Economic Observation Network LANV.US recently released its financial report for the first half of 2026, showing a year-on-year decline in revenue and a narrowing of losses. However, after the release of the financial report, the stock price experienced a decline.

Performance and business situation
In the first half of the year, the revenue was 101 million euros, a year-on-year decrease of 12.9% (lower than the 18% decrease in 2025), the gross profit margin increased by 1.3 percentage points to 59%, and the adjusted EBITDA loss narrowed from 52.18 million euros to 34.62 million euros The management's statement is' transformation is effective, cost control is reduced ', but the market has not paid the price - the continued decline in stock prices after the financial report indicates that investors are more concerned about when revenue stabilizes, rather than the speed at which losses narrow.

Business Progress
Wolford e-commerce growth of 22% St. John's e-commerce growth of 31% is the only bright spot in the portfolio; However, the revenue of the core brand Lanvin still fell by 17.9%, Sergio Rossi fell by 28.6%, and the gross profit margin plummeted by 12.9 percentage points to 27.9% (dragged down by clearance and supply chain transformation) Structurally, 'slimming down is effective, but there is insufficient blood production' - closing the store to cut losses is proactive, but the new growth engine has not yet run smoothly.

Recent Stock Trends
The core focus of this week is the release of the 2026 first half financial report before the market closes on August 26th, as well as the accompanying market repricing of the transformation results. On the day of the financial report release, the stock price fell by 2.75%, and continued to weaken in the following two days, with a cumulative drop of about 7.3% to $1.01 for the week 。

The above content is based on publicly available information and does not constitute investment advice.