Lanvin Group announces 2024 earnings release date

Published 18/04/2025, 11:36
Lanvin Group announces 2024 earnings release date

SHANGHAI, April 18, 2025 – Lanvin Group Holdings Ltd (the "Company"), a leader in the apparel and finished products industry with a market capitalization of $260 million, announced today that it will release its full-year earnings for the year ended December 31, 2024, on April 30, 2025. According to InvestingPro data, the company currently maintains a WEAK financial health score, with significant debt concerns and declining revenues. This announcement was made in a Form 6-K filing with the United States Securities and Exchange Commission.

The Shanghai-based company, with its principal executive offices located at 4F, 168 Jiujiang Road, Carlowitz & Co, Huangpu District, is incorporated in state E9 and operates under the Standard Industrial Classification (SIC) code 2300, which pertains to Apparel & Other Finished Products of Fabrics & Similar Material.

As a foreign private issuer, Lanvin Group Holdings Ltd adheres to the SEC regulation by filing annual reports under the cover of Form 20-F. The Company’s Chief Financial Officer, Kat Yu David Chan, signed the report, ensuring compliance with the requirements of the Securities Exchange Act of 1934.

Investors and stakeholders are advised to mark April 30, 2025, on their calendars for the comprehensive disclosure of the company’s financial performance. The forthcoming earnings report is expected to provide valuable insights into Lanvin Group’s financial health and operational achievements throughout 2024. InvestingPro subscribers can access 15+ additional exclusive insights and a comprehensive Pro Research Report, offering deep analysis of the company’s financial metrics and future prospects.

The information provided in this article is based on the statements made in the press release by Lanvin Group Holdings Ltd to the SEC. The release of the company’s full-year earnings will be a significant event for shareholders and the financial community, particularly given the company’s current debt-to-equity ratio of 3.14 and revenue decline of 12% in the last twelve months. The upcoming report will offer a detailed look at the company’s fiscal standing and future prospects.

In other recent news, Lanvin Group Holdings Ltd reported a significant decline in revenue for the fourth quarter of 2024. The company experienced a 23% drop in total revenue compared to the previous year, amounting to €328 million. This downturn was attributed to ongoing macroeconomic challenges impacting the luxury fashion sector. Notably, Lanvin’s flagship brand saw a 26% decrease in revenue, while other brands like Warfar and Sergio Rossi also faced substantial declines. The company has appointed new leadership to drive innovation and growth, aiming to counter these challenges. Despite the revenue drop, Lanvin Group remains optimistic about a return to sales growth in 2025, focusing on strategic partnerships and product innovation. The company is also establishing a second European headquarters to enhance operational efficiency. Lanvin Group’s recent developments indicate a strategic shift to navigate the current economic landscape and improve its market presence.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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