Lanvin Group (LANV) Registration Filing summary

Company overview and business model

• Operates as a global luxury fashion group with five portfolio brands: Lanvin, Wolford, Sergio Rossi, St. John, and Caruso.

• Sells products through approximately 1,100 points of sale, including 280 directly operated retail stores, wholesale, and e-commerce, across more than 80 countries.

• Pursues growth through add-on acquisitions and aims to build a leading global luxury group with strong access to Asia.

• Focuses on brand heritage, craftsmanship, and exclusive design, sourcing superior materials and maintaining high manufacturing standards.

Financial performance and metrics

• As of June 30, 2024: cash and cash equivalents of €18.3 million, total equity of €92.7 million, total indebtedness of €126.3 million, and total capitalization of €219.0 million.

• Has incurred significant losses in the past and anticipates continued losses for the current and upcoming years.

• Completed share repurchase of 5,245,648 Ordinary Shares from Meritz for $20 million in 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as set forth in the applicable prospectus supplement.

• No dividends declared or paid on Ordinary Shares; future earnings are intended to be retained for business needs.

• Capital injections and shareholder loans provided to portfolio brands and subsidiaries in Europe, the U.S., and China to support operations and growth.