Lanvin Group reported an 18% year-on-year decline in revenues to €240 million for fiscal 2025, amid macroeconomic challenges and an ongoing transformation. The company highlighted improvements in adjusted EBITDA and direct-to-consumer sales despite brand-specific declines.
Lanvin Group, which owns brands including Lanvin, Wolford, Sergio Rossi, and St. John, saw its revenues fall 18% to €240 million in fiscal 2025. Gross profit decreased to €140 million from €172 million the previous year, driven by lower sales volumes. Adjusted EBITDA improved slightly to -€90 million from -€94 million, thanks to store closures and cost controls, the company stated in its earnings release published April 30, 2026. Direct-to-consumer sales made up 68% of revenue and showed gains at Lanvin and Wolford in the second half of 2025. North American sales remained relatively resilient, while EMEA and Greater China faced softer demand. By brand, Lanvin revenues dropped 30% to €58 million amid repositioning efforts and retail optimization, with early improvement signs after Peter Copping’s debut collection. Wolford sales fell 14% to €76 million, hit by first-half logistics issues but recovering later; Marco Pozzo was promoted to CEO in February to lead its turnaround. Sergio Rossi revenues declined 30% to €30 million, and St. John saw a 1% drop to €78 million. Group chair Zhen Huang said, “While the macroeconomic environment remained challenging, we continued to advance our transformation initiatives, streamline our operations, and reinforce the long-term positioning of our brands.” He added, “We are encouraged by the improving momentum in the second half [of 2025] and remain confident in our ability to deliver sustainable growth over time.” Looking to 2026, the group expects progress through renewed creative momentum and a focused operating model, while completing its transformation plan.