Sabato De Sarno - Designer, Creative Director of Gucci

[yslforever]

Is there a Cruise show in May or June ?

 

[LadyJunon]

Is there a Cruise show in May or June ?

In London on May 13th.

 

[PDFSD]

In London on May 13th.

more of the same :-)

 

[PDFSD]

Lanvin and givenchy are waving... possibly welcoming their new friend Gucci

Lanvin Group reports positive financials for the full year 2023​

Posted On April 30, 2024 CPP-LUXURY

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 pandemic, posting growth every year, and I see the same resilience and our ability to thrive in any environment, this past year.”
The company said in a release that all brands showed resiliency and maintained steady revenue in EMEA and North America highlighted by nearly 8 percent growth in APAC. Ecommerce posted 3 percent growth, while overall DTC and wholesale channels stayed flat.

The group closed 36 stores while opening 24 new retail doors.

LANVIN expanded presence to five new locations and its first in the Middle East in Riyadh. “I am thoroughly impressed by the efforts of our managers and our teams to maintain growth and continue to forge the path to profitability in a challenging market environment,” added Eric Chan, CEO of Lanvin Group.
LANVIN brand revenue decreased 7 percent for the full year with revenue of 112 million euros. Gross profit increased to 65 million euros, at a margin of 58 percent. Contribution profit improved to a loss of 12 million euros in 2023 with the percentage of sales improving to negative 11 percent.

Wolford revenue grew by 1 percent, while gross profit decreased to 83 million euros and margin declined to 66 percent. Contribution profit remained steady at 4 million euros at a margin of 3 percent.Sergio Rossi revenue was down by 4 percent to 60 million euros, gross profit margin increased to 51 percent and contribution profit margin improved to 12 percent.

St. John revenue increased by 5 percent to 90 million euros, gross profit grew to 57 million euros; with margin increasing to 63 percent. Contribution profit also increased to 11 million euros and; margin remained steady at 12 percent.

Caruso increased by 30 percent to 40 million euros in 2023. Its gross profit increased to 11 million euros and margin increased to 28 percent. Contribution profit also increased to 9 million euros, and contribution profit margin increased to 24 percent.

 

[jeanclaude]

The London Cruise Show...sounds like the "Titanic" cruising the iceberg infested waters...

 

[LadyJunon]

Lanvin Group reports positive financials for the full year 2023​

Posted On April 30, 2024 CPP-LUXURY

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 pandemic, posting growth every year, and I see the same resilience and our ability to thrive in any environment, this past year.”
The company said in a release that all brands showed resiliency and maintained steady revenue in EMEA and North America highlighted by nearly 8 percent growth in APAC. Ecommerce posted 3 percent growth, while overall DTC and wholesale channels stayed flat.

The group closed 36 stores while opening 24 new retail doors.

LANVIN expanded presence to five new locations and its first in the Middle East in Riyadh. “I am thoroughly impressed by the efforts of our managers and our teams to maintain growth and continue to forge the path to profitability in a challenging market environment,” added Eric Chan, CEO of Lanvin Group.
LANVIN brand revenue decreased 7 percent for the full year with revenue of 112 million euros. Gross profit increased to 65 million euros, at a margin of 58 percent. Contribution profit improved to a loss of 12 million euros in 2023 with the percentage of sales improving to negative 11 percent.

Wolford revenue grew by 1 percent, while gross profit decreased to 83 million euros and margin declined to 66 percent. Contribution profit remained steady at 4 million euros at a margin of 3 percent.Sergio Rossi revenue was down by 4 percent to 60 million euros, gross profit margin increased to 51 percent and contribution profit margin improved to 12 percent.

St. John revenue increased by 5 percent to 90 million euros, gross profit grew to 57 million euros; with margin increasing to 63 percent. Contribution profit also increased to 11 million euros and; margin remained steady at 12 percent.

Caruso increased by 30 percent to 40 million euros in 2023. Its gross profit increased to 11 million euros and margin increased to 28 percent. Contribution profit also increased to 9 million euros, and contribution profit margin increased to 24 percent.

All of the brands in Lanvin Group are doing well except Lanvin themselves. They really need to hire a creative head at this house as it's been a year since Sialelli's departure.

 

[tourbillions]

Lanvin Group reports positive financials for the full year 2023​

Posted On April 30, 2024 CPP-LUXURY

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 pandemic, posting growth every year, and I see the same resilience and our ability to thrive in any environment, this past year.”
The company said in a release that all brands showed resiliency and maintained steady revenue in EMEA and North America highlighted by nearly 8 percent growth in APAC. Ecommerce posted 3 percent growth, while overall DTC and wholesale channels stayed flat.

The group closed 36 stores while opening 24 new retail doors.

