2024, reflecting strategic realignment.
  • The Group aims for growth in 2025 with a strengthened leadership and creative renewal.
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Lanvin Group Reports 23% Revenue Decline in 2024 Amid Strategic Realignment

Lanvin Group Holdings ( (LANV) ) has provided an update.

In February 2025, Lanvin Group announced its preliminary unaudited revenues for the full year 2024, reporting a 23% decrease to €328 million compared to 2023. This decline reflects a transitional year marked by strategic realignment and creative evolution amidst market headwinds. Despite the overall revenue drop, brands like St. John and Caruso showed resilience, while others like Lanvin and Sergio Rossi are undergoing creative renewal. The Group is positioning 2025 as a cornerstone for future development with a strengthened leadership team and bold creative visions, aiming to reinvigorate its portfolio and drive long-term success in the luxury fashion industry.

More about Lanvin Group Holdings

Lanvin Group Holdings Limited is a global luxury fashion group headquartered in Shanghai, China, with a portfolio that includes brands such as Lanvin, Wolford, St. John, Sergio Rossi, and Caruso. The company operates in the luxury fashion industry, focusing on creative renewal and operational agility to adapt to the evolving market landscape.

YTD Price Performance: -5.03%

Average Trading Volume: 85,780

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $274.1M

Learn more about LANV stock on TipRanks’ Stock Analysis page.

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