Lanvin Group reported a modest 1 per cent increase in revenue, reaching €426 million (~$454.6 million) in FY23, with gross profit rising to €251 million (~$267.8 million), achieving a 59 per cent margin.
The company’s e-commerce sales increased by 3 per cent in FY23, despite a slight downturn in overall direct-to-consumer and wholesale channels.Lanvin Group reported a modest 1 per cent increase in revenue, reaching €426 million (~$454.6 million) in FY23, with gross profit rising to €251 million (~$267.8 million), achieving a 59 per cent margin.
The company’s e-commerce sales increased by 3 per cent in FY23, despite a slight downturn in overall direct-to-consumer and wholesale channels.
