Lanvin Group Annual Revenue Flat in 2023

Lanvin Group reported preliminary annual revenue last year that rose by 1 percent to €426 million ($461 million) last year, hamstrung by weakness at its flagship brand Lanvin, which has been without a designer since the April 2023 departure of former creative director Bruno Sialelli.

From 2022 to 2023, the Lanvin brand’s revenues fell 7 percent to €111.7 million. At its other brands, Wolford gained 1 percent, Sergio Rossi was down by 4…