来源：美通社 上海2025年10月24日 /美通社/ -- 全球奢侈时尚集团Lanvin Group（复朗集团）（纽约证券交易所代码： LANV）（以下简称"集团"）今日宣布，董事会已批准任命韩济阳先生为集团首席财务官，自2025年11 月1日起生效。韩先生将全面负责集团的财务事务，包括财务规划与分析、会计与管控、财务管理、资 金管理、投融资项目及投资者关系等工作。 韩济阳先生在企业财务、投资银行及全球业务管理领域拥有近二十年丰富经验。自2025年6月起，他担 任豫园股份联席首席投资官兼助理总裁。在此之前，他曾任3M公司大中华区并购业务总经理与战略负 责人、凯富利资本投资银行部执行董事，负责大中华区业务。韩先生以注册会计师的身份在安永中国开 始其职业生涯，担任高级顾问。 韩先生毕业于加拿大英属哥伦比亚大学，获商学学士学位，主修会计学。 复朗集团董事长黄震先生表示："我们非常高兴地欢迎韩济阳先生加入复朗集团管理层。他在财务战 略、全球并购及资本市场方面的丰富经验，将为集团持续提升财务管理能力和实现全球增长目标提供重 要支持。这一任命体现了我们不断强化领导力、构建面向未来的组织的承诺。" Lanvin Group ...

Core Insights - Lanvin Group has appointed Mr. Jiyang Han as Chief Financial Officer (CFO), effective November 1, 2025, to oversee financial affairs including planning, analysis, accounting, and investor relations [1][3] - Mr. Han has nearly two decades of experience in corporate finance and investment banking, previously serving as Co-CIO and Assistant President of Yuyuan and as M&A and Strategy Leader at 3M [1][2] - The appointment reflects Lanvin Group's commitment to strengthening financial discipline and supporting growth ambitions globally [3] Company Overview - Lanvin Group is a leading global luxury fashion group headquartered in Shanghai and Milan, managing brands such as Lanvin, Wolford, and Sergio Rossi [4] - The company aims to expand its global footprint and achieve sustainable growth through strategic investments and operational expertise [4] - Lanvin Group is listed on the New York Stock Exchange under the ticker symbol "LANV" [4]

Core Points - Lanvin Group announced the resignation of Mr. David Chan, Executive President and Chief Financial Officer, effective October 27, 2025, to pursue new professional opportunities [1] - Mr. Chan has been a key figure in establishing the Group's strategic and financial foundation since its inception, contributing to its transformation into a global luxury platform [2] - The Chairman of Lanvin Group expressed gratitude for Mr. Chan's leadership and contributions, emphasizing the Group's strong position for future growth and shareholder value [3] - Mr. Chan expressed pride in his role at Lanvin Group and confidence in the company's future, highlighting the importance of its strategic initiatives for sustainable growth [3] - A structured transition plan has been implemented to ensure continuity in finance and operations, with Mr. Chan potentially continuing in an advisory role [3] - Lanvin Group is a leading global luxury fashion group headquartered in Shanghai and Milan, managing several iconic brands and aiming for sustainable growth through strategic investments [4]

Financial Data and Key Metrics Changes - The company's revenue in the first half was €133 million, down 22% year on year, reflecting softer market conditions and planned creative transitions [10] - Gross profit margin declined by 400 basis points to 54%, primarily due to sell-through of prior season inventory [11] - Adjusted EBITDA margin decreased to negative €52 million, impacted by lower revenue and operational leverage [15] Business Line Data and Key Metrics Changes - Lanvin's revenue declined by 42%, primarily due to weak wholesale demand in EMEA, but DTC revenue increased by 46% in the second quarter [20] - Wolfer's revenue was down 23%, with a 14% growth in the wholesale channel, while D2C decreased by 35% [22] - Sergio Rossi's revenue fell 25%, but retail sales were up 17% in Q2, indicating a rebound [24] - St. John maintained nearly flat revenue with a 4% growth in its core North American market [26] Market Data and Key Metrics Changes - All key regions saw revenue declines, with EMEA and Greater China facing the most significant headwinds [14] - D2C and wholesale channels were down, particularly in EMEA and Greater China [14] Company Strategy and Development Direction - The company is focused on long-term strategies, including strengthening brand leadership and streamlining operations [7][8] - There is an emphasis on protecting free cash flow through disciplined working capital management and rigorous cost control [8] - Targeted marketing initiatives are being deployed to boost traffic and conversion [9] Management's Comments on Operating Environment and Future Outlook - The management highlighted the challenges posed by global macroeconomic and geopolitical uncertainty but expressed confidence in the foundational work completed in H1 [3][4] - Encouraging signs of recovery were noted in the second quarter across several brands, with a focus on executing plans for the second half [30] Other Important Information - The company streamlined 29 underperforming stores in the first half, aiming for a more focused and productive retail footprint [17] - Significant strides were made in reducing G&A expenses across various brands, with reductions of 27% for Wolfer, 25% for Sergio Rossi, and 35% for St. John [15][16] Q&A Session Summary - There were no questions during the Q&A session, and the conference call concluded without any inquiries [31]

