The Lanvin Group experienced a sharp slowdown in sales in the first half of 2025, reflecting the difficult global environment for the sector. Despite this unfavorable climate, the parent company of Lanvin, Caruso, and Sergio Rossi is highlighting its rigorous management and the first signs of recovery, which are fueling hopes for a rebound in the second half of the year.
With sales of €133 million, down 22% compared to the same period last year, the Lanvin Group is suffering from the effects of a sluggish economic environment and slowing luxury consumption, particularly in Europe and China.
The contrast with past performance illustrates the scale of the challenges. In 2023, Lanvin Group recorded annual revenue of €426 million, up slightly from 2022, with a gross margin of 59%. But 2024 marked a turning point, with sales falling 23% to €329 million. The first half of 2025 confirmed this downward trend, while demonstrating the group’s ability to protect its profitability and prepare for a recovery.
However, this decline did not prevent the group from maintaining solid gross profitability. The margin stood at 54%, representing a gross profit of €72 million. This performance can be attributed to increased discipline in operational management, targeted cost reductions, and inventory optimization during a period marked by creative transition within the fashion houses. Lanvin Group also streamlined its overhead costs and adjusted its marketing investments in order to focus its resources on the areas and channels deemed most promising.
Brands under pressure
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Read also > Lanvin Group: results down in 2024, ambitions intact for 2025
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