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Vantage Foundation and Banking Academy of Vietnam Launch Nationwide AI Finance Programme with Vietnam’s Top Universities for More Than 1,500 Students and Educators

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HANOI, Vietnam, March 17, 2026 /PRNewswire/ — Vantage Foundation, in collaboration with the Banking Academy of Vietnam (BAV) and more than 10 leading universities, has launched a nationwide programme equipping more than 1,500 educators and students with advanced skills in AI-driven financial data analysis and decision-making, drawing interest from more than 3,000 students nationwide.

Held on 12 and 14 March at BAV’s Hanoi campus, the initiative comes at a time when Vietnam’s financial sector is rapidly strengthening its digital capabilities, with artificial intelligence playing an increasingly central role in financial analysis, risk management and strategic decision-making.

The programme, titled “Financial Data Analysis and Decision-Making in the Era of Artificial Intelligence (AI)”, combined in-person sessions with nationwide virtual participation.

More than 10 universities co-organised the initiative, including the University of Economics Ho Chi Minh City (UEH), National Economics University (NEU), Vietnam National University – Hanoi (VNU-Hanoi), Vietnam National University – Ho Chi Minh City (VNU-HCM) and Foreign Trade University (FTU). Together, these institutions represent some of Vietnam’s most influential centres for financial education and a key talent pipeline for the country’s banking and financial services sector.

Also in attendance were dozens of ecosystem partners who care deeply about Vietnam’s economic and technological advancement, including distinguished figures from Vietnam’s local fintech and high-tech sectors as well as introducing broker (IB) partners—all of whom are fully confident in the country’s socioeconomic development.


Hosted at the Banking Academy’s Hanoi campus, the programme explored how AI-powered analytics, predictive modelling and financial data visualisation are transforming how financial institutions interpret market data and make strategic decisions.

Strengthening AI Capabilities Across Vietnam’s Finance Education Network

A central component of the initiative was a Training-of-Trainers (ToT) programme designed to strengthen AI-driven financial analytics capabilities among lecturers. The faculty session attracted more than 250 professors who participated both in person and online. Among them were the dean and lecturers from Can Tho University, who travelled more than 1,500 kilometres from the Mekong Delta to Hanoi to attend.

A key component of the initiative was a Training-of-Trainers (ToT) programme designed to strengthen AI-driven financial analytics capabilities among university lecturers from the leading schools.

The ToT session on 12 March drew strong engagement from professors across Vietnam’s finance education network, with more than 250 academics participating both in person and online.

Among those attending were the dean and lecturers from Can Tho University, who travelled more than 1,500 kilometres from the Mekong Delta to Hanoi to participate in person, underscoring the growing demand among educators to integrate AI-driven financial analytics into university curricula.

By equipping educators with these frameworks, the programme enables advanced financial data capabilities to cascade into classrooms nationwide, extending its long-term impact across Vietnam’s finance education ecosystem.

Industry Expertise and Real-World Financial Applications

Industry experts also shared practical insights into real-world AI applications across financial markets, providing participants with practical exposure to how AI is being applied across financial data analysis and trading technologies.

Ms. Truong Thi Minh Trang, M.Sc., Managing Director of Financial Information Services at FiinGroup, Vietnam’s leading financial data and analytics provider, delivered a session on financial data analytics. FiinGroup counts Nikkei Inc. and QUICK Corp among its strategic shareholders, while its credit-rating subsidiary FiinRatings has S&P Global as a strategic investor.

Participants also attended a live demonstration led by Dr. Vu Xuan Tung, AI Solution Architect at Goline Financial Technology JSC, a Vietnamese fintech developer of securities trading systems used by brokerage firms, showcasing AI-enabled trading software and emerging AI-powered technologies used in modern securities trading systems.

The demonstration showcased AI-enabled trading software and emerging AI-powered trading technologies, giving participants direct insight into how artificial intelligence is already being deployed in modern financial market infrastructure.

Preparing Finance Professionals for an AI-Driven Industry

According to Assoc. Prof. Dr. Nguyen Thanh Phuong, Deputy Director of the Banking Academy of Vietnam, artificial intelligence is rapidly redefining the capabilities required of finance professionals.

“Artificial intelligence is no longer a future concept. It has already become a reality reshaping the structure of the global financial industry,” he said.

He noted that financial professionals increasingly need the ability to interpret complex datasets and respond to market developments in real time.

“In today’s digital economy, data is the new fuel. Without the skills to collect, analyse and interpret data effectively, professionals may struggle to keep pace with the industry’s development.”

He added that modern financial institutions increasingly require professionals who combine technical data expertise with strong risk awareness and strategic decision-making capabilities.

Strengthening Global Collaboration in Financial Education

The Banking Academy highlighted that its collaboration with Vantage Foundation reflects a shared commitment to advancing financial education while expanding international knowledge exchange.

“As Vietnam implements its National Digital Transformation Strategy, it is crucial that our students and educators develop the technological competencies required for the future financial industry,” Assoc. Prof. Dr. Nguyen Thanh Phuong said.

