A comprehensive restructuring program focused on streamlining the retail footprint, selective closure of underperforming stores, organizational adjustments, and transitioning to an asset-light operating model.

Expected impact: Aims to reduce fixed costs, improve operational efficiency, and narrow contribution losses to achieve sustainable profitability.

Shifting the Group's operating model toward asset-light business initiatives, including the sale of manufacturing assets (such as a majority stake in the Sergio Rossi factory to Massimo Bonini) and leveraging external partnerships.

Expected impact: Reduces fixed production costs and capital intensity, allowing the Group to focus on brand equity and retail distribution.

Refocusing brand strategies on core DNA, increasing brand visibility through targeted collaborations, and expanding high-margin categories like accessories, notably under Artistic Director Peter Copping at Maison Lanvin.

Expected impact: Aims to restore wholesale relationships, drive direct-to-consumer (DTC) channel optimization, and sustain brand recovery momentum.