Lanvin Group posts modest annual sales growth as demand softens
Lanvin Group has reported an unaudited revenue of €426 million (US$461 million) for the full year 2023, up 1 per cent year on year.
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Lanvin Group has reported an unaudited revenue of €426 million (US$461 million) for the full year 2023, up 1 per cent year on year.
Joann Cheng has departed the company to pursue “new endeavours outside the group” after six years of building the fashion empire.
Lanvin Group named Eric Chan its new CEO and Huang Zhen its new chairman. Joann Cheng, the group’s founding chairman and CEO, is stepping down.
Lanvin Group – home to Lanvin, Sergio Rossi, and Caruso – named Eric Chan its new CEO, and Huang Zhen, its new chairman, effective immediately.
Shanghai-based luxury fashion business Lanvin Group says revenue in all channels and markets grew in the first half.