He noted that partnerships with international organisations help ensure that Vietnamese students engage with both academic theory and global financial industry perspectives.

Investing in the Future of Intelligent Finance

During the programme’s opening session for students on 14 March, Mr. Adam Siew, Vice President of Business Development, representing Vantage Foundation, highlighted the accelerating convergence between finance and advanced technologies.

“Artificial intelligence is transforming how financial institutions interpret data, understand markets and make decisions. Processes that once required weeks of analysis can now be completed in seconds.”

He emphasised that technological advancement must remain guided by responsible human judgment.

“Data becomes meaningful only when guided by human insight, responsibility and sound judgment.”

Bringing together educators and students from across Vietnam’s leading finance universities, the initiative aims to strengthen the country’s pipeline of data-literate financial professionals capable of navigating increasingly complex global markets.

“By investing in education today, we are investing in the future leaders who will shape the next era of intelligent and responsible finance,” he said.

The programme concluded with a certificate presentation ceremony jointly conducted by Mr. Floyd Wong, Head of Vietnam representing Vantage Foundation, together with representatives from the Banking Academy of Vietnam.

As artificial intelligence continues to reshape financial systems worldwide, collaborations between leading academic institutions and organisations connected to the global fintech ecosystem will play an increasingly important role in preparing the next generation of finance professionals.

Vantage Foundation

Vantage Foundation is an independent charitable organisation launched at the McLaren Technology Centre in the UK in 2023. The foundation partners with organisations worldwide, including Grab Indonesia, the iREDE Foundation in Nigeria, Teach For Malaysia and Instituto Claret in Brazil, to support impactful social initiatives.

For more information, please visit:
www.vantage.foundation

Banking Academy of Vietnam

The Banking Academy of Vietnam (BAV) is a leading public higher education institution specialising in banking, finance, economics and business administration. Established under the State Bank of Vietnam, BAV has played a pivotal role in developing the nation’s financial and banking workforce. With a strong emphasis on academic excellence, applied research and industry relevance, the Academy serves as a key talent pipeline for Vietnam’s public and private financial sectors.

For more information, please visit:
https://en.hvnh.edu.vn/

Vantage Foundation and Banking Academy of Vietnam Launch Nationwide AI Finance Education Programme for 1,500 Educators and Students

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Advertorial Desk
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HANOI, Vietnam , March 17, 2026 /PRNewswire/ — Vantage Foundation formalised a strategic academic collaboration with the Banking Academy of Vietnam (BAV), one of the country’s leading finance universities, to advance financial education in the era of artificial intelligence.

Hosted at the BAV campus on March 12 and 14, the programme brought together leading academic institutions across Vietnam to equip both educators and students with practical knowledge in AI-driven financial analysis and decision-making.

Also in attendance were dozens of ecosystem partners who care deeply about Vietnam’s economic and technological advancement, including distinguished figures from Vietnam’s local fintech and high-tech sectors as well as introducing broker (IB) partners—all of whom are fully confident in the country’s socioeconomic development.


The initiative was co-organised with more than 10 leading universities nationwide, including University of Economics Ho Chi Minh City (UEH), National Economics University (NEU), Vietnam National University – Hanoi (VNU-Hanoi), Vietnam National University – Ho Chi Minh City (VNU-HCM), and Foreign Trade University (FTU). These institutions represent some of Vietnam’s most respected centres for economics and financial education and collectively formed a national academic coalition supporting the programme.

At the centre of the initiative was the jointly developed course “Financial Data Analysis and Decision-Making in the Era of Artificial Intelligence (AI)”, designed to introduce practical applications of AI within modern financial systems.

A defining feature of the programme was its Training-of-Trainers (ToT) model, which equipped lecturers and professors from participating universities with contemporary AI-finance teaching frameworks. By empowering educators, the initiative allowed knowledge to cascade across institutions, enabling trained lecturers to bring advanced financial analytics and AI-driven decision-making concepts back into their own classrooms.

The faculty training session saw participation far exceed initial expectations. While the programme was originally designed for around 20 participants, more than 250 professors from over 10 leading universities across Vietnam ultimately joined the session, including over 50 attending in person and more than 200 participating online.

Among them was a delegation from Can Tho University, one of Vietnam’s leading finance universities, whose dean and lecturers travelled more than 1,500 kilometres from the Mekong Delta to Hanoi to attend the training in person, despite having the option to participate remotely.

Following the faculty training session on March 12, the programme delivered in-person learning to 500 university students on March 14 at the BAV campus in Hanoi. To expand access beyond the capital, the programme was also broadcast nationwide, enabling up to 1,000 additional participants to join online.

