Lanvin Group Holdings Ltd
For the period ended Aug 26, 2026. Filed Aug 26, 2026.
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Aug 26, 2026 · Filed Aug 26, 2026
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EX-99.1 · Lanvin Segment
Lanvin Segment
The following table sets forth revenues and gross profit for the Lanvin segment for the six months ended June 30, 2026 and 2025:
| For the six months ended · Increase / | ||||
|---|---|---|---|---|
| June 30, · (Decrease) | ||||
| 2026 vs | ||||
| (Euro thousands, except percentages) | 2026 | 2025 | 2025 | % |
| Revenues | 22,924 | 27,932 | (5,008) | (17.9)% |
| Gross profit | 13,352 | 15,182 | (1,830) | (12.1)% |
| Gross profit margin | 58.2% | 54.4% | 3.8% | — |
| Marketing and selling expenses | (19,600) | (27,504) | 7,904 | (28.7)% |
| Contribution loss(1)(3) | (6,248) | (12,322) | 6,074 | (49.3)% |
| Contribution profit margin(2)(3) | (27.3)% | (44.1)% | 16.8% | — |
| (1) | Contribution profit equals gross profit less marketing and selling expenses. |
| (2) | Contribution profit margin equals contribution profit divided by revenue. |
| (3) | Contribution profit and contribution profit margin are non-IFRS financial measures. |
Revenues for the six months ended June 30, 2026, was €22.9 million, a decrease of €5.0 million (or (17.9)%) compared to €27.9 million in the same period in 2025.
The decrease was primarily driven by the strategic rationalization of the retail network.
DTC revenues decreased by 30.9% from €15.8 million for the six months ended June 30, 2025, to €10.9 million for the six months ended June 30, 2026. The drop in DTC channels was mainly due to retail network optimization in all regions. Greater China DTC revenues decreased by €1.5 million (or (43.8)%, year-over-year) to €1.9 million in the six months ended June 30, 2026. EMEA DTC revenues decreased by €0.9 million (or (15.8)% year-over-year) to €4.7 million in the six months ended June 30, 2026. North America DTC revenues decreased by €2.3 million (or (34.2)% year-over-year) to €4.4 million in the six months ended June 30, 2026.
Wholesale revenues increased by €1.1 million (or 16.4%), to €7.8 million from €6.7 million in the prior-year period, primarily driven by in-time deliveries of the Fall/Winter 2026 collection to clients. As a result, wholesale revenues as a percentage of Lanvin's total revenues increased to 34.2%, up from 24.1% in the prior-year period.
Gross profit for the six months ended June 30, 2026 decreased to €13.4 million, a decrease of €1.8 million (or (12.1)%) compared to €15.2 million in the same period in 2025, primarily attributable to the decrease in revenue. Gross margin rate increased to 58.2% in the six months ended June 30, 2026 compared to 54.4% in the same period in 2025, driven by better sell-through performance and enhanced product lifecycle management.
Contribution loss for the six months ended June 30, 2026 was €6.2 million, a decrease of €6.1 million from the €12.3 million loss in the same period in 2025.
The decrease in contribution loss was mainly due to retail network optimization.
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