| Lanvin Group Holdings Limited (LANV) Q4 2024 Earnings Call Transcript |
Lanvin Group Holdings Limited (NYSE:LANV ) Q4 2024 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants David Chan - Executive President & Chief Financial Officer Andy Lew - Executive President Conference Call Participants Operator Thank you for joining us and welcome to the Lanvin Group's Fiscal Year 2024 Financial Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-04-30 16:19:39 |
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| Lanvin Group Demonstrates Strategic Resilience in Challenging Luxury Market, Lays Foundation for Future Growth |
The Group reported revenue of €329 million in FY2024, down 23% over FY2023, reflecting a transitional year marked by creative evolution and strategic realignment amid market headwinds Gross profit margin remained stable at 56%, supported by disciplined pricing, a higher mix of DTC sales, and improved inventory management Operational efficiency improved, with G&A expenses reduced by 15% and working capital turnover showing steady progress Strategic store optimization continued, with disciplined new retail openings and underperforming locations consolidation, reinforcing the Group's focus on core and high-potential markets Sustained performance in Japan and North America contrasts with EMEA and Greater China, where proactive adjustments made to address dynamic market shifts 2025 stands as a pivotal milestone, where the Group's sharpened leadership and visionary creativity unlock fresh momentum across its portfolio, setting the stage for dynamic renewal and long-term growth NEW YORK , April 30, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, today announced its results for the full-year 2024. The Group achieved revenue of €329 million, a 23% decrease year-over-year versus 2023; and gross profit of €183 million, representing a relatively stable gross margin of 56%. |
prnewswire.com |
2025-04-30 11:00:00 |
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| Lanvin Group to Report 2024 Full-Year Audited Results on April 30, 2025 |
NEW YORK , April 18, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, will release its audited results for the full-year 2024 on Wednesday, April 30, 2025. On the same day, at 8:00 a.m. |
prnewswire.com |
2025-04-18 10:00:00 |
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| Lanvin Group Holdings Limited (LANV) 2024 Sales/Trading Statement Call Transcript |
Lanvin Group Holdings Limited (NYSE:LANV ) 2024 Sales/Trading Statement Call February 28, 2025 8:00 AM ET Company Participants David Chan - Executive President and Chief Financial Officer Andy Lew - Executive President Conference Call Participants Operator Thank you for joining us, and welcome to the Lanvin Group Fiscal Year 2024 Revenues Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2025-02-28 12:12:10 |
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| Lanvin Group Prioritizes Creative Renewal and Operational Agility Amid Evolving Luxury Landscape |
Revenue of €328 million in FY2024, a 23% decrease over FY2023, reflecting a transitional year marked by creative evolution and strategic realignment amid market headwinds St. John and Caruso demonstrate resilience and stability, other brands undergo renewal to redefine their market positioning Steady performance in Japan and North America; EMEA and Greater China adapt to shifting market dynamics 2025 poised to be the cornerstone of future development, with a strengthened leadership team and bold creative visions set to reinvigorate the Group's portfolio NEW YORK , Feb. 28, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, St. John, Sergio Rossi, and Caruso in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2024. The Group reported revenues of €328 million, a 23% decrease year-over-year versus 2023, reflecting a transitional year as the Group strategically realigned its creative direction and operations to position itself for sustainable long-term growth in a dynamic global market. |
prnewswire.com |
2025-02-28 09:30:00 |
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| Lanvin Group to Report 2024 Full-Year Preliminary Revenues on February 28, 2025 |
NEW YORK , Feb. 17, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, today opened registration for its 2024 revenue results conference call. The Group will release its unaudited revenues for the full-year 2024 on Friday, February 28, 2025. |
prnewswire.com |
2025-02-17 07:00:00 |
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| Lanvin Group Announces Leadership and Board Changes to Accelerate Growth and Strategic Initiatives |
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Lanvin Group (NYSE: LANV) (the "Company") today announced key leadership and board changes designed to strengthen its position in the luxury fashion industry and further advance its strategic goals. These changes reflect the Company's ongoing commitment to cultivating a dynamic, experienced leadership team capable of driving innovation and sustainable growth in a rapidly evolving market. |
prnewswire.com |
2025-01-16 10:00:00 |
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| Lanvin Group Holdings Limited to Hold Annual General Meeting on December 11, 2024 |
NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Lanvin Group Holdings Limited (NYSE: LANV, the "Company" or "Lanvin Group"), a global luxury fashion group, today announced that it will hold its annual general meeting of the shareholders (the "AGM") virtually through a live webcast and teleconference on December 11, 2024 at 9:00 AM EST. No proposals will be submitted for shareholder approval at the AGM. |
prnewswire.com |
2024-11-19 07:00:00 |
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| Lanvin Group Holdings Limited (LANV) Q2 2024 Earnings Call Transcript |