The programme’s academic sessions were delivered by lecturers at BAV, namely Dr. Vu Xuan Tung, AI Solution Architect at Goline Financial Technology JSC; and Ms. Truong Thi Minh Trang, M.Sc., Managing Director of Financial Information Services at FiinGroup, Vietnam’s leading financial data and analytics provider backed by global financial information institutions including Nikkei and S&P Global. Dr. Tung led sessions covering AI applications in finance, macroeconomic models, and credit decision making, while Ms. Trang guided participants through real time financial data dashboards and practical AI adoption cases.

The programme concluded with a certificate presentation ceremony jointly conducted by Mr. Floyd Wong, Head of Vietnam representing Vantage Foundation, as well as representatives from the Banking Academy of Vietnam.

In total, the programme reached approximately 1,500 students and educators nationwide. Participation was capped due to venue capacity and technical limitations, with demand for the programme exceeding available places. The organisers viewed this initiative as the foundation for future collaborations aimed at expanding AI-driven financial education to a broader audience across Vietnam.

“At Vantage Foundation, we believe education is a catalyst for sustainable progress. Our collaboration with the Banking Academy of Vietnam on the training programme Financial Data Analysis and Decision Making in the Era of AI reflects our dedication to strengthening financial education in a rapidly evolving landscape,” said Mr. Adam Siew, Vice President of Business Development representing Vantage Foundation, who delivered the opening address during the programme.

“Co-organised with more than 10 leading institutions including University of Economics Ho Chi Minh City, Vietnam National University, and National Economics University, the initiative equips lecturers through specialised ToT sessions while also engaging more than 1,500 students both in person and online. Through this effort, we are investing in the educators and future leaders who will shape the next era of intelligent, responsible finance.”

Nguyễn Thanh Phương, Associate Professor, PhD and Vice Director of the Banking Academy of Vietnam, said the programme reflected the growing need for financial professionals to adapt to rapid technological change.

“The rapid rise of artificial intelligence (AI) is no longer a prediction; it has become a reality reshaping the structure of the global financial industry. In Vietnam, traditional financial professionals are facing critical challenges, including a shortage of specialised skills and tools for collecting, analysing, and processing data, as well as increasing pressure for high speed processing and absolute accuracy in real time transaction environments.

The modern financial and banking sector also requires rigorous risk management thinking and the capability to personalise services. Each professional is no longer simply an operational executor but must become an expert who deeply understands customers and can design tailored financial solutions while still ensuring system safety.”

He added that the partnership also aligns with the Academy’s broader strategy to strengthen international collaboration and innovation in financial education.

“BAV has always been a pioneer in integrating financial technology and AI trends into its curriculum. Our decision to collaborate with Vantage Foundation is part of our roadmap for internationalisation and innovation in training methods. We believe this partnership will connect academic learning with international practice and create a solid launchpad for students to confidently enter the global labour market.”

Through this collaboration, Vantage Foundation continues to support youth development and financial literacy initiatives aligned with Vietnam’s national focus on digital capability, fintech innovation, and workforce readiness in the financial sector.

Vantage Foundation

Vantage Foundation is an independent charitable organization launched at the McLaren Technology Centre in the UK in 2023. The foundation has partnered with organisations worldwide, including Grab Indonesia, the iREDE Foundation in Nigeria, Teach for Malaysia, and Instituto Claret in Brazil, to drive impactful social initiatives.

For more information, please visit www.vantage.foundation

Banking Academy of Vietnam

The Banking Academy of Vietnam (BAV) is a leading public higher education institution specialising in banking, finance, economics, and business administration. Established under the State Bank of Vietnam, BAV has played a pivotal role in developing the nation’s financial and banking workforce. With a strong emphasis on academic excellence, applied research, and industry relevance, the Academy serves as a key talent pipeline for Vietnam’s public and private financial sectors.

For more information, please visit https://en.hvnh.edu.vn/

Founders Metals Added to GDXJ Index; Commences Drilling at Antino North

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Advertorial Desk
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Vancouver, British Columbia – Newsfile Corp. – March 17, 2026 – Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) (“Founders” or the “Company”) announces that it has been included in the MVIS Global Junior Gold Miners Index (“MVGDXJ”), the underlying benchmark for the VanEck Junior Gold Miners ETF (“GDXJ”). Separately, the Company reports the commencement of diamond drilling at Antino North on its Antino Gold Project (“Antino” or “Project”) in southeastern Suriname, with a second rig now being mobilized to the area (Figure 1).

Highlights

  • GDXJ Index Inclusion: Founders Metals added to the MVIS Global Junior Gold Miners Index in the Q1 2026 quarterly review, triggering passive buying from index-tracking ETFs
  • Maiden Drilling at Antino North: First diamond drill rig now turning where field work has delineated ten parallel gold-bearing structures across a 4 km area
  • Second Rig Mobilizing: A second diamond drill rig is being mobilized to test the multi-km historical auger gold anomaly in the east of Antino North
  • Surface Results: Previously reported channel sampling at Antino North returned 20.0 m of 2.07 g/t Au including 7.0 m of 5.05 g/t Au
  • Auger Sampling Progress: Founders has collected over 4000 auger samples to date in 2026


Colin Padget, President & CEO, commented, “Our inclusion in the GDXJ index is a meaningful milestone for Founders and reflects the market’s growing recognition of what we are building in the Guiana Shield and brings new passive and institutional capital into the stock.”

