Advertisement
Clothing & Shoes

Lanvin HY revenues decline 20% amid global luxury slowdown

The group's Adjusted EBITDA decreased from โ‚ฌ41m (ยฃ34.6m) to a โ‚ฌ42m (ยฃ35.5m) loss due to effective and timely cost reduction initiatives at the brand level

Lanvin Group, which owns Wolford, Sergio Rossi and Caruso brands, has reported a 20% decline in revenues to โ‚ฌ171m (ยฃ144.5m) in H1 2024.

Check out our free weekly podcast

Back to top button