Direct-to-consumer revenue was up by 5.1% in the period, while revenue for the wholesale channel was up by 2.2%. Regional revenue was up across the board with growth of 13.9% in Greater China, 27.1% in the rest of Asia, 5.3% in EMEA and 2.6% in North America.

Gross profit in the first half of the year was up by 11.27% year-on-year to €125 million, with a margin of 58.5%.

For the Lanvin brand, revenue fell by 10.9% to €57 million in H1, while gross profit was up by 6.7% to €32 million. Revenue for Wolford was up by 8.4% year-on-year to €59 million with a gross profit margin of 71.5%.

Sergio Rossi has revenue growth of 22.4% to €33 million with a gross profit margin of 51.9%, down from 54.9%. Meanwhile, St. John reported revenue of €47 million, up by 11.3%, while gross profit was up by 11.5% to €29 million.

Finally, Caruso increased revenue by 33.6% in the first half to €20 million while gross profit was up by 25% to €5 million.

Joann Cheng, Chairman and CEO of Lanvin Group, said: “We continue our track record of global growth while we make progress on our path to profitability. Our improvement in gross profit and contribution profit are evidence of our commitment to securing profitable growth. We have done the groundwork for our brands to accelerate their growth and are excited about our prospects for the remainder of 2023.”