“On the ground, we are equally excited to be now drilling at Antino North. The shear zones we’ve mapped in the northwest offer numerous compelling first drill targets where this year’s surface work has returned high-grade grab and channel results in geology similar to Upper Antino. With the scale of the new Antino North targets, we are also mobilizing a second rig that will initially test the large historical auger anomaly in the east. We see Antino North as having the potential to become a second centre of gravity within our expanding gold camp.”

About Founders Metals Inc.
Founders Metals Inc. is a Canadian gold exploration company building a district-scale gold camp in southeastern Suriname. The Company controls a 102,360-hectare contiguous land package in the Guiana Shield – the largest uninterrupted package of highly prospective greenstone belt geology in the region. Founders is backed by strategic partnerships with Gold Fields and B2Gold and is executing one of the most active exploration programs in the global junior gold sector. The Company is committed to responsible exploration, strong community engagement, and disciplined capital allocation as it advances Suriname’s next major gold camp.

ON BEHALF OF THE BOARD OF DIRECTORS,
Per: “Colin Padget”
Colin Padget
President, Chief Executive Officer, and Director

Contact Information
Katie MacKenzie, Vice President, Corporate Development
Tel: +1 306 537 8903 | katiem@fdrmetals.com

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, including statements regarding long term value creation and the Company’s prospects. Forward-looking information can generally be identified by words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, or variations indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” occur or be achieved.

Forward-looking statements are based on management’s current expectations and reasonable assumptions but are subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results to differ materially from those expressed or implied, including: general business and economic uncertainties; exploration results; mining industry risks; and other factors described in the Company’s most recent annual management discussion and analysis. Although the Company has attempted to identify important factors that could cause actual results to differ materially, other factors may cause results not to be as anticipated. There can be no assurance that forward-looking information will prove accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All material information on Founders Metals can be found at www.sedarplus.ca.

Quality Assurance and Control

Samples were analyzed at FILAB Suriname, a Bureau Veritas Certified Laboratory in Paramaribo, Suriname (a commercial certified laboratory under ISO 9001:2015). Samples are crushed to 75% passing 2.35 mm screen, riffle split (700 g) and pulverized to 85% passing 88 µm. Samples were analyzed using a 50 g fire assay (50 g aliquot) with an Atomic Absorption (AA) finish. For samples that return assay values over 5.0 grams per tonne (g/t), another cut was taken from the original pulp and fire assayed with a gravimetric finish. Founders Metals inserts blanks and certified reference standards in the sample sequence for quality control. External QA-QC checks are performed at ALS Global Laboratories (Geochemistry Division) in Lima, Peru (an ISO/IEC 17025:2017 accredited facility). A secure chain of custody is maintained in transporting and storing of all samples. Drill intervals with visible gold are assayed using metallic screening. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.

Qualified Persons

The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., an independent qualified person as defined by National Instrument 43-101.

Figure 1: Antino plan map showing progress of 2026 auger geochemical survey

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7574/288812_b62e33bd746b88f9_001full.jpg

The issuer is solely responsible for the content of this announcement.

Lanvin Group Advances Strategic Transformation and Portfolio Optimization Amid Challenging Luxury Market

By
Advertorial Desk
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  • Preliminary FY2025 revenue of €240.5 million, down 17.6% year-over-year, reflecting industry headwinds and the Group’s proactive transformation and restructuring initiatives. Figures exclude Caruso following its strategic carve-out announced on February 6, 2026(1).
  • Revenue trends improved in H2 2025, with the decline narrowing significantly compared to H1, reflecting early progress from operational adjustments and brand initiatives.
  • St. John’s revenue in North America grew 8% in local currency, demonstrating the effectiveness of its strategy of focusing on its home market. Wolford’s performance stabilized, supported by improved product supply and strong H2 momentum in e-commerce and wholesale while Lanvin advanced its creative repositioning under Artistic Director Peter Copping.
  • Strategic portfolio and retail optimization initiatives continued, including the selective closure of underperforming stores, organizational adjustments at key brands, and the successful carve-out of Caruso, enabling the Group to concentrate on its core luxury brands.
  • Leadership strengthened across the portfolio, with Marco Pozzo appointed CEO of Wolford, Barbara Werschine Deputy CEO of Lanvin, and Mandy West CEO of St. John.
  • Transformation initiatives progressed across the Group and are expected to be largely completed in 2026, strengthening the foundation for improved profitability and long-term growth.

