Apr. 30 at 11:20 AM
$LANV's FY2024 results show a 23% revenue drop to €329M, but gross margin held at 56% and G&A slashed 15%. Pain in EMEA/China, resilience in NA/Japan. 2025 bets on new creative leadership—Copping at Lanvin, Andrew at Sergio Rossi. 'Transitional year' or structural warning? Cash flow progress vs. widening EBITDA (-€92M).
https://www.prnewswire.com/news-releases/lanvin-group-demonstrates-strategic-resilience-in-challenging-luxury-market-lays-foundation-for-future-growth-302442475.html