/PRNewswire/ Lanvin Group (the "Group"), a global luxury fashion group, and Primavera Capital Acquisition Corporation (NYSE: PV) ("PCAC"), today announced.
/PRNewswire/ Lanvin Group (the "Group"), a global luxury fashion group, and Primavera Capital Acquisition Corporation (NYSE: PV) ("PCAC"), today announced.
73% YoY revenue growth represents one of the highest growth rates in the global luxury industry; flagship brand Lanvin achieved 117% global sales growth YoY.
Strong Momentum and Positive 2022 Outlook Ahead of Proposed NYSE Listing 52% pro forma global revenue growth driven by successful implementation of global growth strategy and acquisition of Sergio Rossi, with robust performance across all geographies and rapid expansion in North America and Asia Lanvin brand reported 108% global sales growth and 415% e-commerce sales increase Significant confidence in Group's 2022 performance outlook, with enhanced omni-channel strategies to boost growth in key markets SHANGHAI, July 12, 2022 /PRNewswire/ Lanvin Group (the "Group"), a global luxury fashion group, today announced its 2021 results and the filing with the U.S. Securities and Exchange Commission ("SEC") of a registration statement on Form F-4 (the "Registration Statement"), in connection with its previously announced proposed business combination with Primavera Capital Acquisition Corporation (NYSE: PV) ("PCAC"). Ms. Joann Cheng, Chairman and C