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Lanvin Group Completes Sale of Caruso

In a significant move within the luxury fashion industry, Lanvin Group has successfully concluded the sale of Caruso, a renowned Italian menswear manufacturer, to MondeVita Italy S.r.l., a branch of Mondevo Group. The announcement made on February 6, 2026, outlines Lanvin’s strategy to focus on sustainable development by divesting assets that align with their core mission and future aspirations.

A Strategic Focus on Heritage Brands

The decision to sell Caruso reflects Lanvin Group's commitment to concentrating on its heartland brands. By divesting from Caruso, Lanvin aims to streamline its operations while still promoting high-quality fashion brands. This strategic carve-out allows the group to reinforce its dedication to sustainability in its remaining portfolio, which includes iconic labels like Lanvin, Wolford, and Sergio Rossi.

Mondevo Group's acquisition marks a transformative opportunity as it continues the journey of establishing MondeVita, its luxury and lifestyle division. This division is designed to bring together and elevate exceptional heritage brands in sectors that span premium beverages, luxury goods, hospitality, and wellness. Mondevo Group is actively seeking to consolidate its market presence by leveraging the unique capabilities of the brands it acquires.

About MondeVita and Mondevo Group

MondeVita, the newly established division within Mondevo Group, emerges in response to the rising interest from family offices to invest in passionate ventures. The brand aims to create a cohesive strategy that includes not just manufacturing excellence, but also the use of shared resources, cross-portfolio synergies, and economies of scale. In a landscape filled with niche players, MondeVita looks to provide structure and expertise, allowing brands like Caruso to flourish even further.

Mondevo Group operates from Abu Dhabi, encompassing diverse divisions including wealth management and venture capital, to luxury and lifestyle platforms. The mission revolves around harnessing AI-driven technology to build robust businesses across sectors that face higher barriers to entry while ensuring strong growth potential.

Caruso: A Legacy of Craftsmanship

Founded in 1964, Raffaele Caruso S.p.A. is headquartered in Soragna, Parma, and stands as a testament to the art of high-end menswear manufacturing. Caruso has carved a niche in sartorial excellence, renowned for its blend of tailoring precision, contemporary Italian style, and a distinctive philosophy termed Playful Elegance. The brand's offerings are distributed through a carefully curated network of premium retailers globally, ensuring exclusivity and top-tier quality.

With more than 450 skilled employees, Caruso combines extensive manufacturing expertise with robust industrial capabilities, ensuring that each piece carries its hallmark of quality. This heritage lends itself to a promising future under MondeVita, which is poised to expand the brand's reach while maintaining its revered craftsmanship and identity.

Future Implications and Outlook

The move to divest Caruso is a significant part of Lanvin’s broader strategy to adapt to evolving market dynamics and consumer preferences. The luxury fashion sector's landscape is continually shifting towards sustainability and brand authenticity, and Lanvin's actions underscore its recognition of these trends. As MondeVita begins its stewardship over Caruso, both entities can pivot towards innovative futures, capitalizing on one another's strengths.

This strategic sale not only represents a new chapter for both Lanvin and Caruso but also sets a precedent in the fashion industry regarding the strategic management of brand portfolios in a competitive market. As both brands navigate this transition, stakeholders and customers alike will be watching closely, eager to witness the unfolding of their collaborative journeys.