Lanvin Group to go public in New York

Worldwide
Published:  13 December, 2022
Credit: Lanvin

Luxury fashion group Lanvin Group has announced that it will debut on the New York Stock Exchange on December 15.

This follows the decision of shareholders to approve the business combination of Lanvin Group and Primavera Capital Acquisition Corporation, operating under the Lanvin Group name and traded with the ticker symbol LANV.

Senior members of Lanvin and the Primavera Capital Acquisition Corporation will ring the opening bell at the New York Stock Exchange on the morning of December 15.

Joann Cheng, Chairman and CEO of Lanvin Group, said: "Going public is a natural step for Lanvin Group right now. We have built an iconic portfolio of heritage brands and recorded strong growth over recent years.

“Looking forward, our strategy is driving continuous organic growth through geographic, channel and product expansion for our brands, combined with disciplined investment in the luxury fashion sector. Against a background of proven resilience in the luxury market, we are confident that this strategy will enable us to deliver sustained long-term growth and value for our shareholders."