SHANGHAI, March 17, 2026 /PRNewswire/ — Lanvin Group (NYSE: LANV, the “Group”), a global luxury fashion group with Lanvin, Wolford, Sergio Rossi and St. John in its portfolio of brands, today announced its preliminary, unaudited revenues for the full-year 2025. Despite a challenging global luxury market in 2025, Lanvin Group continued advancing its strategic transformation and portfolio optimization initiatives while strengthening the foundations of its core brands. Excluding the divested Caruso business, revenues from continuing operations totaled €240.5 million, representing an 17.6% decrease year-over-year, reflecting both ongoing market volatility and the impact of its strategic initiatives aimed at enhancing operational efficiency and long-term brand positioning.

Review of the Full-Year 2025 Preliminary, Unaudited Revenues

Lanvin Group Revenue by Brand

(Euros in Thousands)

2025A

2024A

2025A vs. 2024A

Preliminary

Audited

Growth %

Lanvin

57,627

82,720

-30 %

Wolford

75,586

87,891

-14 %

St. John

78,238

79,267

-1 %

Sergio Rossi

29,535

41,910

-30 %

Eliminations & Others

-488

76

Total Group

240,498

291,864

-18 %

The Group navigated a challenging market environment in FY2025: Amid continued volatility in the global luxury market in 2025, Lanvin Group advanced a series of strategic initiatives aimed at strengthening its long-term positioning and improving operational efficiency. Excluding the Caruso business(1), the Group reported preliminary revenues of €240.5 million, representing an 17.6% decrease year-over-year. While the overall performance reflected ongoing industry headwinds and softer consumer demand in certain markets, the Group made meaningful progress in executing its transformation initiatives, including cost discipline measures, retail network optimization, and organizational adjustments across its brand portfolio. Revenue trends improved sequentially in the second half of the year, reflecting early benefits from these actions.

Brand portfolio evolution amid operational adjustments: Across the Group’s maisons, 2025 was characterized by continued operational refinement and brand development initiatives. Lanvin advanced its creative renewal following the debut collection of Artistic Director Peter Copping, which received strong industry recognition and supported encouraging order momentum in womenswear. Wolford’s operational performance stabilized during the year as production and logistics conditions improved, with notable progress in wholesale and e-commerce channels. St. John demonstrated strong resilience in the North American market, supported by its established customer base and product offering. Sergio Rossi continued its transition toward an asset-light operational model during the year, including steps to enhance supply chain flexibility through adjustments to its manufacturing structure. At the Group level, the completion of the Caruso divestment represents an important step in the ongoing portfolio review process, enabling greater focus on the Group’s core luxury brands.

Regional dynamics reflected shifting market conditions: Regional performance in 2025 continued to reflect varying consumer sentiment across global luxury markets. North America remained comparatively stable, supported by consistent demand and established brand recognition. In contrast, EMEA and Greater China experienced softer conditions during the year, reflecting cautious wholesale purchasing patterns and evolving consumer spending trends in the luxury sector. In response, the Group continued to refine its commercial strategies across regions while prioritizing operational efficiency and brand development initiatives tailored to local market dynamics.

2026 Outlook

Looking ahead, Lanvin Group remains focused on executing its ongoing transformation initiatives while continuing to strengthen the foundations of its key brand portfolio. In 2026, the Group expects to largely complete its current transformation program.

The Group’s brands will continue to deepen their presence and leadership in their respective home markets, leveraging local insights and consumer connections to drive sustainable growth. In parallel, Lanvin Group will selectively explore opportunities to expand asset-light business initiatives and strategic partnerships that support brand development and enhance long-term growth. Combined with continued creative renewal across its brands and a streamlined operating structure, these efforts aim to reinforce the Group’s positioning within the evolving global luxury landscape.

Note: All % changes are calculated on an actual currency exchange rate basis.

     (1) On February 6, 2026, Lanvin Group announced the strategic carve-out of Caruso.
          As of the date of this press release, Caruso is no longer part of the Company’s
          consolidated group. Revenue figures for all periods presented exclude Caruso and
          reflect continuing operations only. Please refer to the Company’s forthcoming 2025
          Annual Report for additional details.

To receive email alerts of the timing of future financial news releases, as well as future announcements, please register at https://ir.lanvin-group.com.

Appendix

Lanvin Group Revenue by Brand:

(Euros in Thousands)

2025A

2024A

2025A vs. 2024A

Preliminary

Audited

Growth %

Lanvin

57,627

82,720

-30 %

Wolford

75,586

87,891

-14 %

St. John

78,238

79,267

-1 %

Sergio Rossi

29,535

41,910

-30 %

Eliminations & Others

-488

76

Total Group

240,498

291,864

-18 %

Lanvin Group Revenue by Geography:

(Euros in Thousands)

2025A

2024A

2025A vs. 2024A

Preliminary

Audited

Growth %

EMEA

90,529

114,667

-21 %

North America

116,048

123,786

-6 %

Greater China

19,487

33,882

-42 %

Other

14,434

19,529

-26 %

Total

240,498

291,864

-18 %

Lanvin Group Revenue by Channel:

(Euros in Thousands)

2025A

2024A

2025A vs. 2024A

Preliminary

Audited

Growth %

DTC/eCommerce

164,049

200,752

-18 %

Wholesale

66,670

78,898

-15 %

Other

9,779

12,214

-20 %

Total

240,498

291,864

-18 %

About Lanvin Group

Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China and Milan, Italy, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi and St. John Knits. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an understanding and access to the fastest-growing luxury fashion markets in the world. The shares of Lanvin Group are listed on the New York Stock Exchange under the ticker symbol ‘LANV’.

