Shanghai, November 13 (Reuters/ PR Newswire ) – Lanvin Group Holdings Limited (New York Stock Exchange ticker: LANV ) (“Lanvin Group” or “the Company”) is a global luxury fashion group. The Company announced today that on November 10, 2026, it received a notice from the New York Stock Exchange (“NYSE”) stating that the Company did not meet the NYSE’s continuous listing standards, which require that the average closing price of common shares over a consecutive 30 trading days must reach $1.00 per share.
The company stated that it informed the New York Stock Exchange (NYSE) within 10 working days of receiving the notification, indicating its intention to take measures to rectify the deficiency. According to NYSE regulations, the company has six months from the time it receives such a notification to comply with the minimum stock price requirements again.
The company stated that, if necessary, it will consider available alternative solutions, including but not limited to a reverse stock split that requires shareholder approval, in order to correct the non-compliance with stock price regulations. If on the last trading day of any calendar month during the remedial period, the closing price of the company's common shares exceeds $1.00 per share, and the average closing price over the 30 trading days up to the last trading day of that month also exceeds $1.00 per share, then the company may regain compliance at any time during the remedial period.
The company stated that the notification from the New York Stock Exchange (NYSE) will not immediately affect the continued listing of Lanvin Group common shares on the NYSE, nor is it expected to impact the company's ongoing operations. During this period, the company's common shares will continue to be listed and traded on the NYSE under the code “LANV”, provided that the company continues to meet the other requirements for continued listing on the NYSE.
About Lanvin Group
Lanvin Group is a globally leading luxury fashion group headquartered in Shanghai, China, and Milan, Italy. It manages a portfolio of well-known brands including Lanvin, Wolford, Sergio Rossi, and St. Leveraging unique strategic alliances with leading partners in the luxury fashion industry, as well as a presence in the fastest-growing luxury fashion markets, the company is committed to expanding the global influence of its brands. It achieves sustainable growth through strategic investments and extensive operational experience. The Lanvin Group common stocks are listed on the New York Stock Exchange under the ticker symbol “LANV”. For more information about Lanvin Group, please visit www.lanvin-group.com; to view the company's investor presentation materials, please visit https:// ir.lanvin-group.com.
Forward-looking Statements
This press release contains “forward-looking statements” as defined by the “Safe Harbor” provisions of the 1995 U.S. Private Securities Litigation Reform Act. Except for statements of historical fact in this press release, all other statements are forward-looking statements, including but not limited to: the company’s intention and ability to restore compliance with the New York Stock Exchange’s continuous listing standards during the applicable remedial period or under any circumstances; the continued listing and trading of the company’s common stock on the New York Stock Exchange; the measures the company may take to restore compliance; and the expected impact of the New York Stock Exchange’s notification on the company’s business operations. In some cases, forward-looking statements may be identified by words such as “believes,” “may,” “will,” “estimates,” “continue,” “expects,” “intends,” “anticipates,” “should,” “will,” “plans,” “predicts,” “potential,” “seeks,” “future,” “outlook,” and “expects,” or their negative forms, or other similar expressions, but not all forward-looking statements contain these identifying words.
These forward-looking statements are based on the company's current expectations and assumptions and are not guarantees of future performance. They are subject to known and unknown risks, uncertainties, and other factors, many of which are beyond the company's control and may result in significant differences between actual results and those expressed or implied in these statements. These factors include, but are not limited to: the market price of the company's common stock and whether it will be able to recover and maintain a price of $1.00 per share or above for the required period; whether any plans pursued by the company will be successful; whether the company will be able to continue to meet the other ongoing listing requirements of the New York Stock Exchange; as well as other risks and uncertainties described in Item 3. Key Information – D. Risk Factors of the company's 20-F annual report for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (“SEC”) on April 30, 2026, and in other documents submitted by the company to SEC.
Forward-looking statements are only valid as of the date of this press release. Except as required by applicable laws, the company assumes no obligation to update or revise any forward-looking statements due to new information, future events, or other reasons.
Contact Information
Media and Investors
Lanvin Group Holdings Limited
Ross Luo
Coco Wang
