The annual results for the Chinese fashion group Lanvin Group Holdings Limited are marked by a "transitional year" in which the company strategically adjusted its creative direction and operations. The owner of the Lanvin fashion house and the Wolford, Sergio Rossi, St. John, and Caruso brands reports a double-digit revenue decline for fiscal...
28 Feb 2025
Lanvin Group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, generated revenue of 171 million euros, a 20 percent decrease versus the prior year. The company said that the main drivers of revenue decline were global market softness coupled with a struggling wholesale market. The group expects a challenging...
26 Aug 2024
English designer Paul Andrew is the new creative director of Italian shoe brand Sergio Rossi. His debut collection for the brand is the fall 2025 collection, according to a press release from the brand. Andrew is no stranger to the fashion industry. In 2013, he started his eponymous fashion brand. The following year, he won the CFDA/Vogue...
24 Jul 2024
Lanvin Group full year revenue of 426 million euros, increased 1 percent; and gross profit was 251 million euros, representing a 59 percent gross margin, a 250 bps increase versus 2022. Commenting on the full year trading, Zhen Huang, chairman of Lanvin Group, said: "In reviewing our 2023, I thought back to the resiliency we showed during the...
30 Apr 2024
Lanvin Group reported revenues of 426 million euros, a 1 percent increase versus 2022. Commenting on the company’s performance, Eric Chan, CEO of Lanvin Group, said: "2023 was a year full of macroeconomic headwinds and global challenges. A softening second half saw the luxury fashion industry in a position it has not been in, in quite some time....
21 Feb 2024
Evangelie Smyrniotaki, the artistic director of Sergio Rossi, has announced her intention to depart the Italian fashion brand. The designer confirmed the move in a post on Instagram, where she said that her chapter at the label had ended. Her statement continued: “It has been a great pleasure to work alongside the talented team and drive the...
8 Jan 2024
Italian fashion brand Sergio Rossi has announced the appointment of Helen Wright as its new global chief executive officer, a role she succeeds from Paul Kotrba, who had served in the position on an interim basis since April. The news was confirmed by the luxury footwear house in a statement to Fashionnetwork, for which it noted that Wright had...
5 Dec 2023
Luxury fashion group Lanvin has reported widening losses in the first half of the year despite a 6.4 percent increase in revenue. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted a H1 loss of 72.2 million euros compared to a loss of 68.7 million euros the prior year, while its...
30 Aug 2023
Luxury fashion group Lanvin confirmed Thursday it made record sales in 2022, up 37 percent from the prior year. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted sales of 422.3 million euros in its audited results Thursday - that’s compared to sales of 308.9 million euros a year...
20 Apr 2023
Area, the American luxury brand founded by Beckett Fogg and Piotrek Pansczczyk, presented its ‘see-now, buy-now’ spring/summer 2023 collection exploring the beauty and symbolism of fruits during New York Fashion Week. The brand, loved by the likes of Kendall Jenner, Bella Hadid, and Ariana Grande, examined the different stages of fruits, such as...
14 Feb 2023
With no debt and 150 million euros in the black after its New York listing last week, the Lanvin Group said it will open stores to accelerate growth. The Group, which operates Lanvin, Wolford, shoemaker Sergio Rossi and tailoring brand Caruso, may also look to other acquisitions to boost its portfolio and presence, Executive President and...
18 Dec 2022
Two staples of the Lanvin Group are teaming up on a capsule collection, skinwear and hosiery specialists Wolford and luxury footwear label Sergio Rossi. The capsule collection, available from November 16, combines both companies' 70 years of heritage and expertise, explains Wolford in the press release, and embodies the “craftsmanship,...
16 Nov 2022