Financial Data and Key Metrics Changes - The company's revenue in the first half was €133 million, down 22% year on year, reflecting softer market conditions and planned creative transitions [9][10] - Gross profit margin declined by 400 basis points to 54%, primarily due to sell-through of prior season inventory [10][14] - Adjusted EBITDA margin decreased to negative €52 million, reflecting negative operational leverage, although cost discipline helped mitigate a larger drop [15][10] Business Line Data and Key Metrics Changes - Lanvin's revenue declined by 42%, primarily due to weak wholesale demand in EMEA, but DTC revenue increased by 46% in the second quarter [20][21] - Wolfer's revenue was down 23%, but wholesale channel grew by 14%, while D2C decreased by 35% due to rightsizing of the retail network [22] - Sergio Rossi's revenue fell 25%, but retail sales were up 17% and e-commerce was up 10% in Q2 [24] - St. John maintained nearly flat revenue with a 4% growth in its core North American market [27] Market Data and Key Metrics Changes - All key regions saw revenue declines, with EMEA and Greater China facing the most significant headwinds [13] - D2C and wholesale channels were down, with major softness in wholesale for EMEA and cautious consumer sentiment in Greater China [13] Company Strategy and Development Direction - The company is focused on long-term growth, emphasizing cost discipline, operational efficiency, and strategic repositioning across geography and product assortment [4][12] - The strategy includes streamlining operations, optimizing retail footprint, and deploying targeted marketing initiatives to boost traffic and conversion [8][19] - The company plans to leverage new creative talent to drive growth in the second half [12][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the tough macroeconomic and geopolitical climate but expressed confidence in the foundational work completed in the first half [3][30] - There are encouraging signs of recovery in the second quarter across several brands, and management is optimistic about the plans for the second half [30][31] Other Important Information - The company rightsized 29 underperforming stores in the first half and is continuing a comprehensive review of its network [8][18] - Significant strides were made in reducing G&A expenses across various brands, with reductions of 27% for Wolfer, 25% for Sergio Rossi, and 35% for St. John [15][16] Q&A Session Summary - There were no questions during the Q&A session, and the conference call concluded without any inquiries [32]

Financial Data and Key Metrics Changes - The company's revenue in the first half was €133 million, down 22% year on year, reflecting softer market conditions and planned creative transitions [9] - Gross profit margin declined by 400 basis points to 54%, primarily due to sell-through of prior season inventory [10] - Adjusted EBITDA margin decreased significantly, resulting in a negative €52 million, attributed to negative operational leverage [15] Business Line Data and Key Metrics Changes - Lanvin's revenue declined by 42%, primarily due to weak wholesale demand in EMEA, but retail remained resilient with a 46% increase in DTC revenue in Q2 [20] - Wolfer's revenue was down 23%, but wholesale grew by 14%, indicating a positive trend despite a 35% decrease in D2C [22] - Sergio Rossi's revenue fell 25%, but retail sales rebounded by 17% in Q2, indicating potential recovery [24] - St. John maintained nearly flat revenue with a 4% growth in its core North American market [27] Market Data and Key Metrics Changes - All key regions saw revenue declines, with EMEA and Greater China facing the most significant challenges [13] - D2C and wholesale channels were down, with major softness in wholesale for EMEA and cautious consumer sentiment in Greater China [13] Company Strategy and Development Direction - The company is focused on long-term growth through brand leadership strengthening, operational efficiency, and targeted marketing initiatives [8] - A comprehensive review of the retail network is ongoing, with 29 underperforming stores rightsized [8][18] - The company aims to protect free cash flow through disciplined working capital management and rigorous cost control [8] Management's Comments on Operating Environment and Future Outlook - The management acknowledged persistent global macroeconomic and geopolitical uncertainty but expressed confidence in recovery signs observed in Q2 [3][30] - The company is optimistic about the second half, driven by new creative talent and strategic repositioning efforts [12][30] Other Important Information - The company completed a capital increase for Wolford to support its strategic transformation [5] - Significant strides were made in reducing G&A expenses across various brands, with reductions of 27% for Wolfer, 25% for Sergio Rossi, and 35% for St. John [15][16] Q&A Session Summary - There were no questions during the Q&A session, and the conference call concluded without further inquiries [32]

