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.
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