In fiscal year 2024, Caruso recorded revenue of EUR 37 million, down 7% year-on-year.
Lanvin Global luxury fashion group Lanvin Group has ann […]
Lanvin Group Global fashion and luxury conglomerate Lan […]
Dunhill British luxury brand Dunhill, owned by Swiss lu […]
Adjusted EBITDA loss widened to €52 million (approximately USD 56.5 million).
Lanvin Group The global fashion and luxury group Lanvin […]
The global luxury market remains sluggish, with significant revenue impacts in the EMEA region and the Greater China region, while the Lanvin brand achieved a strong 9% growth in the Asia-Pacific region outside of Greater China.
Lanvin Group CEO Eric Chan and Sergio Rossi Global CEO Helen Wright recently gave an exclusive interview to Luxeplace.com.
Despite a weaker market environment in the second half of 2023, Lanvin Group, in a year of transformation, achieved overall growth: sales for the full year 2023 increased by 1% year-on-year.
During the period, the Greater China region exhibited robust growth of 13.9%. The group anticipates achieving the transformation of EBITDA from loss to profit as scheduled in 2024 after adjustments.