UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM  6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of February 2025

 

Commission File Number: 001-41569

 

 

 

LANVIN GROUP HOLDINGS LIMITED

 

 

 

4F, 168 Jiujiang Road,

Carlowitz & Co, Huangpu District

Shanghai, 200001, China

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x        Form 40-F ¨

 

 

 

 

 

 

INCORPORATION BY REFERNECE

 

This current report on Form 6-K is incorporated by reference into the registration statement on Form F-3 (No. 333-276476), the post-effective amendment No. 5 to Form F-1 on Form F-3 (No. 333-269150) and the registration statement amendment No. 1 on Form F-3 (No. 333-280891) of Lanvin Group Holdings Limited and shall be a part thereof from the date on which this Report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

 

  

TABLE OF CONTENTS

 

Exhibit
Number
Description
     
99.1   Lanvin Group 2024 Preliminary Revenues Press Release
99.2   Lanvin Group 2024 Preliminary Revenues Results Presentation

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

February 28, 2025

 

  LANVIN GROUP HOLDINGS LIMITED
   
  By: /s/ Kat Yu David Chan
  Name: Kat Yu David Chan
  Title: Chief Financial Officer

 

 

 

Exhibit 99.1

 

 

Lanvin Group Prioritizes Creative Renewal and Operational Agility Amid Evolving Luxury Landscape

 

·Revenue of €328 million in FY2024, a 23% decrease over FY2023, reflecting a transitional year marked by creative evolution and strategic realignment amid market headwinds

 

·St. John and Caruso demonstrate resilience and stability, other brands undergo renewal to redefine their market positioning

 

·Steady performance in Japan and North America; EMEA and Greater China adapt to shifting market dynamics

 

·2025 poised to be the cornerstone of future development, with a strengthened leadership team and bold creative visions set to reinvigorate the Group’s portfolio

 

February 28, 2025 - Lanvin Group (NYSE: LANV, the “Group”), a global luxury fashion group with Lanvin, Wolford, St. John, Sergio Rossi, and Caruso in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2024. The Group reported revenues of €328 million, a 23% decrease year-over-year versus 2023, reflecting a transitional year as the Group strategically realigned its creative direction and operations to position itself for sustainable long-term growth in a dynamic global market.

 

Review of the Full-Year 2024 Preliminary, Unaudited Revenues

 

Lanvin Group Revenue by Brand        

 

  2024A  2023A  2024A vs. 2023A 
(Euros in Thousands)  Preliminary  Audited  Growth % 
Lanvin   82,720   111,740   -26%
Wolford   87,642   126,280   -31%
St. John   79,269   90,398   -12%
Sergio Rossi   41,910   59,518   -30%
Caruso   37,107   40,011   -7%
Total Brands   328,648   427,947   -23%
Eliminations & Others   -491   -1,769     
Total Group   328,157   426,178   -23%

 

 

 

 

The Group navigated through a softening market in FY2024: Amidst a dynamic global luxury landscape in 2024, Lanvin Group demonstrated strategic agility by proactively aligning its operations with evolving market conditions. While preliminary FY2024 revenues reflected broader industry trends, the Group’s decisive actions — including optimizing its retail network and enhancing operational efficiency — underscored its commitment to long-term prospects.

 

St. John and Caruso show resilience while other brands adapted to market shifts: The Group’s diversified brand portfolio demonstrated varying degrees of resilience in 2024. St. John and Caruso showed stability, with 12% and 7% decrease respectively, underscoring the strength of their loyal customer base and distinct market positioning while Wolford faced temporary disruptions in logistics and was affected by a macroeconomic downturn, contributing to a 31% decline in revenue. Lanvin and Sergio Rossi, despite facing industry-wide headwinds, embraced bold creative renewal, setting the stage to redefine their artistic visions and chart a course toward future growth.

 

Stability in Japan and North America, and EMEA and Greater China experienced softer demand: In 2024, the EMEA region experienced a decline in wholesale purchases, reflecting a cautious distributor sentiment, particularly affecting Lanvin and Sergio Rossi. In Greater China, sales continued to underperform compared to the previous year, during which the Group implemented targeted strategies to reignite growth in this key market. Japan and North American markets demonstrated greater resilience in the face of these challenges, underscoring the strength of Lanvin Group’s brand equity in these regions.