LANVIN expanded presence to five new locations and its first in the Middle East in Riyadh. “I am thoroughly impressed by the efforts of our managers and our teams to maintain growth and continue to forge the path to profitability in a challenging market environment,” added Eric Chan, CEO of Lanvin Group.
LANVIN brand revenue decreased 7 percent for the full year with revenue of 112 million euros. Gross profit increased to 65 million euros, at a margin of 58 percent. Contribution profit improved to a loss of 12 million euros in 2023 with the percentage of sales improving to negative 11 percent.

Wolford revenue grew by 1 percent, while gross profit decreased to 83 million euros and margin declined to 66 percent. Contribution profit remained steady at 4 million euros at a margin of 3 percent.Sergio Rossi revenue was down by 4 percent to 60 million euros, gross profit margin increased to 51 percent and contribution profit margin improved to 12 percent.

St. John revenue increased by 5 percent to 90 million euros, gross profit grew to 57 million euros; with margin increasing to 63 percent. Contribution profit also increased to 11 million euros and; margin remained steady at 12 percent.

Caruso increased by 30 percent to 40 million euros in 2023. Its gross profit increased to 11 million euros and margin increased to 28 percent. Contribution profit also increased to 9 million euros, and contribution profit margin increased to 24 percent.

bleeding... they need a creative director and stop chasing trends with those ugly giant sneakers. Unfortunately they lost a good one with sialelli, they werent patient enough.

 

[perhydrol]

All of the brands in Lanvin Group are doing well except Lanvin themselves. They really need to hire a creative head at this house as it's been a year since Sialelli's departure.

I think there was a statement they'd announce their new creative director before Christmas, but as we can see now, they should have specified which year's Christmas they had been thinking of as it's May already.

 

[yslforever]

In London on May 13th.

Can't wait !

 

[Lola701]

The jewelry from the Daria Campaign should have been the starting point for a Joaillerie collection.

The question that should be raised is « Does those brands really needs HF Jewelry »?

I can buy Joaillerie from Chanel, Dior or Hermes because there’s a real creative identity there. Either way, there’s nothing better than local artisans that would charge for solid materials what those big brands charge for the fantasy jewelry.

All of the brands in Lanvin Group are doing well except Lanvin themselves. They really need to hire a creative head at this house as it's been a year since Sialelli's departure.

Good luck trying to find a real talent when the brand has showed that management doesn’t respect talents and can totally fire a designer that was doing good financially.

At this point, No number 2 from nowhere would be interested in going to Lanvin. They will probably get a third wheel at this point. And mind you that the 3rd wheel might not stay more than 3 years.

The future collab was obviously a flop in terms of communication and sales. They keep releasing Alber products.

Maybe they should send head hunters at the LVMH Prize lol.

 

[Olaffo]

My friend had been assisting with fittings for London show and saw some vids of outfits. My God, laughable, 90” Debenhams merch…

 

[yslforever]

My friend had been assisting with fittings for London show and saw some vids of outfits. My God, laughable, 90” Debenhams merch…

Is that like a Monoprix ?

 

[gallianostan]

My friend had been assisting with fittings for London show and saw some vids of outfits. My God, laughable, 90” Debenhams merch…

DEBENHAMS???? sabato... only uk girlies will understand the depth of sh*t gucci will be in

 

[grimm]

My friend had been assisting with fittings for London show and saw some vids of outfits. My God, laughable, 90” Debenhams merch…

The Lido campaign looks like River Island, so I guess he is going hard on the failed brands of the UK high street! It's a POV I suppose...

 

[Salvatore]

My friend had been assisting with fittings for London show and saw some vids of outfits. My God, laughable, 90” Debenhams merch…

DEBENHAMS ? Wow !!!! This is a new low.

 

[Olaffo]

Is that like a Monoprix ?

Yes ! Debenhams used to be a multi brand shop where quintessential thrifty Britons were buying all sorts of goodies but also became, after 90’, a symbol of quite pedestrian merch which covered all classes and needs of people (from Ascot to artsy students). It’s been closed in 2021 following a long and culturally painful process of public liquidation and sales.

 

[Nimsay]

So its like Sears in America. Wow. This is bad…. Gucci investors need to jump

 

[PDFSD]

DEBENHAMS???? sabato... only uk girlies will understand the depth of sh*t gucci will be in

Thank goodness the shoes will be like bricks when they step in sh*t lol ...very punk !!! 🤭

 

[yslforever]

Thank goodness the shoes will be like bricks when they step in sh*t lol ...very punk !!! 🤭

Horsebit creepers and "elevated" doc martens in Ancora red....

 

[LadyJunon]

Horsebit creepers and "elevated" doc martens in Ancora red....

You're a bit late...

Source: Vogue Runway