Lanvin Group reported FY2025 revenue of €240 million, down 18% year-on-year, as challenging conditions in the global luxury market and the group's ongoing transformation programme weighed on sales.
However, the company said trading improved in the second half of the year as operational and retail optimisation measures began to take effect.
Despite lower revenue, Lanvin Group said contribution profit and adjusted EBITDA improved year-on-year, reflecting tighter cost control and a more focused operating model. Direct-to-consumer sales remained its largest channel, accounting for 68% of revenue, while the group continued to streamline its retail network through selective store closures and the carve-out of Caruso to focus on its core luxury brands.
By brand, Lanvin and Sergio Rossi both recorded revenue declines of 30% to €58 million and €30 million respectively, while Wolford’s revenue fell 14% to €76 million and St. John reported a comparatively modest 1% decrease to €78 million.
Chairman Zhen Huang said 2025 was a year of “disciplined execution and strategic progress”, adding that the company remained encouraged by the stronger momentum seen in the second half and was confident its transformation would support sustainable long-term growth.
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