Lanvin

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Friday, March 15, 2024
DREAM, Specialization, Beauty, UGC, Social media, Lanvin, Interview, Thierry Mugler, Richemont, Creativity, Cosmetics, Marketing, Individual, PR, Consumer, The Spring Festival, Business, International, LVMH, Dream, Communication, Vacheron Constantin, Associate, White paper, Acquisition, Translation, Dior, Senior, Jewellery, Löwe, CHANEL, Spring Festival, Forecasting, Growth, Ogilvy (agency), Ecosystem, Fashion, TIARA, Collection, Bain & Company, Dragon, Retail

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Redefining and Developing New Opportunities for Luxury Marketing: XIAOHONGSHU and VOGUE Business Host China Digital Excellence Summit in Paris

Retrieved on: 
Friday, March 15, 2024
DREAM, Specialization, Beauty, UGC, Social media, Lanvin, Interview, Thierry Mugler, Richemont, Creativity, Cosmetics, Marketing, Individual, PR, Consumer, The Spring Festival, Business, International, LVMH, Dream, Communication, Vacheron Constantin, Associate, White paper, Acquisition, Translation, Dior, Senior, Jewellery, Löwe, CHANEL, Spring Festival, Forecasting, Growth, Ogilvy (agency), Ecosystem, Fashion, TIARA, Collection, Bain & Company, Dragon, Retail

PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.

Key Points: 
  • PARIS, March 15, 2024 /PRNewswire/ -- China's leading social media and lifestyle platform XIAOHONGSHU x VOGUE Business host the China Digital Excellence Summit and Gala Dinner during Paris Fashion Week 2024, on March 4th and 5th.
  • To harness the vast opportunities presented by the expanding Chinese market, global luxury brands are pivoting towards digital transformation and prioritizing their online marketing strategies.
  • XIAOHONGSHU boasts capabilities in forecasting fashion trends, providing insights into consumer preferences, fostering emotional connections with consumers, developing localization strategies, and driving digital innovation.
  • The summit commenced with a keynote interview featuring VOGUE Business' Paris correspondent Laure Guilbault and Mugler's managing director Adrian Corsin.

Lanvin Group Resiliency was Key in 2023, Preliminary Revenues Up 1% Year-on-Year

Retrieved on: 
Wednesday, February 21, 2024
Leather, Lanvin, Rationalization, Grammy Awards, Marketing, Growth, Overalls, Digital, Accessory, Workforce, DTC, Tourism

The Group drove results through a softening market in the second half: Lanvin Group maintained growth through a transitional year with 1% year-on-year growth.

Key Points: 
  • The Group drove results through a softening market in the second half: Lanvin Group maintained growth through a transitional year with 1% year-on-year growth.
  • Successful product launches and marketing campaigns generated brand heat allowing for resiliency in revenues during a challenging market.
  • Lanvin brand showed improving result in the second half: Lanvin brand performed better in the second half of the year in spite of the increasingly softening market.
  • As previously announced, today at 8:00AM EST/9:00PM CST/2:00PM CET, Lanvin Group will host a conference call to discuss its preliminary revenues for the full-year 2023 and provide an outlook for 2024.

Maison Margiela, Marni, Jil Sander, Balmain, and Giorgio Armani Debut New Boutiques at South Coast Plaza

Retrieved on: 
Thursday, January 18, 2024
Jewelry, Fashion, Luxury, Retail, Department Stores, Cartier, OTB, Collection, BVLGARI, Dior, Coffee, Palm Angels, News, Lanvin, Balenciaga, Hotel

In a first for South Coast Plaza, international fashion group OTB debuted three of its fashion brands simultaneously in adjacent boutiques.

Key Points: 
  • In a first for South Coast Plaza, international fashion group OTB debuted three of its fashion brands simultaneously in adjacent boutiques.
  • Maison Margiela , Marni , and Jil Sander debuted on the lower level of the Saks Wing at South Coast Plaza, just off of Jewel Court.
  • The newly designed and relocated Giorgio Armani boutique at South Coast Plaza was designed by Giorgio Armani himself, in collaboration with his team of architects.
  • Plus, one of South Coast Plaza’s earliest luxury brands returns when Courrèges, which first came to South Coast Plaza in the 1970s, opens in 2024.

Lanvin Group Announces New CEO

Retrieved on: 
Friday, December 8, 2023
NYSE, Season, Fosun International, Sergio Rossi, CB, Lanvin, Canary Wharf Group, Growth, LANV, MTR Corporation, Welk Resort Group, CBRE Group, Management

The board of Lanvin Group expressed its deep appreciation for Joann Cheng's dedication to the group since its founding and wished her the best in her future career.

Key Points: 
  • The board of Lanvin Group expressed its deep appreciation for Joann Cheng's dedication to the group since its founding and wished her the best in her future career.
  • Joann Cheng, outgoing Chairman and CEO of Lanvin Group, said, "The past six years at Lanvin Group have been some of the most fulfilling of my career.
  • Huang Zhen, Chairman of Lanvin Group, said, "We are delighted to welcome Eric Chan as Lanvin Group's new CEO.
  • Eric Chan, CEO of Lanvin Group, said, "I am delighted to be joining Lanvin Group at this exciting time in its development.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Net Sales

Retrieved on: 
Monday, October 23, 2023
Fashion, Luxury, Cosmetics, Retail, Department Stores, GUESS, DKNY, Montblanc, Growth, Kate Spade, Collection, Salvatore Ferragamo S.p.A., Lanvin, Coach, Abercrombie, Fashion design, Love

At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.
  • “Our European based operations grew sales 18% during the third quarter, and all of our brands achieved top line growth.
  • Sales of our three largest brands, Coach, Montblanc, and Jimmy Choo increased by 32%, 20% and 6%, respectively.
  • We believe we are well positioned to meet the demand of our retailers and consumers on our way to another record year.”
    An update on the Company’s full-year 2023 guidance will be announced in conjunction with the issuance of third quarter 2023 consolidated results.