Lanvin Group Holdings Limited (NYSE:LANV ) Q2 2024 Earnings Conference Call August 26, 2024 8:00 AM ET Company Participants Eric Chan - CEO David Chan - Executive President and CFO Conference Call Participants Tracy Kogan - Citi Operator Thank you for joining us, and welcome to the Lanvin Group's 2024 First Half Financial Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-08-26 14:22:06 |
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| Lanvin Group Posts Revenue of €171 million in H1 2024 |
Global Challenges Impact First-Half Results Group Revenue was €171 million for H1 2024, a 20% decrease over H1 2023 Group Gross profit margin remained steady, declining just 1% to 57.5%, and Lanvin, St. John and Caruso all showed marked gross profit margin improvement from better full-price sell-through and strategic inventory management Global luxury market softness particularly impacted revenue in EMEA and Greater China; as did the Wholesale Channel; Lanvin brand showed strong growth in APAC, outside of Greater China, with 9% growth Wolford revenue and margin was impacted by a significant shipping delay due to integration issues with a new logistics provider; and Sergio Rossi saw a planned rationalization of third-party production resulting in lower revenue Strategic actions were taking in H1 2024 to ensure our brands' long-term competitiveness globally, including the appointment of Peter Copping as Lanvin's new Artistic Director; appointment of Regis Rimbert as Wolford's CEO; and the optimization of production and supply chain management for Sergio Rossi Adjusted EBITDA held steady, decreasing only €1 million, period-over-period due to proactive cost management initiatives All brands remained committed to improving cost structure while continuing to tactically invest in marketing for upcoming campaigns NEW YORK , Aug. 26, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, today announced its results for the first half of 2024. Despite facing macroeconomic pressures in the global luxury market, the Group continued to drive its innovative strategies and remained focused on the long-term development of its brands. |
prnewswire.com |
2024-08-26 10:00:00 |
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| SERGIO ROSSI APPOINTS PAUL ANDREW CREATIVE DIRECTOR |
MILAN, July 24, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, announced today that Sergio Rossi, an Italian luxury footwear brand, has appointed Paul Andrew as Creative Director. A leading voice in the new generation of design talent, Paul Andrew cultivated his aesthetic and technical expertise alongside Donna Karan, Calvin Klein, Narciso Rodriguez, and the late Alexander McQueen. |
prnewswire.com |
2024-07-24 13:13:00 |
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| LANVIN APPOINTS PETER COPPING ARTISTIC DIRECTOR |
NEW YORK , June 27, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, announced today that Lanvin, Lanvin Group's flagship brand and the oldest continually operating couture house in France, has appointed Peter Copping as Artistic Director. He will take the role as the creative lead for womenswear and menswear collections, starting from September 2024. |
prnewswire.com |
2024-06-27 13:30:00 |
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| Regis Rimbert Named CEO of Wolford AG |
NEW YORK , June 13, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, announced today that Regis Rimbert has been appointed as CEO of Wolford AG by the Wolford AG's Supervisory Board, effective from June 14th, 2024. He succeeds Silvia Azzali, who has chosen to leave the company for personal reasons. |
prnewswire.com |
2024-06-13 13:45:00 |
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| Lanvin Group Holdings Limited (LANV) Q4 2023 Earnings Call Transcript |
Lanvin Group Holdings Limited (NYSE:LANV ) Q4 2023 Earnings Conference Call April 30, 2024 8:00 AM ET Company Participants Eric Chan - Chief Executive Officer David Chan - Executive President & Chief Financial Officer Siddhartha Shukla - Deputy Chief Executive Officer, Lanvin Brand Silvia Azzali - Chief Executive Officer, Andy Lew - Chief Executive Officer, St. John Conference Call Participants Tracy Kogan - Citi Doug Lane - Water Tower Research Operator Thank you for joining us and welcome to the Lanvin Group's Fiscal Year 2023 Financial Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-04-30 15:56:03 |
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| Lanvin Group Shows Resiliency in Sales and On-Track Margin Improvement in 2023 |
Revenue Continues Year-o ver -Year Growth Trend Revenue of €426 million for FY2023, a 1% increase over FY2022 despite macroeconomic headwinds Continued margin improvement with Group gross profit margin increasing to 59% and both contribution profit(1) and adjusted EBITDA margins steadily improving Resilient performance of the brands through challenging market environment; Lanvin brand showed improving trend in the second half of the year while overall industry faced strong headwinds Steady regional performance highlighted by nearly 8% growth in APAC Improving store metrics with steady DTC revenue on a lower base of stores showed footprint rationalization strategy on track; first Middle East Lanvin location opened in Riyadh with two more anticipated in the coming months On track for cashflow breakeven in 2025 with Caruso achieving breakeven Adjusted EBITDA in 2023 and two additional brands expected to achieve Adjusted EBITDA breakeven in 2024 NEW YORK , April 30, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, today announced its results for the full-year 2023. The Group achieved revenue of €426 million, a 1% increase year-over-year versus 2022; and gross profit of €251 million, representing a 59% gross margin and a 250bps increase versus 2022. |
prnewswire.com |
2024-04-30 10:00:00 |
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| Lanvin Group to Report 2023 Full-Year Audited Results on April 30, 2024 |
