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Luxury Giant Lanvin Group Experiences 22% Revenue Drop Amid Global Luxury Demand Downturn
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Luxury Giant Lanvin Group Experiences 22% Revenue Drop Amid Global Luxury Demand Downturn
read the original version on: www.retailnews.asia Lanvin Group, which houses well-known luxury brands such as Lanvin, Wolford, Sergio Rossi, St John, and Caruso, recorded a decrease in revenue during the first half of the year. The group reported US$155.6 million in revenue, marking a 22% drop in comparison to the previous year. The drop was largely attributed to a global decrease […] The post Luxury Giant Lanvin Group Experiences 22% Revenue Dr…
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