{"id":156667,"date":"2025-03-03T10:32:28","date_gmt":"2025-03-03T10:32:28","guid":{"rendered":"https:\/\/www.parisselectbook.com\/2025\/03\/03\/lanvin-group-falling-sales-in-2024\/"},"modified":"2025-03-03T14:40:50","modified_gmt":"2025-03-03T14:40:50","slug":"lanvin-group-falling-sales-in-2024","status":"publish","type":"post","link":"https:\/\/www.parisselectbook.com\/en\/2025\/03\/03\/lanvin-group-falling-sales-in-2024\/","title":{"rendered":"Lanvin Group: falling sales in 2024"},"content":{"rendered":"\n

The fashion group, which owns Lanvin, Wolford and Sergio Rossi, lost 100 million euros in one year, impacted by a significant drop in sales, particularly in Greater China.<\/strong><\/p>\n\n

The year 2024 marks a difficult turning point for Lanvin Group<\/strong>, whose sales fell by 23%<\/strong> to 328 million euros<\/strong>, compared with 426 million in 2023<\/strong>. This decline affected all the Group’s brands, with a particularly poor performance in Greater China<\/strong>, where sales fell by 37%<\/strong>. <\/p>\n\n

Widespread losses on Group brands<\/strong><\/h2>\n\n

All the Group’s houses saw their revenues decline. Lanvin<\/strong>, weakened by the absence of its artistic director in the first half, fell by 26%<\/strong> to 83 million euros<\/strong>. Wolford<\/strong>, the lingerie and pantyhose brand, suffered the biggest decline, down 31%<\/strong> from 126 to 88 million euros<\/strong>. Sergio Rossi<\/strong>, the Italian luxury footwear house, recorded a collapse of 30%<\/strong> to 42 million euros<\/strong>. St John<\/strong>, a women’s ready-to-wear brand, limited the damage with a 12%<\/strong> drop to 79 million euros<\/strong>. And Caruso<\/strong>, the men’s tailoring house, remained the most stable, with a more restrained decline of 7%<\/strong> to 37 million euros<\/strong>. <\/p>\n\n

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A publication shared by Lanvin Group (@lanvingroup)<\/a><\/p><\/div><\/blockquote>\n