  

2025 Outlook

 

In 2025, despite a challenging macroeconomic environment, the Group remains committed to its long-term vision, leveraging its unique position in the luxury fashion industry to drive innovation and growth. The Group is enhancing its management capabilities by developing a dynamic leadership team under the new Executive President, Andy Lew, and establishing a second headquarters in Europe to strengthen local presence while optimizing decision-making efficiency.

 

Lanvin Group has also proactively consolidated its store network, focusing on core business units and optimizing its retail footprint. The appointment of new Artistic Director and Creative Director at Lanvin and Sergio Rossi, respectively, is expected to boost sales, with Peter Copping's debut show in January 2025 receiving widespread acclaim. Through a strengthened leadership team, strategic retail optimization, and bold creative visions, Lanvin Group is poised to drive innovation and growth, positioning itself for long-term success in the luxury fashion industry.

 

 

 

 

Conference Call

 

As previously announced, today at 8:00AM EST/9:00PM CST/2:00PM CET, Lanvin Group will host a conference call to discuss its preliminary revenues for the full-year 2024 and provide an outlook for 2025. All participants who would like to join the conference call must pre-register using the link provided below. Once the registration is complete, participants will receive dial-in numbers, a passcode, and a registrant ID which can be used to join the conference call. Participants may register at any time, including up to and after the call starts.

 

Registration Link:

https://dpregister.com/sreg/10196995/fe885f405b

 

A replay of the conference call will be accessible approximately one hour after the live call until March 07, 2025, by dialing the following numbers:

 

US Toll Free: 1-877-344-7529

International Toll: 1-412-317-0088

Canada Toll Free: 855-669-9658

Replay Access Code: 4193525

 

Additionally, an archived webcast of the conference call will be available on the Group's investor relations website at https://ir.lanvin-group.com.

 

Next Scheduled Announcement

 

The next scheduled announcement will be the full-year 2024 earnings release in April 2025. To receive email alerts of the timing of future financial news releases, as well as future announcements, please register at https://ir.lanvin-group.com.

 

 

Note: All % changes are calculated on an actual currency exchange rate basis

 

 

 

 

Appendix

 

Lanvin Group Revenue by Brand        

 

  2024A  2023A  2024A vs. 2023A 
(Euros in Thousands)  Preliminary  Audited  Growth % 
Lanvin   82,720   111,740   -26%
Wolford   87,642   126,280   -31%
St. John   79,269   90,398   -12%
Sergio Rossi   41,910   59,518   -30%
Caruso   37,107   40,011   -7%
Total Brands   328,648   427,947   -23%
Eliminations & Others   -491   -1,769     
Total Group   328,157   426,178   -23%

 

Lanvin Group Revenue by Geography:

 

  2024A  2023A  2024A vs. 2023A 
(Euros in Thousands)  Preliminary  Audited  Growth % 
EMEA   145,308   201,871   -28%
North America   128,583   147,310   -13%
Greater China   33,295   53,188   -37%
Other   20,971   23,809   -12%
Total   328,157   426,178   -23%

 

Lanvin Group Revenue by Channel:

 

  2024A  2023A  2024A vs. 2023A 
(Euros in Thousands)  Preliminary  Audited  Growth % 
DTC/eCommerce   200,197   247,013   -19%
Wholesale   115,814   161,516   -28%
Other   12,146   17,649   -31%
Total   328,157   426,178   -23%

 

 

 

 

About Lanvin Group

 

Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an intimate understanding and unparalleled access to the fastest-growing luxury fashion markets in the world. Lanvin Group is listed on the New York Stock Exchange under the ticker symbol ‘LANV’.

 

For more information about Lanvin Group, please visit http://www.lanvin-group.com, and to view our investor presentation, please visit www.lanvin-group.com/investor-relation/.

