Lanvin Group revenue dips 18% as luxury firm nears end of turnaround

Lanvin Group (NYSE:LANV) reported a contraction in top-line revenue for the fiscal year 2025, a result the company attributed to a volatile luxury landscape and the strategic streamlining of its brand portfolio.

The Shanghai-based group posted annual revenue of €240 million, representing an 18% decline year-over-year.

Despite the drop in sales, the group’s focus on high-margin channels remained resilient, with gross profit reaching €140 million and a gross margin of 58%.

The company’s pivot toward retail control was evident as direct-to-consumer (DTC) sales accounted for 68% of total revenue.

On the profitability front, the group showed signs of operational recovery; adjusted EBITDA improved to a loss of €90 million, while the contribution loss narrowed to €31 million, reflecting aggressive cost-management measures and a more efficient marketing spend.

The 2025 fiscal year was a pivotal period for the group’s structural reorganization.

A major milestone was reached with the carve-out and subsequent sale of Caruso, which officially closed on February 6, 2026.

The disposal allows the group to focus its capital and management resources on its high-growth pillars: Lanvin, Wolford, Sergio Rossi, and St. John.