Lanvin Group announced it has completed the sale of Caruso, a luxury Italian menswear manufacturer and brand, to MondeVita Italy S.r.l., a subsidiary of Abu Dhabi-based holding company Mondevo Group. The transaction, announced February 6, 2026, was described as a strategic carve-out intended to sharpen Lanvin Group’s focus on the “sustainable development” of its core portfolio.
Caruso operates through Raffaele Caruso S.p.A., a high-end sartorial manufacturing business headquartered in Soragna, near Parma, with a history dating back to 1964. Beyond its own label, the company has long served as an industrial partner to major global fashion houses, supplying high-end tailored production at scale while also developing menswear collections under the Caruso brand. Caruso’s products are distributed through a selective network of premium multi-brand retailers, and the brand positions itself around “Playful Elegance,” combining traditional tailoring discipline with lighter construction and a contemporary interpretation of Italian style. The company employs more than 450 people, underscoring both the scale and operational depth of the platform being transferred.
For Lanvin Group, the divestiture fits within a broader effort to concentrate managerial attention and investment on the brands it considers central to its long-term strategy. The group is headquartered in Shanghai and Milan and manages a portfolio of luxury labels, including Lanvin, Wolford, Sergio Rossi, and St. John Knits. By carving out Caruso, Lanvin Group is effectively narrowing its operational footprint, with the stated aim of deploying resources more directly behind the development and expansion of its remaining portfolio across global markets.
For Mondevo Group, the acquisition is a foundational step in building out MondeVita, its dedicated lifestyle and luxury division. MondeVita was established to pursue long-term, family-office-aligned investments in fragmented premium categories where heritage brands often have strong identities but limited access to capital, strategic support, or global scaling expertise.
MondeVita’s stated focus spans luxury goods and adjacent lifestyle segments, including premium beverages, hospitality, and wellness, with a thesis centered on consolidation and value creation through shared capabilities, cross-portfolio synergies, and economies of scale. The purchase of Caruso adds an established Italian manufacturing base and a recognizable menswear label to that platform, giving MondeVita an entry point into high-end tailoring with both B2B and brand-building dimensions.