Lanvin Group increased its turnover by 73% in the first half of 2022.


The growth of luxury groups continues through the latest financial results of the firm, driven by its eponymous brand.

202 million euros in turnover.

The Chinese entity – formerly Fosun Fashion Group – announced its balance sheet for the first six months of the year, ending June 30, 2022. The luxury fashion company, which includes beautiful brands such as Lanvin, Sergio Rossi, St. John, Wolford and Caruso, finished the semester with a revenue growth of 73% compared to the same period of the previous year. This increase raised its turnover to 202 million euros: “record results” as stated by Joann Cheng, CEO of Lanvin Group, after a year 2021 driven by a turnover of 339 million euros.

Performances closely linked to Europe, North America and Asia which, despite tense geopolitical and health contexts, recorded a 91%, 58% and 194% increase in their revenues respectively.

To support this growth in all territories, the group was able to rely on its Lanvin brand, whose sales increased by 117% from one year to the next, to 64 million euros. The house, led by Bruno Sialelli, experienced an increase in revenues of 201% and 235% in its flagship European and North American markets, while the wholesale channel saw its attractiveness increase by 260%. This growth stems from a refocusing on its leather goods and footwear segments, and the overall dynamism of its assortment of ranges. Witness the co-creation of the Lanvin Blanc brand, in August 2022, dedicated to golf clothing.

For its part, Worlford ended the half with a turnover of 54 million euros – +29% -, notably boosted by North America and the retail channel. It should be noted that the group benefited from the results of its newcomer Sergio Rossi, acquired in June 2021, and continues to remain open to brand takeover opportunities to strengthen its portfolio.

A new paying strategy.

In addition to its houses, the distribution of Lanvin Group was characterized by wholesale sales up 89%, followed by own sales up 66% at the end of the semester. The firm also affirmed the solidity of its online market, like the good positioning of the Lanvin house on the Chinese e-commerce platforms JD.com and RED Mall.

The restructuring of Lanvin Group started a few years ago therefore seems to be bearing fruit. After announcing its ambition to go public in early 2022, the company continues to refine its development strategy. A profitable roadmap which also appeals to investors. Indeed, the Lanvin group indicated, in parallel with its half-year results, that the South Korean company Meritz Securities Co had undertaken to invest between 50 and 75 million dollars in the company. While other transactions should soon be put in place, the firm could receive $290 million in new capitalmassively encouraging the growth of its houses.


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