Lanvin HY revenues decline 20% amid global luxury slowdown
The group's Adjusted EBITDA decreased from โฌ41m (ยฃ34.6m) to a โฌ42m (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 โฌ171m (ยฃ144.5m) in H1 2024.