For more information about Lanvin Group, please visit http://www.lanvin-group.com, and to view our investor presentation, please visit www.lanvin-group.com/investor-relation/.

Disclaimer

The full-year 2025 revenues are preliminary and unaudited. Revenue figures presented reflect continuing operations and exclude Caruso following its carve-out announced on February 6, 2026. Prior periods have been presented on a comparable basis. The audit of the Group’s financial statements will be finalized at the time of the Group’s 2025 consolidated financial statements. These unaudited financial data are not a comprehensive statement of the Group’s financial results for the year ended December 31, 2025 and should not be viewed as a substitute for the Group’s full annual financial statements prepared in accordance with IFRS. These preliminary unaudited financial results are subject to revision in connection with the Group’s financial closing procedures, including the review of such financial results by the Group’s audit committee, and finalization and audit of the Group’s consolidated financial statements for the year ended December 31, 2025. During the preparation of the Group’s consolidated financial statements and related notes and the completion of the audit for the year ended December 31, 2025, additional adjustments to the preliminary estimated financial results presented above may be identified. Actual results for the period reported may differ from these preliminary results.

Forward-Looking Statements

This communication, including the section “2026 Outlook”, contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, Lanvin Group’s ability to timely complete its financial closing procedures and finalize its consolidated financial statements for fiscal year 2025; changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of health epidemics, pandemics and similar outbreaks, including the COVID-19 pandemic on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this communication. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this communication. Accordingly, reliance should not be placed upon the forward-looking statements.

Enquiries:

Media
Lanvin Group
Winni Ren
winni.ren@lanvin-group.com 

Investors
Lanvin Group
Coco Wang
coco.wang@lanvin-group.com 

 

Oral Small Molecule Amylin Receptor Agonist ASC39 Demonstrated Eloralintide-like Amylin Selectivity and Efficacy in Preclinical Models

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Advertorial Desk
-

– In a head-to-head cyclic adenosine monophosphate (cAMP) activation assay vs. eloralintide, oral small molecule amylin receptor agonist ASC39 demonstrated similar selectivity and potency to that of eloralintide. EC50  for human amylin 1 receptor (hAMY1R) was 21.4 pM and 21.2 pM for ASC39 and eloralintide, respectively. EC50 for human calcitonin receptor (hCTR) was 846.1 pM and 1,350.8 pM for ASC39 and eloralintide, respectively. These data indicate ASC39 and eloralintide have similar selectivity for hAMY1R over hCTR.

– In a head-to-head diet-induced obese (DIO) rat study vs. eloralintide, efficacy of ASC39 oral dosing was comparable to that of eloralintide, demonstrating significant placebo adjusted weight loss of 6.6% and 5.6% for ASC39 and eloralintide, respectively.

– Submission of an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) for ASC39 oral tablets is expected in the third quarter of 2026.

HONG KONG, March 17, 2026 /PRNewswire/ — Ascletis Pharma Inc. (HKEX: 1672, “Ascletis”) announces that it has selected ASC39, a potent and amylin-selective oral small molecule amylin receptor agonist, as a clinical development candidate. Ascletis expects to submit an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) for ASC39 oral tablets for the treatment of obesity in the third quarter of 2026.

ASC39 has a unique chemical scaffold that was discovered in-house utilizing Ascletis’ Artificial Intelligence-assisted Structure-Based Drug Discovery (AISBDD) technology. In a head-to-head cyclic adenosine monophosphate (cAMP) activation assay comparing ASC39 to eloralintide, EC50 (half maximal effective concentration) for human amylin 1 receptor (hAMY1R) was 21.4 pM and 21.2 pM for ASC39 and eloralintide (an amylin peptide analog), respectively. EC50 for human calcitonin receptor (hCTR) was 846.1 pM and 1,350.8 pM for ASC39 and eloralintide, respectively. These data indicate that ASC39 is highly selective for hAMY1R over hCTR with comparable selectivity to eloralintide. ASC39 and eloralintide were 40-fold and 64-fold, respectively more selective for hAMY1R over hCTR.

In a head-to-head diet-induced obese (DIO) rat study, compared with placebo (vehicle)-treated obese rats, oral daily administration of ASC39 resulted in statistically significant weight loss which was comparable to eloralintide (Table 1). Once-daily oral administration of 5 mg/kg ASC39 for 6 consecutive days produced significant placebo adjusted weight loss of 6.6%. Once-every-three-day subcutaneous (SQ) administration of 3 nmol/kg eloralintide for 6 consecutive days produced significant placebo adjusted weight loss of 5.6%, which is consistent with the literature data[1] .

