All Sergio Rossi articles
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ArticleSergio Rossi posts a decline in FY revenues due to a weak H2
Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods firm Lanvin Group, finished 2023 with a 4 percent decline in revenues to €60 million after suffering a 24 percent drop in the top line to €27 million during the second half of the year. During the first six ...
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ArticleLanvin Group appoints a new CEO
Lanvin Group said that Joann Cheng, the founding chairman and chief executive officer of the Chinese luxury goods firm, informed the board that she has decided to step down from her roles to pursue new endeavours outside the group. Consequently, the board has appointed Huang Zhen as the new chairman ...
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ArticleSergio Rossi boosts H1 sales
In the first half of 2023, Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods firm Lanvin Group, posted sales of €33 million, up by 22.4 percent from a year earlier. The brand’s sales rose by 29.7 percent in EMEA, 31.5 percent in North America and 20.9 percent ...
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Sergio Rossi names Paul Kotrba interim CEO
Sergio Rossi, the Italian luxury footwear brand owned by Lanvin Group, has named Paul Kotrba interim chief executive officer, replacing Riccardo Sciutto. Kotrba was chief operating officer at Wolford, which is also controlled by Lanvin Group. Sciutto joined Sergio Rossi in April 2016 from Hogan, the luxury sneaker brand owned ...
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Lanvin increases its FY contribution profit
The Chinese luxury goods Lanvin Group, which owns various brands including the Italian shoemaker Sergio Rossi, said that its contribution profit, which corresponds to the gross profit less selling and marketing expenses, rose to €13.2 million in 2022, an improvement of about €9 million from the €4.4 million posted in ...
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ArticleSergio Rossi more than doubles 2022 sales
Sergio Rossi, the Italian shoemaker owned by the Chinese luxury goods Lanvin Group, posted sales of €61.9 million, up by 116 percent from a year earlier, outperforming the rest of the group. Lanvin Group increased overall revenues by 38 percent to €424.5 million. Sales for the Lanvin brand grew by ...
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ArticleLanvin Group’s roller coaster market debut
Shares in Lanvin Group, the Chinese luxury goods group that owns the Italian shoemaker Sergio Rossi, plummeted about 25 percent on their market debut on the New York Stock Exchange, but the stock recovered most of its lost ground the following day. Lanvin’s flotation stems from the merger with Primavera ...
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ArticleLanvin Group to be listed in New York by merging with a SPAC
Lanvin Group, the Chinse luxury goods group formerly known as Fosun Fashion Group, has entered into a merger agreement with Primavera Capital Acquisition Corporation (PCAC), a special purpose acquisition company (SPAC) listed on the New York Stock Exchange. The transaction values Lanvin Group at a pro forma enterprise value of ...
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Sergio Rossi appoints Evangelie Smyrniotaki as artistic director
The Italian shoe maker Sergio Rossi has appointed Evangelie Smyrniotaki, the founder in 2011 of the fashion blog Style Heroine, as its new artistic director. Smyrniotaki has frequently collaborated with high-end fashion brands such as Chanel, Prada and Versace. She will manage the brand’s image, including the supervision of the ...
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Sergio Rossi to open a store in Milan’s Spiga 26 hub
The Italian shoe maker Sergio Rossi has decided to rent an about 200-square-meter space at the Spiga 26 hub located in the heart of Milan’s fashion district. Sergio Rossi is the second tenant of the real estate project after the brand Moschino, owned by the fashion group Aeffe. The shoemaker’s ...
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ArticleFosun Fashion Group buys Sergio Rossi
Fosun Fashion Group ( FFG ) has signed an agreement to acquire a 100 percent stake in the Italian luxury footwear brand Sergio Rossi from Absolute Luxury Holding , a subsidiary of the Italian investment firm Investindustrial . No financial details were released, but the ...
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Bally and Marquee Brands reportedly vying for Sergio Rossi
Bally and Marquee Brands , a U.S. firm that owns several brands including the Italian shoemaker Bruno Magli , are competing to buy the Italian footwear brand Sergio Rossi from the investment fund Investindustrial , according to the financial information website Mergermarket . According to the website, ...
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Sergio Rossi dies at 84
The iconic footwear designer Sergio Rossi , founder of the eponymous firm, died on April 2. He had been admitted to the intensive care unit of the Bufalini hospital in Cesena, Italy, after contracting the novel coronavirus, which has heavily affected the country. The son of a shoemaker, Rossi was ...
