Sergio Rossi news and archive

Struggles at Lanvin Group as parent company eyes asset sales

Fosun International’s efforts to build a global luxury portfolio under its fashion arm the Lanvin Group, may be in flux. The Chinese conglomerate, which spent the last decade acquiring high-end brands including Lanvin, Wolford, and St. John Knits, is now reported to be open to divesting from some of its fashion investments, highlighting the...

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Lanvin Group faces double-digit revenue decline in 'transitional year' 2024

The annual results for the Chinese fashion group Lanvin Group Holdings Limited are marked by a "transitional year" in which the company strategically adjusted its creative direction and operations. The owner of the Lanvin fashion house and the Wolford, Sergio Rossi, St. John, and Caruso brands reports a double-digit revenue decline for fiscal...

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Global luxury slowdown impacts Lanvin Group's H1 results

Lanvin Group with Lanvin, Wolford, Sergio Rossi, St. John and Caruso in its portfolio of brands, generated revenue of 171 million euros, a 20 percent decrease versus the prior year. The company said that the main drivers of revenue decline were global market softness coupled with a struggling wholesale market. The group expects a challenging...

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Paul Andrew named new creative director of Sergio Rossi

English designer Paul Andrew is the new creative director of Italian shoe brand Sergio Rossi. His debut collection for the brand is the fall 2025 collection, according to a press release from the brand. Andrew is no stranger to the fashion industry. In 2013, he started his eponymous fashion brand. The following year, he won the CFDA/Vogue...

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Lanvin Group maintains growth momentum in 2023

Lanvin Group full year revenue of 426 million euros, increased 1 percent; and gross profit was 251 million euros, representing a 59 percent gross margin, a 250 bps increase versus 2022. Commenting on the full year trading, Zhen Huang, chairman of Lanvin Group, said: "In reviewing our 2023, I thought back to the resiliency we showed during the...

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Lanvin Group manages to achieve marginal sales growth

Lanvin Group reported revenues of 426 million euros, a 1 percent increase versus 2022. Commenting on the company’s performance, Eric Chan, CEO of Lanvin Group, said: "2023 was a year full of macroeconomic headwinds and global challenges. A softening second half saw the luxury fashion industry in a position it has not been in, in quite some time....

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Evangelie Smyrniotaki exits as artistic director of Sergio Rossi

Evangelie Smyrniotaki, the artistic director of Sergio Rossi, has announced her intention to depart the Italian fashion brand. The designer confirmed the move in a post on Instagram, where she said that her chapter at the label had ended. Her statement continued: “It has been a great pleasure to work alongside the talented team and drive the...

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Sergio Rossi appoints Helen Wright as global CEO

Italian fashion brand Sergio Rossi has announced the appointment of Helen Wright as its new global chief executive officer, a role she succeeds from Paul Kotrba, who had served in the position on an interim basis since April. The news was confirmed by the luxury footwear house in a statement to Fashionnetwork, for which it noted that Wright had...

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Lanvin Group posts increase in H1 revenue, but losses widen

Luxury fashion group Lanvin has reported widening losses in the first half of the year despite a 6.4 percent increase in revenue. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted a H1 loss of 72.2 million euros compared to a loss of 68.7 million euros the prior year, while its...

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Lanvin Group posts 37 percent jump in FY sales

Luxury fashion group Lanvin confirmed Thursday it made record sales in 2022, up 37 percent from the prior year. The group, whose portfolio includes its namesake label as well as Sergio Rossi, Wolford, and St. John Knits, posted sales of 422.3 million euros in its audited results Thursday - that’s compared to sales of 308.9 million euros a year...

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NYFW: Area ‘Fabulous Fruits’ SS23

Area, the American luxury brand founded by Beckett Fogg and Piotrek Pansczczyk, presented its ‘see-now, buy-now’ spring/summer 2023 collection exploring the beauty and symbolism of fruits during New York Fashion Week. The brand, loved by the likes of Kendall Jenner, Bella Hadid, and Ariana Grande, examined the different stages of fruits, such as...

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Lanvin to open stores after cash-flush listing

With no debt and 150 million euros in the black after its New York listing last week, the Lanvin Group said it will open stores to accelerate growth. The Group, which operates Lanvin, Wolford, shoemaker Sergio Rossi and tailoring brand Caruso, may also look to other acquisitions to boost its portfolio and presence, Executive President and...