Lanvin Group has completed the strategic carve-out of Italian luxury menswear brand Caruso, as it sharpens its focus on core brands.
What happened
Lanvin Group has completed the strategic spin-off of Italian luxury menswear brand Caruso, sharpening its focus on core brands amid continued volatility in the luxury market.
Why it matters
The group confirmed that Caruso has been acquired by MondeVita Italy, a subsidiary of Abu Dhabi-based Mondevo Group, ending Lanvin Group’s ownership of the heritage tailoring house. Financial terms of the deal were not disclosed.
Founded in 1964 and headquartered in Soragna, Italy, Caruso is known for its high-end tailoring and manufacturing expertise. The brand operates mainly through wholesale channels and select retail partnerships across Europe, Asia and the US.
Lanvin Group said the divestment aligns with its broader strategy to streamline operations and concentrate resources on its core luxury labels. The transaction follows a wider restructuring effort aimed at improving operational efficiency and long-term profitability.
This news brief is based on reporting published by Inside Retail Asia on 2026-02-09. The original report is linked below.
Inside Retail Asia
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