French luxurious vogue home Lanvin Group has posted income of €133 million (~$154.3 million) within the first half (H1) of 2025, ended June 30, marking a 22 per cent decline year-on-year, as luxurious markets confronted softer demand in EMEA and Better China. Gross revenue stood at €72 million (~$83.5 million) with a 54 per cent margin, supported by disciplined stock administration. Adjusted EBITDA was -€52 million (~-$60.3 million) versus -€42 million in H1 2024, reflecting margin strain regardless of price optimisation.
Lanvin Group’s H1 2025 income fell 22 per cent to €133 million (~$154.3 million), with gross revenue at €72 million (~$83.5 million).
Lanvin dropped 42 per cent, Wolford 23 per cent, Sergio Rossi 25 per cent, whereas St John held flat and Caruso slipped 11 per cent.
Value cuts, retail optimisation, and new artistic management are set to drive restoration in H2 2025.
Lanvin income dropped 42 per cent throughout a artistic transition, with robust retail in EMEA and a rebound in North America e-commerce forward of Peter Copping’s first assortment. Wolford fell 23 per cent, impacted by logistics transitions, although wholesale grew 14 per cent; a seventy fifth anniversary push is deliberate below deputy CEO Marco Pozzo.
Sergio Rossi’s income fell 25 per cent, however Q2 retail rose 17 per cent and e-commerce 10 per cent; Paul Andrew’s debut assortment is due in H2. St John remained resilient, with flat income, 4 per cent development in North America, and an 11 per cent wholesale improve, sustaining a 69 per cent margin. Caruso declined 11 per cent, although its proprietary model continued development, the corporate stated in a launch.
“Despite a challenging luxury market in the first half, we remained disciplined in cost management and strategic streamlining, responsive to market dynamics, and steadfast in our commitment to unlocking the long-term potential of our brands. With new creative leadership and continued investment in product innovation, we are well positioned to capture opportunities as the market environment improves,” stated Zhen Huang, chairman of Lanvin Group.
Since H1 2023, G&A bills have been lower by 35 per cent at St John, 27 per cent at Wolford, and 25 per cent at Sergio Rossi. Retail community optimisation launched in 2024 continues to ship efficiencies.
St John CEO Andy Lew turned government president of Lanvin Group in January 2025, driving a brand new European headquarter initiative. Wolford and St John bolstered management with senior hires. Peter Copping’s Paris Style Week debut and Paul Andrew’s upcoming Sergio Rossi assortment are anticipated to drive model revitalisation.
The Group expects H2 2025 to stay difficult however sees momentum from new collections, price efficiencies, retail optimisation, and wholesale partnerships. Strategic funding in product, advertising, and operations goals to strengthen positioning as luxurious markets stabilise.
“In the first half, our focus was on operational discipline and laying the foundation for future growth. With fresh creative direction across our houses, supported by targeted marketing and refined channel strategies, we expect to build brand momentum and increase consumer engagement in the second half. We remain agile and execution-focused as we strengthen brand desirability and prepare for recovery,” Andy Lew, government president of Lanvin Group, stated.