 

Disclaimer

 

The full-year 2024 revenues are preliminary and unaudited. The audit of the Group’s financial statements will be finalized at the time of the Group’s 2024 consolidated financial statements. These unaudited financial data are not a comprehensive statement of the Group’s financial results for the year ended December 31, 2024 and should not be viewed as a substitute for the Group’s full annual financial statements prepared in accordance with IFRS. These preliminary unaudited financial results are subject to revision in connection with the Group’s financial closing procedures, including the review of such financial results by the Group’s audit committee, and finalization and audit of the Group’s consolidated financial statements for the year ended December 31, 2024. During the preparation of the Group’s consolidated financial statements and related notes and the completion of the audit for the year ended December 31, 2024, additional adjustments to the preliminary estimated financial results presented above may be identified. Actual results for the period reported may differ from these preliminary results.

 

 

 

 

Forward-Looking Statements

 

This communication, including the section “2025 Outlook”, contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, Lanvin Group’s ability to timely complete its financial closing procedures and finalize its consolidated financial statements for fiscal year 2024; changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this communication. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this communication. Accordingly, reliance should not be placed upon the forward-looking statements.

 

 

 

 

Enquiries:

 

Investors

Lanvin Group

Coco Wang

coco.wang@lanvin-group.com

 

Media

Lanvin Group

Ingrid Zhou

ingrid.zhou@lanvin-group.com

 

 

 

 

 

Exhibit 99.2

 

LANVIN GROUP PRELIMINARY FY 2024 REVENUES February 2025

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2 Forward-Looking Statements This presentation, including the sections “LANVIN GROUP 2024 PRELIMINARY REVENUES”, “2025 GUIDANCE”, “BRAND LEVEL RESULTS” and “APPENDIX”, contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, Lanvin Group’s ability to timely complete its financial closing procedures and finalize its consolidated financial statements for fiscal year 2024; changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of COVID-19 or similar public health crises on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this presentation. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this presentation. Accordingly, reliance should not be placed upon the forward-looking statements. Preliminary Revenues Throughout this presentation, FY 2024 and 2024 half-year revenues are preliminary and unaudited. The audit of our financial statements will be finalized at the time of our 2024 consolidated financial statements. These unaudited financial data are not a comprehensive statement of our financial results for the year and the three months ended December 31, 2024, and should not be viewed as a substitute for our full annual financial statements prepared in accordance with IFRS. These preliminary unaudited financial results are subject to revision in connection with the Lanvin Group’s financial closing procedures, including the review of such financial results by Lanvin Group’s audit committee, and finalization and audit of Lanvin Group’s consolidated financial statements for the year ended December 31, 2024. During the preparation of Lanvin Group’s consolidated financial statements and related notes and the completion of the audit for the year ended December 31, 2024, additional adjustments to the preliminary estimated financial results presented above may be identified. Actual results for the periods reported may differ from these preliminary results. DISCLAIMER

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A UNIQUE GLOBAL LUXURY PLATFORM

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4 Source: Company website. Company information. Note: All financial figures are unaudited estimates as of December 31, 2024 and represent each brand’s revenues, net of eliminations. A WARDROBE OF LUXURY AND CONTEMPORARY ELEGANCE SINCE 1889 2024 Revenues – €83 million % of Group Revenues – 25% A Leader in French Haute Couture with a Rich Heritage SINCE 1950 2024 Revenues – €88 million % of Group Revenues – 27% Iconic Skinwear Brand that Combines Luxury, Technology, and Premier Manufacturing SINCE 1962 2024 Revenues – €79 million % of Group Revenues – 24% A Foundation of American Luxury; Building Wardrobes with Timeless yet Contemporary Style LANVIN GROUP’S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRANDS’ IDEAS AND CORE SKILLS IN DESIGN AND PRODUCTION SINCE 1951 2024 Revenues – €42 million % of Group Revenues – 13% A Forerunner in Design; Manufacturing Shoes and Accessories with Provocative, Modern Sophistication SINCE 1958 2024 Revenues – €37 million % of Group Revenues – 11% The Reference Luxury Tailoring Manufacturer in Italy, Combining Traditional Skills with Innovation in Shapes and Material

