Lanvin Group has proved it may grow. Now, the posh group is seeking to prove it may hold its own on the underside line.
The corporate, which debuted on the Latest York Stock Exchange in December, posted a 37 percent increase in revenues for 2022, when the highest line tallied 422 million euros and was boosted by the acquisition of Sergio Rossi in July 2021.
On a pro-forma basis, revenues were up 24 percent, with the Lanvin brand leading the best way, growing 64 percent to 119.8 million euros. The remainder of the portfolio also showed gains with Caruso up 25 percent to 30.8 million euros, St. John ahead 17 percent to 85.9 million euros, Wolford up 15 percent to 125.5 million...
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