Lanvin : 2025 Full-Year Results

Published: 2026-04-30 06:33:39 ET LANV

Published on 04/30/2026 at 06:33 am EDT

LANVIN GROUP

2025FULL-YEARRESULTS

Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China and Milan, Italy, managing iconic brands worldwide, including Lanvin, Wolford, Sergio Rossi and St. John Knits.

Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an understanding and access to the fastest-growing luxury fashion markets in the world.

TABLE OF CONTENTS

PAGE 9

PAGE 19

PAGE 13

2025 kEY STRATEGIES AND ACHIEVEMENTS

PAGE 27

LANVIN GROUP

Revenue of €240M in FY2025, down 18% year-on-year, with Lanvin and Wolford showing sequential improvement in H2

Continued to streamline the retail footprint, focusing on core business units and key regions to enhance operational efficiency, which improved EBITDA despite lower revenue

Accelerated portfolio optimization to concentrate resources on core brands, leveraging external partnerships and shifting towards a more asset-light operating model

Strengthened brand leadership through continuous team upgrades to support long-term strategic execution

2025

Global Revenue

2025

Global Gross Margin

2020-2025

Global Revenue CAGR

2025 vs. 2024

SG&A Expenses Savings

2025

Directly Operated Stores(1)

2025H2 vs. H1

Contribution Profit(2) Improvement

Shifting to an asset-light model to drive operational efficiency

Refocused retail network with attention on high potential markets

New product offerings drove significant brand heat

Note: Figures in this presentation have been rounded, which may affect the result of certain mathematical calculations presented herein.

DOS refers to Directly Operated Stores which include boutiques, outlets, concession shop-in-shops and pop-up stores.

Non-IFRS Financial Measure. Please see Page 42 for Non-IFRS Financial Measures and Definition. 6

SIGN OF GROSS PROFIT RECOVERY IN H2 AND OPEX OPTIMIZATION SUPPORTED IMPROVED OPERATING LEVERAGE

€ 93

€ 80

€ 73

€ 67

€ 158 € 158

€ 139

24H1 24H2 25H1 25H2 24H1 24H2 25H1 25H2

Note: Prior periods have been restated to exclude Caruso (discontinued operations) for comparability.

Opex includes marketing and selling expenses and general and administrative expenses. 7

NEW APPOINTMENTS MARKING THE OPENING OF AN EXCITING NEW CHAPTER

Joined St John Knits in 2019

most recently served as chief commercial officer, also held the role of senior VP of retail, wholesale, and buying

Overseeing the company's retail store strategy and broader commercial operations

held management roles at Intermix, Nike and Tesla

Joined Wolford as Deputy

CEO in July 2025

Senior executive with global experience across luxury, design, and consumer goods

Held leadership roles at Ermenegildo Zegna, Alessi, and Italian Creation Group

Founded a consultancy focused on international expansion and M&A advisory

STRATEGIES DELIVERED GROWTH

Source: Bain-Altagamma Luxury Goods Worldwide Market Study (Fall 2021-20th). Euromonitor. Section I 9

LANVIN GROUP'S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRAND'S CREATIVITY AND CORE SKILLS IN DESIGN AND PRODUCTION

SINCE

2025 Revenues - €78 million

% of Group Revenues - 33%

A Foundation of American Luxury; Building Wardrobes with Timeless yet Contemporary Style

SINCE

2025 Revenues - €57 million

% of Group Revenues - 24%

A Leader in French Haute Couture with a Rich Heritage

SINCE

2025 Revenues - €76 million

% of Group Revenues - 31%

Iconic Skinwear

Brand that Combines Luxury, Technology, and Premier Manufacturing

SINCE

2025 Revenues - €30 million

% of Group Revenues - 12%

A Forerunner in Design; Manufacturing Shoes and Accessories with Provocative, Modern Sophistication

Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 10

KEY STRATEGIES AND INITIATIVES IN BRAND, PRODUCT, CHANNEL AND REGION CONTINUE TO PROMOTE GROWTH

Back to brand DNAs and ethos

Focus on core iconic offerings

Continued investment in branding

Targeted brand collaborations

Increased accessory contribution

Successful category extension

Rebalanced store network

Light asset approach

Strengthened e-commerce channels

Digital infrastructure implementation

NIMBLE

APPROACH

DIGITAL

MIND-SET

START-UP

VALUE

UNICORN

TRACk RECORD

BRANDS' KEY STRATEGIES ACHIEVEMENTS

LANVIN GROUP

First collection under new creative leadership, setting the tone for a refined brand direction and reaffirming Lanvin's positioning on the global stage

Significant inventory reduction and tighter markdown control since H2 laying the groundwork for healthier margins and cleaner merchandising

Strategic store closures and network rationalization to refocus on high-productivity locations and improve overall network efficiency

Leadership evolution and back office organizational streamlining to enhance agility, strengthen execution, and better align the platform with long-term strategic priorities

Celebrate 75th anniversary through The Thread of Attitude, a global marketing project to amplify brand heritage and contemporary relevance

Strengthen the core collection through the introduction of new Essentials, reinforcing relevance and wearability alongside iconic signature pieces

Optimize the network by focusing on high-potential locations, strengthening DTC while maintaining selective wholesale

Enhance the webshop customer journey to improve discovery, navigation, and conversion, while elevating the in-store experience through an upgraded and more consistent store concept

Streamlined vendor portfolio, strengthened strategic supplier partnerships and resolved legacy payables

Continued retail network rationalization by focusing on higher-potential locations to optimize resource allocation

Advance the light-asset transition, enabling greater focus on product development and merchandising while mitigating production-related risks

Implemented restructuring measures to reduce fixed costs, uplift back-office efficiency, and improve flexibility

Upgraded e-commerce capabilities through strengthened team and new marketing partnerships, driving significant sales growth

Expanded and strengthened partnership with Nordstrom, delivering 40+% year-over-year growth through increased distribution

Expanded knitwear offering, driving improved full-price sell-through and reinforcing core brand strengths

Successful collaboration with global golf brand Malbon, broadening audience reach and enhancing brand awareness and client acquisition

STRIVING FOR PROFITABILITY

LANVIN GROUP

BRANDS COMPLETED RESTRUCTURING SHOW GREAT RESILIENCE THROUGH CHALLENGING MACRO-HEADWINDS

€ 292

-€ 25

€ 240

-€ 1

-€ 12

€ 387

2023

2024

Eliminations

2025

Note: Prior periods have been restated to exclude Caruso (discontinued operations) for comparability. 20

Disclaimer

Lanvin Group Holdings Ltd. published this content on April 30, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 30, 2026 at 10:31 UTC.