NEW YORK , April 22, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, will release its audited results for the full-year 2023 on Tuesday, April 30, 2024. On the same day, at 8:00 a.m. |
prnewswire.com |
2024-04-22 10:00:00 |
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| Lanvin Group Resiliency was Key in 2023, Preliminary Revenues Up 1% Year-on-Year |
Revenue of €426 million for FY2023, a 1% increase over FY 2022 Despite challenging conditions, Lanvin Group grew revenue by 8% in APAC Resiliency through creative transition at Lanvin brand helped improve sales trend in the second half of 2023 Positive signals in the DTC channel, including e-Commerce are proving the effectiveness of the Group's strategy Ongoing implementation of strategic plans in 2023 to drive further revenue growth and margin improvement NEW YORK , Feb. 21, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, St. John, Sergio Rossi, and Caruso in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2023. The Group achieved revenues of €426 million, a 1% increase year-over-year versus 2022. |
prnewswire.com |
2024-02-21 07:00:00 |
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| Lanvin Group to Report 2023 Full-Year Preliminary Revenues on February 21, 2024 |
NEW YORK , Feb. 6, 2024 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, today opened registration for its 2023 revenue results conference call. The Group will release its unaudited revenues for the full-year 2023 on Wednesday, February 21, 2024. |
prnewswire.com |
2024-02-06 07:00:00 |
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| Lanvin Group Holdings Limited to Hold Annual General Meeting on December 21, 2023 |
NEW YORK , Dec. 8, 2023 /PRNewswire/ -- Lanvin Group Holdings Limited (NYSE: LANV, the "Company" or "Lanvin Group"), a global luxury fashion group, today announced that it will hold its annual general meeting of the shareholders (the "AGM") virtually through a live webcast and teleconference on December 21, 2023 at 9:00 AM EST. No proposals will be submitted for shareholder approval at the AGM. |
prnewswire.com |
2023-12-08 08:43:00 |
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| Lanvin Group Announces New CEO |
NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The board of Lanvin Group (NYSE: LANV) today announced that Joann Cheng, the group's founding Chairman and Chief Executive Officer, has informed the board that she has decided to step down from her roles to pursue new endeavours outside the group. Consequently, the board has appointed Mr. |
prnewswire.com |
2023-12-08 07:00:00 |
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| Lanvin Group Posts 6.4% Y-o-Y Revenue Growth In H1 2023 |
Group's Resilient Business Model Sees Growth Across All Channels and Geographies Group Revenue of €215 million for H1 2023, a 6.4% increase over H1 2022 Group Gross Profit Margin improved to 58.5% and Contribution Profit Margin(1) up significantly to 6.9%; on track to achieve Adjusted EBITDA breakeven in FY2024 Group Revenue increased in all channels and geographies, with Greater China growing by 13.9% Flagship brand Lanvin utilized the first half to transition its creative direction and establish its future; the four brands, excluding Lanvin continued with solid growth of 14.7%, collectively Reacquisition of Lanvin's Japan trademarks successfully completed in March NEW YORK , Aug. 30, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, today announced its results for the first half of 2023. The Group achieved revenue of €215 million, a 6.4% increase period-over-period versus 2022; and gross profit of €125 million, representing a 58.5% gross profit margin, up from €113 million, and 55.9% gross profit margin in the first half of 2022. |
prnewswire.com |
2023-08-30 09:33:00 |
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| Lanvin Group to Report 2023 First-Half Results on August 30, 2023 |
NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, will release its unaudited results for the first half of 2023 on Wednesday, August 30, 2023. On the same day, at 8:00 a.m. |
prnewswire.com |
2023-08-16 09:00:00 |
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| Lanvin Group to Report 2022 Full-Year Audited Results on April 20, 2023 |
NEW YORK , April 10, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, will have its first audited results conference call since its public listing. The Group will release its audited results for the full-year 2022 on Thursday, April 20, 2023. |
prnewswire.com |
2023-04-10 10:00:00 |
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| Lanvin's IPO Strengthens The Fall Winter 2023 Collection |
Creative Director Bruno Sialelli's latest offering for the 134-year-old houses singled wearable merchandise with a high interest quotient. |
forbes.com |
2023-03-06 15:26:30 |
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| Lanvin Group to Report 2022 Full-Year Preliminary Revenues on February 17, 2023 |
NEW YORK , Feb. 10, 2023 /PRNewswire/ -- Lanvin Group (NYSE: LANV, the "Group"), a global luxury fashion group, today opened registration for its first revenue results conference call since its public listing. The Group will release its unaudited revenues for the full-year 2022 on Friday, February 17, 2023. |
prnewswire.com |
2023-02-10 10:00:00 |
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| Newly Listed Lanvin Leaves Investors Blowing Hot And Cold |
Big volatility in Lanvin's shares since its SPAC listing last month reflects the many uncertainties hanging over the company. The volatility is likely to continue until some of the uncertainties become clearer, including the state of China's luxury market and financial condition of Lavin's struggling Chinese parent. |
seekingalpha.com |
2023-01-09 04:30:00 |
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