Financial Data and Key Metrics Changes - Preliminary revenue for 2024 was €328,000,000, a decrease of 23% compared to 2023 [2] Business Line Data and Key Metrics Changes - Revenue for the flagship brand Lanvin declined by 26% from €112,000,000 in 2023 to €83,000,000 in 2024, driven by a global slowdown in luxury demand and changing consumer preferences [4] Market Data and Key Metrics Changes - Wholesale revenue fell by 32%, attributed to a weak market for retailers and specialty stores [4] Company Strategy and Development Direction - The company aims to focus on driving growth and enhancing operational efficiency across its brands as it looks ahead to 2025 [3] Management's Comments on Operating Environment and Future Outlook - The luxury fashion industry faced a challenging year in 2024 due to macroeconomic headwinds and a softer market environment, particularly impacting consumer segments in Greater China and the wholesale channel [2] Other Important Information - The conference call was recorded, and participants were in a listen-only mode during the presentation [1] Q&A Session Summary No questions were asked during the Q&A session, which concluded the conference call [5]