French luxury fashion house Lanvin Group has posted revenue of €133 million (~$154.3 million) in the first half (H1) of 2025, ended June 30, marking a 22 per cent decline year-on-year, as luxury markets faced softer demand in EMEA and Greater China. Gross profit stood at €72 million (~$83.5 million) with a 54 per cent margin, supported by disciplined inventory management. Adjusted EBITDA was -€52 million (~-$60.3 million) versus -€42 million in H1 2024, reflecting margin pressure despite cost optimisation.

Lanvin Group’s H1 2025 revenue fell 22 per cent to €133 million (~$154.3 million), with gross profit at €72 million (~$83.5 million).
Lanvin dropped 42 per cent, Wolford 23 per cent, Sergio Rossi 25 per cent, while St John held flat and Caruso slipped 11 per cent.
Cost cuts, retail optimisation, and new creative leadership are set to drive recovery in H2 2025.

Lanvin revenue dropped 42 per cent during a creative transition, with strong retail in EMEA and a rebound in North America e-commerce ahead of Peter Copping’s first collection. Wolford fell 23 per cent, impacted by logistics transitions, though wholesale grew 14 per cent; a 75th anniversary push is planned under deputy CEO Marco Pozzo.

Sergio Rossi’s revenue fell 25 per cent, but Q2 retail rose 17 per cent and e-commerce 10 per cent; Paul Andrew’s debut collection is due in H2. St John remained resilient, with flat revenue, 4 per cent growth in North America, and an 11 per cent wholesale increase, maintaining a 69 per cent margin. Caruso declined 11 per cent, though its proprietary brand continued growth, the company said in a release.

“Despite a challenging luxury market in the first half, we remained disciplined in cost management and strategic streamlining, responsive to market dynamics, and steadfast in our commitment to unlocking the long-term potential of our brands. With new creative leadership and continued investment in product innovation, we are well positioned to capture opportunities as the market environment improves,” said Zhen Huang, chairman of Lanvin Group.

Since H1 2023, G&A expenses have been cut by 35 per cent at St John, 27 per cent at Wolford, and 25 per cent at Sergio Rossi. Retail network optimisation launched in 2024 continues to deliver efficiencies.

St John CEO Andy Lew became executive president of Lanvin Group in January 2025, driving a new European headquarter initiative. Wolford and St John reinforced leadership with senior hires. Peter Copping’s Paris Fashion Week debut and Paul Andrew’s upcoming Sergio Rossi collection are expected to drive brand revitalisation.

The Group expects H2 2025 to remain challenging but sees momentum from new collections, cost efficiencies, retail optimisation, and wholesale partnerships. Strategic investment in product, marketing, and operations aims to strengthen positioning as luxury markets stabilise.

“In the first half, our focus was on operational discipline and laying the foundation for future growth. With fresh creative direction across our houses, supported by targeted marketing and refined channel strategies, we expect to build brand momentum and increase consumer engagement in the second half. We remain agile and execution-focused as we strengthen brand desirability and prepare for recovery,” Andy Lew, executive president of Lanvin Group, said.

Fibre2Fashion News Desk (HU)

Fibre2Fashion Pvt Ltd, a leading global B2B, market intelligence and media platform for the textile and apparel industry, will host a webinar titled ‘Textile & Apparel Sourcing in Crisis: Tariffs, Price Pressures, Retail Fallout & the Consumer Impact’ on September 23, 2025, at 03:00 PM IST.

Fibre2Fashion will host a webinar ‘Textile & Apparel Sourcing in Crisis’ on September 23, 2025, at 03:00 PM IST.
The session will address tariffs, price pressures, retail fallout, and consumer shifts impacting sourcing.
Speakers will unpack cost drivers, assess retail dynamics, and share practical strategies, followed by a live Q&A.

This session by TexPro—a division of Fibre2Fashion—comes at a time when global textile and apparel sourcing is under severe pressure. Brands and manufacturers face rising supplier costs, volatile orders with shorter lead times, capacity mismatches, retail disruption through promotions, write-downs and closures, and fragile lead times from logistics bottlenecks. Key indicators such as fibre/yarn indices, freight rates, CPI, and consumer confidence are shaping industry sentiment.

The webinar will break down the macro and operational drivers of the crisis, including inflation, tariffs, cost of capital, energy volatility, inventory swings, faster fashion cycles, tougher compliance, and retail consolidation. It will also examine the impact across the supply chain—from suppliers dealing with margin squeeze and cashflow strain, to brands simplifying assortments and calendars, to consumers trading down while demanding durability and transparency. Sustainability risks will also be addressed.

Speakers include Mark Jarvis, chief strategy officer, Fibre2Fashion and CEO of Textile IQ, who brings over two decades of global textile intelligence experience; Milindrasinh Jadeja, VP – Market Intelligence at Fibre2Fashion, with expertise in delivering data-driven insights across diverse industries; and Aishwarya Praveen, senior associate manager – Market Intelligence at Fibre2Fashion, who specialises in analysing global trade and tariff dynamics at TexPro, a Sourcing Intelligence platform.

Attendees will gain actionable insights as Fibre2Fashion analysts unpack cost drivers across the supply chain, assess the retail fallout on assortment, pricing, and margins, and translate consumer behaviour shifts into sourcing implications. They will also share a practical playbook of strategies.

The session will conclude with a live Q&A, offering participants an opportunity to engage directly with the experts.

Register now to attend the webinar!

Fibre2Fashion News Desk (HU)

China’s foreign trade in goods in yuan-denominated terms rose by 3.5 per cent year on year (YoY) in August this year to 29.57 trillion yuan ($4.14 trillion), according to official data.

Exports jumped by 4.8 per cent YoY, while imports climbed by 1.7 per cent to mark the third month of simultaneous growth in a row.

China’s foreign trade in goods in yuan-denominated terms rose by 3.5 per cent YoY in August.
Exports jumped by 4.8 per cent YoY, while imports rose by 1.7 per cent to mark the third month of simultaneous growth in a row.
In January-August, goods trade grew by 3.5 per cent YoY.
Exports led the growth during the eight months, surging by 6.9 per cent YoY, while imports saw a drop of 1.2 per cent YoY.

Between January and August, the country’s goods trade expanded by 3.5 per cent YoY, the General Administration of Customs (GAC) said.

Exports led the overall expansion during the eight-month period, surging by 6.9 per cent YoY, while imports witnessed a slight drop of 1.2 per cent YoY.

The growth rate accelerated by 0.6 percentage points from the reading for the first six months, a state-controlled news outlet cited Lu Daliang, director of GAC’s department of statistics and analysis, as saying.

Despite a challenging external environment, China’s foreign trade has remained quite resilient while greater potential continues to be unleashed, Lu said.

The association of Southeast Asian Nations (ASEAN) retained its position as China’s largest trading partner in the first eight months this year, with bilateral trade expanding by 9.7 per cent YoY, accounting for 16.7 per cent of the country’s total foreign trade.

The European Union ranked second, with trade up by 4.3 per cent YoY. The United States was China’s third-largest partner, though bilateral trade declined by 13.5 per cent during the period, GAC data showed.

Meanwhile, China’s trade with the partner countries participating in the Belt and Road cooperation reached 15.3 trillion yuan—up by 5.4 per cent YoY.

Fibre2Fashion News Desk (DS)