Sales/Trading Statement Call

Lanvin Group Overall Performance - Lanvin Group's preliminary revenue for FY 2024 was €3282 million, a 230% decrease compared to FY 2023[14] - Total Brands revenue decreased by 232% from €427947 thousand in 2023 to €328648 thousand in 2024[64] - The group experienced a slowdown intensified throughout the year, especially in Greater China and wholesale[14] Regional Performance - North America accounted for 39% of total revenue in 2024, with a YoY decrease of 127%[13,64] - EMEA accounted for 44% of total revenue in 2024, with a YoY decrease of 28%[13,64] - Greater China accounted for 10% of total revenue in 2024, with a YoY decrease of 374%[13,64] Channel Performance - DTC (Direct-to-Consumer) channel accounted for 61% of total revenue in 2024, with a YoY decrease of 19%[13] - Wholesale channel accounted for 35% of total revenue in 2024, with a YoY decrease of 28%[13] Brand Performance - Lanvin's revenue declined by 26% from €112 million in 2023 to €83 million in 2024[23] - Wolford's revenue declined by 31%, dropping from €126 million in 2023 to €88 million in 2024[29] - Sergio Rossi's revenue declined by 30% from €60 million in 2023 to €42 million in 2024[39] - St John's revenue declined 12% from €90 million in 2023 to €79 million in 2024[48] - Caruso's revenues decreased slightly by 7% from €40 million in 2023 to €37 million in 2024[61]