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5 LANVIN GROUP 2024 PRELIMINARY REVENUES THE GROUP SET FOUNDATION FOR A GRADUAL RETURN TO GROWTH Note: Results are presented on an unaudited basis. (1) Total revenue of Lanvin group includes Group eliminations. (2) Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; Pro Forma results assume Sergio Rossi's revenue results for the full-year 2021. (3) 2021 PF Revenue includes Sergio Rossi 12-month contributions. Key Takeaways Total Revenue (1) € in millions % of Total Revenue, 2024 YoY Growth % BALANCED DEVELOPMENT ACROSS REGIONS AND CHANNELS CONTINUED GROWTH TREND FROM FY 2020 TO FY 2024 47% 35% 12% 6% North America EMEA Greater China Other 2023 58% 38% 4% 2023 DTC Wholesale Other 16% 24% 21% 28% 26% 25% 43% 35% 32% 30% 30% 27% 30% 24% 22% 20% 21% 24% 9% 17% 15% 14% 13% 12% 8% 7% 7% 9% 11% 2020A 2021A 2021PF 2022A 2023A 2024A Lanvin Wolford St. John Sergio Rossi Caruso €223 €309 (2) €339 (3) €328 • Preliminary revenue of €328.2 million for FY 2024, a 23.0% decrease over FY 2023 • Challenging macro backdrop weighing on consumer sentiment and challenging industry environment in 2024 • The slowdown intensified throughout the year, especially for Greater China and wholesale • Proactively consolidated stores network to optimize the retail footprint and concentrate on core business units to enhance operational efficiency • Measures implemented to reduce back-office expenses and improve working capital management • Appointment of Andy Lew as Executive President expected to drive strategic implementation and bring transformative initiatives across Lanvin Group's brands 44% 39% 10% 6% 2024 North America -13% EMEA -28% Greater China -37% Other -12% 61% 35% 4% 2024 Other -31% DTC -19% Wholesale -28% €422 €426

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6 2025 GUIDANCE 01 Enhance management by cultivating a dynamic and experienced leadership team that is agile and adaptable to change 02 Establish a second headquarters in Europe, a strategic move aimed at streamlining operations, and enhancing decision-making agility 03 Search for new revenue growth points in regions, product categories and innovative business models through strategic partnerships and collaborative ecosystem 04 Anticipated sales growth following the appointment of new Artistic Director at Lanvin and Creative Director at Sergio Rossi 6

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7

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8 48 57 64 29 34 55 56 43 35 2020A 2021A 2022A 2023A 2024A Lanvin Global Revenue 2020A – 2024A H2 H1 LANVIN 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS 8 € in millions Lanvin Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % €120M €73M 2024 YoY Growth -26% -40% -12% Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. • 2024 was a pivotal year of transition for Lanvin. Revenue declined by 26% from €112M in 2023 to €83M in 2024 in the context of a global slowdown in the demand for luxury products and changing tastes and behaviors of aspirational customers. • Wholesale revenue fell by 32% due to a weak and contracting market for retailers and specialty stores. DTC revenue decreased at a slightly lower rate of 21%, in line with the overall trend in the luxury sector. • Geographical consumption trends had a significant impact, with sales in Greater China falling 40% and North America 19%. The EMEA DTC market proved more resilient, despite wholesale challenges. • Lanvin is rebalancing its distribution channels with adjustments in the retail network targeting less productive stores and investing in its first collection under the new Artistic Director, Peter Copping, in Q4 2024. • The highly anticipated debut fashion show by Peter Copping in January 2025 was widely acclaimed across the industry with extensive media coverage and retailer interest; product deliveries expected in H2 2025. €35M €112M 47% 28% 18% 8% North America -19% EMEA -25% Greater China -40% Other -14% 53% 2024 33% 15% DTC -21% Wholesale -32% Other -27% 2024 €83M

