Lanvin Group Posts Revenue of €171 million in H1 2024

Global Challenges Impact First-Half ResultsGroup Revenue was €171 million for H1 2024, a 20% decrease over H1 2023Group Gross profit margin remained steady, declining just 1% to 57.5%, and Lanvin, St. John and Caruso all showed marked gross profit margin improvement from better full-price sell-through and strategic inventory managementGlobal luxury market softness particularly impacted revenue in EMEA and Greater China; as did the Wholesale Channel; Lanvin brand showed strong growth in APAC, outside of Grea ...