Table 1. Once-daily oral administration of ASC39 for 6 consecutive days produced statistically significant body weight reduction, with an efficacy comparable to that of eloralintide.

Group

Dosing

Total body weight change

from baseline

Obese rats treated with vehicle

Vehicle, 

PO, QD

0.6 %

Obese rats treated with eloralintide

3 nmol/kg,

SQ, Q3D

-5.0%

(p<0.0001 vs

obese rats treated with vehicle)

Obese rats treated with ASC39

5 mg/kg,

PO, QD

-6.0%

(p<0.0001 vs

obese rats treated with vehicle)

Notes:

a. SQ: subcutaneous; PO: oral administration; Q3D: once every 3 days; QD: once daily.

b. The body weight on Day 1 was set as the baseline.

c. Obese rats: diet-induced obese rats.

ASC39 demonstrated favorable pharmacokinetic profiles in rats and non-human primates (NHPs), supporting once-daily oral dosing in humans.

“Ascletis is committed to developing treatment options for patients living with obesity,” said Jinzi Jason Wu, Ph.D., Founder, Chairman and CEO of Ascletis. “As such, we are excited to be advancing the first oral small molecule eloralintide-like selective amylin receptor agonist into the clinic later this year. We believe ASC39 may provide efficacy and safety similar to Eli Lilly’s eloralintide with the patient convenience and commercial scalability of a once-daily oral small molecule.”

ASC39, a potent and amylin-selective oral small molecule amylin receptor agonist, is being developed as a monotherapy and in combination with ASC30, Ascletis’ oral small molecule, Phase III ready GLP-1, for the treatment of metabolic diseases including obesity. This new oral small molecule amylin is in addition to Ascletis’ current amylin peptide portfolio that includes ASC36, a once-monthly to once quarterly SQ amylin peptide for monotherapy and a fixed dosed combination of ASC36 and once-monthly ASC35, a GLP-1/GIP SQ peptide.

[1] Briere DA, Qu H, Lansu K, et al. Eloralintide (LY3841136), a novel amylin receptor agonist for the treatment of obesity: From discovery to clinical proof of concept. Mol Metab. 2025;102:102271. doi:10.1016/j.molmet.2025.102271

About Ascletis Pharma Inc.

Ascletis Pharma Inc. is a fully integrated biotechnology company focused on the development and commercialization of potential best-in-class and first-in-class therapeutics to treat metabolic diseases. Utilizing its proprietary Artificial Intelligence-assisted Structure-Based Drug Discovery (AISBDD) and Ultra-Long-Acting Platform (ULAP) technologies as well as Peptide Oral Transport ENhancement Technology (POTENT), Ascletis has developed multiple drug candidates in-house, including both small molecules and peptides, such as its lead program, ASC30, a small molecule GLP-1R agonist designed to be administered once daily orally and once monthly to once quarterly subcutaneously as a treatment therapy and a maintenance therapy for chronic weight management; ASC36, an amylin receptor peptide agonist, ASC35, a once-monthly subcutaneously administered GLP-1R/GIPR dual peptide agonist and ASC37, a GLP-1R/GIPR/GCGR triple peptide agonist, and ASC39, a potent and amylin-selective oral small molecule amylin receptor agonist, for chronic weight management. Ascletis is listed on the Hong Kong Stock Exchange (1672.HK).

For more information, please visit www.ascletis.com. 

Contact:
Peter Vozzo
ICR Healthcare
443-231-0505 (U.S.)
Peter.vozzo@icrhealthcare.com 

Ascletis Pharma Inc. PR and IR Teams
+86-181-0650-9129 (China)
pr@ascletis.com
ir@ascletis.com

Laos Eyes BRT Expansion to Airport, Railway Station

By
Phoudasack Vongsay
-
BRT system expansion planned in Vientiane connecting airport and railway station
A picture of BRT station in Vientiane, Laos

The Lao government is considering expanding the Bus Rapid Transit (BRT) system in Vientiane to connect key transport hubs, including Wattay International Airport and the Laos–China Railway station. 

Authorities discussed the proposal on 16 March, looking for ways to manage rising fuel prices and possible fuel shortages linked to the Middle East conflict, which has disrupted global energy markets and regional supply chains.

Under ongoing policy reviews, officials are studying plans to extend the BRT network across the capital. The expansion forms part of broader efforts to reduce fuel consumption and promote the wider use of electric vehicles in Laos.

Officials say expanding the BRT network could encourage more people to shift from private cars and motorcycles to public transportation, helping lower overall fuel use. It could also ease congestion in high-traffic areas such as airport and railway pick-up points, while improving connectivity for both domestic and international travelers.

Authorities added that strengthening public transportation and supporting electric mobility are key steps in responding to fuel supply risks while building a more sustainable transport system.

Public transport measures expands beyond the capital

Efforts to improve public transportation are also underway outside Vientiane.

