China’s Lanvin Group posts 38% surge in revenue in FY22

China-based Lanvin Group, a global luxury fashion group, has reported preliminary, unaudited revenues of €425 million in fiscal 2022 (FY22), a 38 per cent increase year-over-year (YoY) versus FY21. The group’s flagship brand, Lanvin, saw its global revenue increase by 67 per cent, with record 145 per cent growth in its wholesale business.