LANVNYSEApparel & Other Finishd Prods of Fabrics & Similar MatlUS GAAP · USD

Lanvin Group Holdings Ltd

Lanvin Group Holdings Ltd is a global luxury fashion group headquartered in Shanghai and Milan that manages a portfolio of heritage apparel and footwear brands. Its business spans branded ready-to-wear, accessories, lingerie, shoes, and knitwear sold through wholesale, retail, and other direct channels across international markets.

Revenue240m USD
−26.8 %y/y
Operating profit (EBIT)-232m USD
−48.1 %y/y
EBIT margin-96.3%
−48.7 ppy/y
Net income-263m USD
−59.4 %y/y

Fiscal year 2025 · change from previous year

Development 2022–2025

-400-2000200400600m USD2022: 422 m USD2022: EBIT -225 m USD20222023: 426 m USD2023: EBIT -122 m USD20232024: 329 m USD2024: EBIT -156 m USD20242025: 240 m USD2025: EBIT -232 m USD2025240-232
RevenueOperating profit (EBIT)

Business

Share of revenue
Apparel and ready-to-wear45 %

Branded clothing collections sold under the group's fashion labels.

Footwear and leather goods20 %

Luxury shoes, bags, and related accessories under portfolio brands.

Lingerie and knitwear20 %

Intimate apparel and knitwear products, especially under Wolford.

Accessories and other products10 %

Smaller product lines including accessories and seasonal items.

Brand and licensing-related activity5 %

Brand stewardship, licensing, and other monetization tied to house brands.

Customers

Lanvin Group sells to luxury consumers who buy fashion brands for design, craftsmanship, and brand identity. Its customer base also includes wholesale partners and multi-brand retailers that carry its labels, along with direct-to-consumer shoppers through owned stores and digital channels. Demand is concentrated in premium fashion markets where brand heritage and product positioning matter most.

Luxury consumers

Buy high-end apparel, shoes, and accessories for brand, design, and exclusivity.

Wholesale retailers

Purchase seasonal collections for resale in department and specialty stores.

Direct-to-consumer shoppers

Buy through company-owned boutiques and online channels for full-price brand access.

Brand licensing partners

Use selected brand assets in exchange for fees or royalties.

Strategy

The group’s strategy centers on building global scale across a portfolio of heritage luxury brands while preserving each label’s identity. It focuses on expanding international distribution, strengthening direct channels, and using shared operational capabilities to support brand reach and execution. Access to fast-growing luxury markets is important because premium fashion is heavily influenced by brand desirability, market presence, and channel control.

Global brand expansionMedium term

Broader reach increases the addressable market and supports portfolio scale.

Channel developmentShort term

Direct and controlled distribution helps protect brand positioning and margins.

Operational integrationMedium term

Shared capabilities can improve execution across multiple luxury brands.

Geography

Lanvin Group is organized as an international luxury platform with headquarters in Shanghai and Milan and brands sold worldwide. The business has exposure to Europe, Greater China, North America, and other luxury markets, with geography shaping both sourcing and end-market demand. Its global brand mix makes it dependent on premium consumer spending across multiple regions rather than a single domestic market.

Risks

Lanvin Group faces the usual luxury-fashion risks tied to discretionary spending, brand relevance, and wholesale demand cycles. Because its portfolio spans multiple brands and regions, execution risk is concentrated in inventory planning, channel mix, and maintaining consistent brand equity across markets. The group also carries accounting and valuation sensitivity around intangible assets, impairment, and estimates used in interim reporting.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Brand and fashion-cycle risk1Discretionary demand slowdown2Impairment of non-current assets3Inventory and wholesale execution4Foreign exchange volatility5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Brand and fashion-cycle riskImpact: HighLikelihood: High

    Brand desirability changes quickly in luxury fashion, affecting sell-through and pricing power.

    ExposureLanvinWolfordSergio RossiSt. John Knits
  2. Discretionary demand slowdownImpact: HighLikelihood: Medium

    Luxury apparel and footwear purchases are sensitive to consumer confidence and spending.

    Exposure: Global luxury markets

  3. Impairment of non-current assetsImpact: HighLikelihood: Medium

    Management notes that interim impairment testing is limited, so brand and asset values can change with market conditions.

    ExposureBrandsIntangiblesFixed assets
  4. Inventory and wholesale executionImpact: MediumLikelihood: High

    Seasonal collections and wholesale orders can create markdowns and working-capital pressure if demand misses.

    Exposure: Retail and wholesale channels

  5. Foreign exchange volatilityImpact: MediumLikelihood: High

    International sales, sourcing, and headquarters structure create multi-currency exposure.

    ExposureEuropeChinaNorth America

Accounting

Judgemental items
Impairment of non-current assets

The group notes that full impairment testing is typically performed in annual reporting unless indicators arise.

Impact: Can cause significant write-downs in brand-heavy fashion businesses

Use of estimates and provisions

Management judgment affects reported revenues, expenses, assets, liabilities, and contingent items.

Impact: May change interim results and balance-sheet values

Foreign exchange effects

Multi-currency operations create translation and transaction gains or losses.

Impact: Can add volatility to reported profit or loss

Depreciation and amortization

Retail stores, equipment, and intangible assets carry periodic non-cash charges.

Impact: Affects operating results and adjusted performance measures

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Lanvin Group Holdings Ltd (NYSE) – Apparel & Other Finishd Prods of Fabrics | Financial Analysis – Clarifo