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9

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10 10 KEY TAKEAWAYS Wolford Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % 76% 24% 62% 30% 8% 0% DTC -23% Wholesale -46% Other NM North America -17% EMEA -36% Greater China -27% Other NM 2024 2024 Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. o Revenue declined by 31%, dropping from €126M in 2023 to €88M in 2024. The year was marked by challenges and transitions, including macroeconomic uncertainties and disruptions in logistics. o EMEA (-36% vs LY) is most affected region, followed by Greater China (-27%) and North America (-17%). Wholesale channel experienced the greatest impact (-46%), primarily due to the transition to a new logistics partner, which caused delays in product deliveries. o Marketing and branding efforts have been streamlined to focus on key product launches and commercial moments. Social media remains the primary platform for engaging with a global audience and amplifying messages. o In 2025, the company will celebrate its 75th anniversary with a brand push in the second half of the year, driven by various local activations. The focus will be on optimizing product assortment and focusing on hero products to enhance cash efficiency. From a channel standpoint, the company will continue streamlining its retail network while placing strong emphasis on expanding both the wholesale and e-commerce channels. 42 54 59 43 95 67 72 67 45 2020A 2021A 2022A 2023A 2024A Wolford Global Revenue 2020A - 2024A H2 H1 €109M €126M €126M €88M €95M 2024 YoY Growth % -31% -33% -28% € in millions

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11

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12 20 33 26 27 22 26 35 33 2021PF 2022A 2023A 2024A Sergio Rossi Global Revenue 2021A – 2024A H2 H1 SERGIO ROSSI 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenue declined 30% from €60M in 2023 to €42M in 2024. • EMEA market declined 35%, mainly due to European wholesale conditions and planned reduction of lower-margin third-party production. • Greater China market declined 35% due to a challenging retail market. • Japan market showed a slight decrease of 8%, while Outlet revenue increased by 15%. • In July 2024, Sergio Rossi announced the appointment of Paul Andrew as Creative Director. He will collaborate with the team to propose a new vision for the brand and lead it into a bright future. • 2025 priorities will be focused on enhancing wholesale business with Paul Andrew’s new collection, optimizing operations and capital expenditure, and seeking local partners to explore opportunities in high-growth regions. 12 € in millions Sergio Rossi Global Revenue by Region and Channel in 2024 €62M 2024 YoY Growth % -30% -19% -38% €59M Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. Note: Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; Pro Forma results assume Sergio Rossi's revenue results for the full-year 2021. €60M 49% 2% 19% 30% North America -63% EMEA -35% Greater China -35% Other -8% 2024 €42M 67% 33% DTC -15% Wholesale -47% 2024 % of Total Revenues, 2024 YoY Growth %

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13

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14 1% 94% 5% - 33 42 47 40 67 40 44 44 39 2020A 2021A 2022A 2023A 2024A St. John Global Revenue 2020A - 2024A H2 H1 ST. JOHN 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenue declined 12% from €90M in 2023 to €79M in 2024. Decline in luxury demand and global economy challenges both negatively impacted traffic and topline. • North America outperformed other regions. Domestic wholesale grew by 3%, driven by strategic key account partnership with Nordstrom. Retail revenue decreased by 9%, with traffic down 10%. E-Commerce decreased by 15%, both platform migration and distribution relocation negatively impacted topline in the fourth quarter but are expected to drive increases to topline in 2025. • International revenue decreased by 46% amid global economy challenges. The North America market will continue to be the primary focus moving into 2025 as St. John looks to simplify and streamline its business. • In 2024, St. John repositioned their retail portfolio in key markets, opening Flagship Boutiques in New York and Beverly Hills. It also completed an impactful Digital Upgrade in Q4 to better highlight products and elevate the client experience on site. These upgrades are expected to provide a cohesive cross-channel shopping journey. • North America will continue to be the priority in 2025. The brand will lean into its Southern California heritage through powerful storytelling and strong product positioning in knits. 14 € in millions St. John Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % 78% 22% 0% DTC -13% Wholesale -8% Other NM 2024 North America -9% Greater China -43% EMEA -58% 2024 €86M €90M 2024 YoY Growth % -12% -10% -14% Note: Revenue eliminations are not allocated by brand, and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. €79M €67M €73M

