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Lanvin Group valuation, down $250M, contends with exceptionally high H1 earnings

Blind boxes are China’s new obsession, so companies from travel agencies to luxury Maison Lanvin are using them to reach local Gen Zers. Image courtesy of Lanvin Lanvin Group, up 73pc in H1, shares strong momentum before heading to the New York Stock Exchange. Image courtesy of Lanvin

 

Shanghai-based luxury fashion firm Lanvin Group is reporting one of the year's largest luxury earnings leaps, while simultaneously initiating a drastic discount, in the lead-up to its SPAC listing.