The company reports that this growth rate “represents one of the highest growth rates in the global luxury industry”, with recording revenue reaching €202 million.
Lanvin attributed the performance to growth in Europe and North America, where revenue was up by 91% and 58% respectively.
In Asia, sales were up by 194% as the group continues to enter new markets, while Greater China saw growth of 32% despite Covid restrictions.
The Lanvin brand achieved sales growth of 117% year-on-year in the first half of the year, totalling €64 million, while Wolford recorded revenue of €54 million, up 29% year-over-year.
Direct-to-customer (DTC) sales were reportedly up by 66%, thanks to strategic retail store openings and e-commerce expansion, including JD.com and RED Mall in China.
Joann Cheng, Chairman and CEO of Lanvin Group, said: “Lanvin Group continues to deliver on its strategy, with record first half results and momentum continuing to build across all brands, in all markets and across all sales channels.”
