Lanvin Group(US:LANV) Jin Rong Jie·2026-02-10 05:56Group 1 - Lanvin Group announced the sale of its Italian high-end menswear producer Caruso to UAE's Mondevo Group subsidiary MondeVita Italy S.r.l. [1] - Caruso, established in 1964 and headquartered in Italy, has over 450 employees and combines high-end custom menswear production with brand operation capabilities [1] - Despite a decline in revenue, Caruso maintained stable profitability, with projected revenue of €37 million for FY2024, a 7% year-on-year decrease, and a gross profit of €10.73 million, with a gross margin increase from 28% to 29% [1] Group 2 - Post divestment of Caruso, Lanvin Group will focus more resources on core brands such as Lanvin, St. John, Wolford, and Sergio Rossi, aiming to strengthen its competitive advantage in the high-end luxury market [2] - This transaction marks a significant milestone in Lanvin Group's strategic transformation, with expectations of enhanced brand value and market performance in the global luxury goods sector [2]