consumers are Xiaomi's target

BRIEF: Lanvin revenue falls 23% in ‘transitional’ 2024

Luxury brand owner Lanvin Group (LANV.US) on Friday said its revenue fell 23% in 2024 during “a transitional year marked by creative evolution and strategic realignment amid market headwinds,” and forecast…

Newly Listed Lanvin Leaves Investors Blowing Hot and Cold

The China-owned luxury company’s shares have gyrated wildly since completion of its SPAC listing in mid-December, losing more than half their value at one pointKey Takeaways:Big volatility in Lanvin’s shares…