Financial Performance Overview - The group's revenue for H1 2025 was €133.395 million[96], impacted by macroeconomic trends and industry-wide challenges[31] - The group's gross profit margin decreased by 4% to 53.9%[43] due to sell-through of prior-season inventory, underutilized capacity, and changes in product mix[47] - The group's adjusted EBITDA decreased by 23% to -€51.930 million[43,96] due to negative operational leverage resulting from lower revenue[47] Brand-Level Performance - Lanvin's revenue declined by 42% to €27.932 million[63] due to weak wholesale in EMEA[66] - Wolford's revenue decreased by 23% to €32.985 million[68] reflecting residual impact from 3PL transition[71] - Sergio Rossi's revenue declined by 25% to €15.314 million[73], with DTC decreased by 21% and Wholesale decreased by 33%[77] - St John's revenue remained relatively flat at €39.654 million[79], with North America seeing a 4% growth[84] - Caruso's revenue declined by 11% to €17.627 million[86] due to a challenging global luxury and wholesale market[91] Strategic Initiatives - The group is implementing cost-efficiency initiatives by streamlining operations and reviewing retail footprint[20] - The group is focusing on targeted marketing to boost traffic and conversion rate ahead of new director's debut[20] - The group is building brand story and desirability at Lanvin and Sergio Rossi with new creative characters[58] - The group is upgrading store network, with disciplined new openings and underperforming locations rationalization[56]

Core Insights - Lanvin Group (LANV) opened with a 3.79% increase, trading at $2.19 per share, with a total market capitalization of $275 million [1] - As of December 31, 2024, Lanvin Group reported total revenue of €329 million, a year-over-year decrease of 22.89%, and a net profit attributable to shareholders of -€165 million, down 27.79% year-over-year [1] Company Overview - Lanvin Group Holdings Limited is a leading global luxury fashion group headquartered in Shanghai, China, managing iconic brands such as Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso [1] - The company aims to expand the global footprint of its portfolio brands through strategic investments and extensive operational knowledge, leveraging unique strategic alliances in the luxury fashion sector [1]

Core Insights - Lanvin Group (LANV) opened with an increase of 8.65%, reaching a stock price of $2.26 per share, with a total market capitalization of $284 million [1] - Financial data indicates that as of December 31, 2024, Lanvin Group's total revenue is projected to be €329 million, reflecting a year-on-year decrease of 22.89%, while the net profit attributable to shareholders is expected to be -€165 million, a decline of 27.79% year-on-year [1] Company Overview - Lanvin Group Holdings Limited is a leading global luxury fashion group headquartered in Shanghai, China, managing iconic brands such as Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso [1] - The group aims to expand the global footprint of its portfolio brands through strategic investments and extensive operational knowledge, leveraging unique strategic alliances in the luxury fashion sector [1]

Core Viewpoint - Lanvin Group is set to release its unaudited results for the first half of 2025 on August 29, 2025, and will host a conference call to discuss these results and provide an outlook for the second half of the year [1]. Group Information - Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China, and Milan, Italy, managing iconic brands such as Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso [5]. - The company aims to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investments and operational expertise, focusing on the fastest-growing luxury fashion markets [5]. Conference Call Details - The conference call will take place at 8:00 a.m. Eastern Standard Time (8:00 p.m. China Standard Time) on the same day as the results release [1]. - Participants must pre-register to join the conference call, and a link for registration is provided [3]. - An archived webcast of the conference call will be available on the Group's investor relations website [3][4]. Presentation Information - Management will refer to a slide presentation during the call, which will be available on the investor relations website on the day of the call [2].