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15

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16 20 20 15 12 25 17 20 16 12 2020 2021 2022 2023 2024 Caruso Global Revenue 2020A – 2024A H2 H1 CARUSO 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenues decreased slightly by -7% from €40M in 2023 to €37M in 2024. • B2B Maisons orders decreased due to a difficult luxury market that impacted some of the company’s top clients. Lower buy of those clients was partially offset by newly acquired top customers. • The Caruso brand business grew double-digit, gaining market share, attributed to the appeal of its playful-elegant collections and its undisputed quality level offered at a customer-respectful luxury price. Also, the brand’s made-to-measure business expanded, driven by its outstanding service level. • 2025 is expected to be slow in the first half and then see a trend inversion in the Maisons business thanks to new designers’ effect and new business relationships in the make. • The Caruso Brand is poised for continued growth supported by a revitalized and strengthened distribution team (agents in core and new markets) and several appealing marketing initiatives being implemented. 16 € in millions Caruso Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % 100% 2024 Wholesale -7% 83% 13% 4% 2024 North America +2% EMEA -8% Other -8% €25M €40M Note: Revenue eliminations are not allocated by brand, and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. €31M €37M 2024 YoY Growth % -7% -14% -1% €25M

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APPENDIX

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18 LANVIN GROUP REVENUE RESULTS Note: FY2024 Results are presented on an unaudited basis. (Euros in Thousands, unless otherwise noted) 2020A 2021A 2022A 2023A 2024A 2021A v 2022A v 2023A v 2024A v 20-24 FY FY FY FY FY 2020A 2021A 2022A 2023A CAGR Lanvin 34,989 72,872 119,847 111,740 82,720 108.3% 64.5% -6.8% -26.0% 24.0% Wolford 95,384 109,332 125,514 126,280 87,642 14.6% 14.8% 0.6% -30.6% -2.1% St. John 66,512 73,094 85,884 90,398 79,269 9.9% 17.5% 5.3% -12.3% 4.5% Sergio Rossi 0 28,737 61,929 59,518 41,910 NM 115.5% -3.9% -29.6% NM Caruso 26,351 24,695 30,819 40,011 37,107 -6.3% 24.8% 29.8% -7.3% 8.9% Total Brands 223,236 308,730 423,993 427,947 328,648 38.3% 37.3% 0.9% -23.2% 10.2% Eliminations & Others -624 92 -1,681 -1,769 -491 Total Group 222,612 308,822 422,312 426,178 328,157 38.7% 36.7% 0.9% -23.0% 10.2% 2020A 2021A 2022A 2023A 2024A 2021A v 2022A v 2023A v 2024A v 20-24 FY FY FY FY FY 2020A 2021A 2022A 2023A CAGR EMEA 113,883 148,519 205,715 201,871 145,308 30.4% 38.5% -1.9% -28.0% 6.3% North America 85,601 106,701 145,519 147,310 128,583 24.6% 36.4% 1.2% -12.7% 10.7% Greater China 18,751 42,518 48,876 53,188 33,295 126.8% 15.0% 8.8% -37.4% 15.4% Other Asia 4,377 11,084 22,202 23,809 20,971 153.2% 100.3% 7.2% -11.9% 47.9% Total 222,612 308,822 422,312 426,178 328,157 38.7% 36.7% 0.9% -23.0% 10.2% 2020A 2021A 2022A 2023A 2024A 2021A v 2022A v 2023A v 2024A v 20-24 FY FY FY FY FY 2020A 2021A 2022A 2023A CAGR DTC 124,354 186,813 247,460 247,013 200,197 50.2% 32.5% -0.2% -19.0% 12.6% Wholesale 93,156 116,417 164,359 161,516 115,814 25.0% 41.2% -1.7% -28.3% 5.6% Other 5,102 5,592 10,493 17,649 12,146 9.6% 87.6% 68.2% -31.2% 24.2% Total 222,612 308,822 422,312 426,178 328,157 38.7% 36.7% 0.9% -23.0% 10.2% Revenue Revenue Lanvin Group Revenues by Channel Revenue Growth % Lanvin Group Revenues by Geography Growth % Lanvin Group Revenues by Brand Growth %


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