Lanvin Group continues to struggle with declining sales and profitability in 2025. The Chinese luxury conglomerate, listed on the New York Stock Exchange and formerly known as Fosun Fashion Group, owns brands including Wolford , Sergio Rossi , St. John, and Caruso. For the first half of 2025, the Group reported revenue of €133 million, representing a 22% year-over-year decline. Its namesake label, Lanvin, experienced a dramatic sales collapse of over 40%. Gross profit also declined by 26.8%, falling to €71.9 million, while gross operating losses deepened.

The downturn, according to Group management, reflects ongoing weakness in the global luxury market, compounded by “lower wholesale sales in the EMEA region” and the Group’s strategic pivot toward direct-to-consumer sales, which drop

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