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Lanvin Group Reports 38 Percent Revenue Increase in 2022

The report is the first time the Chinese luxury company has disclosed financial performance since its SPAC listing.
Two Lanvin purses in green and black with a cat-shaped handle.
Lanvin is establishing the cat bag as a signature product.
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Lanvin Group reported on Friday unaudited annual revenue of €425 million ($454.5 million) for 2022, a 38 percent increase year-over-year. It marks the first time the Chinese luxury group, which saw the departure of chief financial officer Shang Koo last month, has released financial figures since its New York SPAC listing in December.

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About the author
Tiffany Ap

Tiffany Ap is Senior Correspondent at The Business of Fashion. She is based in New York and covers marketing and the critical China market.

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