Lanvin Group announces leadership and board changes
Leadership Changes: Lanvin Group has appointed Andy Lew as Executive President and Eric Chan will transition to a Board director role, with plans for a second headquarters in Europe to support global expansion.
Board Expansion: The Board of Directors will increase from eight to nine members, appointing Alan Liu to replace Grace Fang alongside Eric Chan as directors.
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- Revenue Overview: Lanvin Group reported FY 2023 revenue of €240.5 million, with continuing operations also totaling €240.5 million after excluding the divested Caruso business, marking a 17.6% year-over-year decline that reflects both increased market volatility and the impact of strategic initiatives.
- Market Volatility Impact: The revenue decline is primarily attributed to ongoing market instability, and despite the company's implementation of various strategic measures aimed at enhancing operational efficiency and long-term brand positioning, these efforts have not yet effectively reversed the downward trend in revenue.
- Strategic Adjustments: Lanvin Group is actively pursuing a series of strategic plans designed to improve operational efficiency and enhance brand image, and while these measures have not significantly improved financial performance in the short term, they lay the groundwork for future growth.
- Future Outlook: The management team has indicated a commitment to closely monitor market dynamics and adjust strategies based on market feedback, aiming to achieve revenue recovery and growth in the future.
- Executive Appointment: Lanvin Group has appointed Mandy West as CEO of St John Knits, effective March 6, 2026, marking an internal promotion aimed at further developing the company's retail and commercial operations.
- Career Background: Mandy West joined St John Knits in 2019, previously serving as Chief Commercial Officer and Senior VP overseeing retail, wholesale, and buying, showcasing her extensive industry experience and strategic insight.
- Strategic Implications: This appointment reflects Lanvin Group's commitment to nurturing internal talent and signifies the company's determination to expand its presence in the global luxury market, particularly in rapidly growing segments.
- Brand Influence: As a leading global luxury fashion group managing iconic brands like Lanvin, Wolford, and Sergio Rossi, Lanvin Group aims to achieve sustainable growth through strategic investments and operational expertise in the luxury sector.
- Executive Appointment: Lanvin Group announced that Marco Pozzo will become CEO and Chairman of the Management Board of Wolford AG effective March 1, 2026, representing a significant leadership change aimed at enhancing corporate governance and strategic direction.
- Board Member Background: Pozzo has been a board member since July 7, 2025, and previously served as deputy CEO, and his extensive management experience is expected to drive business growth and market expansion for Wolford AG.
- Market Reaction: Following the announcement, Lanvin Group's shares rose by 0.58%, indicating investor confidence in the new CEO and potentially leading to positive market expectations and increased shareholder value.
- Future Outlook: With Pozzo's appointment, Lanvin Group may accelerate its strategic positioning in the fashion industry, particularly in the high-end market, further solidifying its presence in the global luxury goods sector.
- Executive Appointment: Lanvin Group announced that Marco Pozzo will become the CEO and Chairman of the Management Board of Wolford AG effective March 1, 2026, reflecting the Group's recognition of his performance since joining in July 2025, aimed at advancing brand restructuring and strategic priorities.
- Leadership Recognition: Pozzo demonstrated exceptional leadership as Deputy CEO of Wolford AG, and the Group expresses confidence in his ability to enhance customer confidence and drive key restructuring measures, which is expected to further improve the brand's market performance.
- Brand Strategy Integration: The leadership change at Wolford AG, a key brand within Lanvin Group, will facilitate the integration of the Group's strategic investments and operational expertise, promoting the brand's expansion in the global luxury market, particularly in rapidly growing markets.
- Global Luxury Market Positioning: Lanvin Group aims to expand its brands' global footprint and achieve sustainable growth through strategic alliances with industry-leading partners, and Pozzo's appointment will further strengthen this strategic direction.
- Strategic Focus: Lanvin Group has completed the sale of Caruso, an Italian luxury menswear manufacturer, reflecting its strategic shift towards sustainable development of core brands, which is expected to enhance its competitiveness in the luxury market.
- Acquisition Significance: MondeVita, a subsidiary of Mondevo Group, acquires Caruso to consolidate and elevate luxury and lifestyle brands, aiming to achieve business growth through shared capabilities and economies of scale, thereby strengthening its market position.
- Brand Value: The Caruso brand is renowned for its distinctive positioning of 'Playful Elegance,' combining contemporary interpretations of Italian style with sartorial craftsmanship, and this transaction is expected to provide MondeVita with further expansion opportunities in the high-end market.
- Industry Consolidation: The establishment of MondeVita responds to family offices' strong desire to invest in luxury and lifestyle sectors, and it is anticipated to drive overall industry development by integrating high-quality brands in a fragmented market.

Annual General Meeting Announcement: Lanvin Group Holdings Limited will hold its annual general meeting (AGM) virtually on December 18, 2025, at 9:00 AM EST, allowing shareholders to engage with the Board of Directors and executive management.
Proposed Resolution Support: The Board of Directors supports a Proposed Resolution to be considered at the AGM and recommends shareholders vote in favor of it.
Eligibility to Vote: Only shareholders of record as of November 17, 2025, are entitled to attend and vote at the AGM.
Company Overview: Lanvin Group is a global luxury fashion group managing several iconic brands and is focused on expanding its market presence and achieving sustainable growth.