Lanvin Group Posts 6.4% Y-o-Y Revenue Growth In H1 2023

Retrieved on: 
Wednesday, August 30, 2023
DTC, Communication, CET, Use, Saint John's, Marketing, Bank statement, Art, Tax, Woman, Absorption, IP, EBIT, Definition, EBITDA, Itochu, Annual report, Collection, Creative, Issey Miyake, Investment, Artistic director, Grammy Awards, Madison Avenue, Depreciation, Growth, OPEX, W, Cerruti 1881, Saint John, Creative consultant, Adjustment, Maisons, Video game, Retail, Hatmaking, Music, Cryptocurrency, Pharmaceutical industry, Lanvin, Wholesaling

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.

Key Points: 
  • Lanvin: Revenue decreased from €64 million in H1 2022 to €57 million in H1 2023, mainly due to its focus on a creative transition as well as comparatively fewer key product and marketing initiatives in H1 2023 versus H1 2022.
  • Wolford: Revenue grew at 8.4% increasing from €54 million in H1 2022 to €59 million in H1 2023.
  • Sergio Rossi: Sergio Rossi revenue increased from €27 million in H1 2022 to €33 million in H1 2023, a growth of 22.4%.
  • St. John: Revenue grew from €42 million in H1 2022 to €47 million in H1 2023, a growth of 11.3%.

Investor Open Day: Fosun Implements Business Streamlining and Resilience Building Strategy, Focusing on Core Businesses to Bring New Vitality

Retrieved on: 
Friday, June 9, 2023
Lanvin, Bank of Communications, BlackRock, CICC, GF Securities, European, UBS, Biosimilar, Relaxation, BLA, Mining, The Bund Finance Center, Carcinoma, China Construction Bank, Tourism, Bank of China, Face, Culture, Commercial bank, Yuyuan Tourist Mart, Innovation, Research, Agricultural Bank of China, FTG, Growth, FDA, Empowerment, S&P Global Ratings, Industrial and Commercial Bank of China, Club Med, Communication, Agricultural Bank, Health, J.P. Morgan & Co., BFC, Fosun Pharma, Industrial, Social services, S&P Global, Person, Bank, Annual report, Regulation of tobacco by the U.S. Food and Drug Administration, Food, Security (finance), Management, Renewable energy, Pharmaceutical industry, Fine chemical, Fosun International, EU

It was the first time that Fosun International had held a large-scale offline open day after the pandemic.

Key Points: 
  • It was the first time that Fosun International had held a large-scale offline open day after the pandemic.
  • The investor relations team of Fosun International gave investors an in-depth tour of Fosun Pharma headquarters, the Grand Yuyuan, the Bund Finance Center (BFC), etc.
  • After winning out over the "perfect storm" in 2022, Fosun has been maintaining its strategic focus and accelerating the implementation of the business streamlining and core business-focused strategy.
  • As of the end of March 2023, Fosun successfully brought down holding-company debt by about RMB24.0 billion to RMB93.0 billion.

FARFETCH Announces New Guards Group Management Changes

Retrieved on: 
Thursday, June 1, 2023
Fashion, Online Retail, Retail, Luxury, Technology, Electronic Commerce, Lanvin, Energy Market Authority, NGG, Palm Angels, Vogue, Emotion, Shades of white, Creativity, Acquisition, Dubai Design and Fashion Council, Growth, Nike, Creative director, Management, Fashion design, Reebok

She maintains her role as Group President, FARFETCH.

Key Points: 
  • She maintains her role as Group President, FARFETCH.
  • “New Guards has performed extremely well since 2019, and has continued to execute on its strategy with the recent launch of Reebok.
  • I leave behind a resilient, dynamic, and robust group that I'm confident will continue to flourish and uphold our shared vision.
  • NGG, today more than ever and thanks to the involvement and support of FARFETCH, is in an incredible position.

Lanvin Group Posts Record Sales and Continued Margin Improvement in 2022. Revenues Up 37% Year-over-Year.

Retrieved on: 
Thursday, April 20, 2023
DTC, Communication, Wolford, CET, Nut, Marketing, Bank statement, Tax, E-commerce, EBIT, Economics, Definition, EBITDA, Acquisition, Investment, Annual report, Depreciation, Contribution, Growth, Digital, Adjustment, Greater China, Video game, Retail, Cryptocurrency, Pharmaceutical industry, Lanvin

Continued positive progress with margin profile: Margins at all levels, Gross, Contribution, and Adjusted EBITDA all saw improvement in 2022.

Key Points: 
  • Continued positive progress with margin profile: Margins at all levels, Gross, Contribution, and Adjusted EBITDA all saw improvement in 2022.
  • Operational improvement strategies implemented in 2022 began to show results in the second half of the year, resulting in continued margin profile improvement that will have significant impact in 2023.
  • Lanvin: Gross profits increased to €61 million, at a margin of 50%, from €34 million, at a margin of 47%, in 2021.
  • Many of the "nuts and bolts" initiatives started in 2022 will reach completion in 2023 resulting in continued margin improvement.