Editor
Lanvin Group’s revenue decreased 20 percent year over year to €171 million ($191 million) in the first half of 2024. The company, like many operators in the luxury sector, attributed its slowdown to lagging demand in China and Europe and disappointing sales with retail partners.
The group — which owns its flagship brand Lanvin, along with shoe maker Sergio Rossi, knitwear seller St. John and intimates brand Wolford — also generated a…
