Lanvin Group Holdings Limited (NYSE:LANV ) Q4 2024 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants David Chan - Executive President & Chief Financial Officer Andy Lew - Executive President Conference Call Participants Operator Thank you for joining us and welcome to the Lanvin Group's Fiscal Year 2024 Financial Results Conference Call. All participants will be in listen-only mode.

04/30/2025

The Group reported revenue of €329 million in FY2024, down 23% over FY2023, reflecting a transitional year marked by creative evolution and strategic realignment amid market headwinds Gross profit margin remained stable at 56%, supported by disciplined pricing, a higher mix of DTC sales, and improved inventory management Operational efficiency improved, with G&A expenses reduced by 15% and working capital turnover showing steady progress Strategic store optimization continued, with disciplined new retail openings and underperforming locations consolidation, reinforcing the Group's focus on core and high-potential markets Sustained performance in Japan and North America contrasts with EMEA and Greater China, where proactive adjustments made to address dynamic market shifts 2025 stands as a pivotal milestone, where the Group's sharpened leadership and visionary creativity unlock fresh momentum across its portfolio, setting the stage for dynamic renewal and long-term growth NEW YORK , April 30, 2025 /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 full-year 2024.  The Group achieved revenue of €329 million, a 23% decrease year-over-year versus 2023; and gross profit of €183 million, representing a relatively stable gross margin of 56%.

04/30/2025