In Pakse, local authorities launched a temporary free public bus service on 17 March to help residents cope with fuel shortages and rising travel costs.

The service allows both government officials and the general public to ride state-run buses free of charge along several routes across the city and nearby districts. 

Officials say the initiative is designed to encourage people to use public transportation and reduce reliance on private vehicles during the fuel shortage

Delta Exhibits Energy-saving Solutions for 800 VDC in Next-Gen AI Factories and Digital Twin Applications Built on Omniverse at NVIDIA GTC 2026

By
Advertorial Desk
-

TAIPEI, March 17, 2026 /PRNewswire/ — Delta Electronics, Inc. (“Delta”), a global leader in power management and smart green solutions, is showcasing at NVIDIA GTC 2026 its latest spectrum of energy-saving power, liquid cooling, and microgrid solutions engineered specifically for the 800 VDC architecture of next-generation AI factories. Visitors at Delta’s booth will also have the opportunity to experience AI digital twins built with NVIDIA Omniverse libraries and their tangible advantages in building automation and smart manufacturing applications.

Ping Cheng, Delta’s Chairman and CEO, said, “The AI era is transforming industries and business models with unprecedented speed while placing greater demands on data center infrastructure and energy efficiency. By leveraging 55 years of innovation since its founding, Delta has once again advanced the capabilities of its power, cooling, and infrastructure solutions to enable superior energy efficiency and resilience ‘from grid to chip’ for the AI factories of the future. At NVIDIA GTC 2026, we are also demonstrating AI digital twins leveraging NVIDIA Omniverse libraries that have delivered palpable benefits across two of our key domains. We look forward to collaborating with NVIDIA and industry partners to scale up AI applications across industries.”

Next-generation AI factories will require higher DC voltage power systems, such as 800 VDC, to enable superior performance with next-generation high compute density racks while guaranteeing energy efficiency and resilience. To advance the adoption and sustainability of 800 VDC power architectures, Delta is unveiling its comprehensive and versatile portfolio of newly developed power, liquid cooling, and microgrid solutions at NVIDIA GTC 2026. Key highlights include the 800 VDC In-Row 660kW Power Racks with embedded 80kW Battery Backup Units (BBU) for each shelf (480kW in total) and AC-DC efficiency as high as 98%; two In-Row Coolant Distribution Units (CDU) offering 3,000kW and 2,400kW of cooling capacity respectively, the latter supporting 800 VDC with N+1 pump design; as well as a revolutionary Microgrid Solution, which boasts Delta’s newly developed Solid State Transformer (SST) and Solid Oxide Fuel Cell (SOFC) technologies, as well as all-in-one energy storage systems.

The showcase also highlights AI digital twins built with NVIDIA Omniverse that have enhanced Delta’s solutions and smart manufacturing operations with substantial improvements across the board:

  • Delta’s building automation solutions leveraged Omniverse high-fidelity capabilities and generative AI-enabled tools to integrate real-time lighting, solar heat, HVAC, sensors, and building automation controls into augmented photorealistic dynamic simulations. This approach helped achieve not only up to 20% potential energy savings, but also an improvement in occupant comfort at Delta’s own headquarters in Taipei.
  • Omniverse-driven AI digital twins have also been instrumental for Delta’s smart manufacturing of AI server power supplies in Thailand. The cyber-physical integration of product design, equipment, robotics, and process data into a high-fidelity AI digital twin allows for the substantial acceleration of offline engineering cycles, ultimately resulting in much faster line deployment. Furthermore, this AI-driven digital twin also helped to speed up the decentralized manufacturing with centralized management necessary to facilitate the transition toward autonomous factories.

Visitors are welcome to Delta’s booth #1221 at NVIDIA GTC 2026 to witness the new era of NVIDIA Omniverse AI digital twins in multiple applications and the benefits of our solutions for the upcoming 800 VDC power architecture of AI factories.

About Delta

Delta, founded in 1971 and listed on the Taiwan Stock Exchange (code:2308), is a global leader in power and thermal management with a thriving portfolio of IoT-based smart energy-saving solutions in the fields of data center infrastructure, microgrids, smart manufacturing, intelligent buildings, and E-mobility to nurture mankind’s sustainable development. As a world-class corporate citizen guided by its corporate mission, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues related to climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received numerous awards and worldwide recognition for its business achievements, innovative technologies, and dedication to ESG. Since 2011, Delta has been listed on the Dow Jones Best-in-Class World Index (formerly the DJSI World Index of Dow Jones Sustainability™ Indices) for 14 consecutive years. Delta has also won double A List ratings from CDP 5 times for its substantial contribution to climate change and water security issues, and has been named Supplier Engagement Leader over 8 consecutive years for its continuous development of a sustainable value chain.

For detailed information about Delta, please visit: www.deltaww.com

XCL Education Enters Thailand’s Eastern Economic Corridor with Mooltripakdee Partnership

By
Advertorial Desk
-

SINGAPORE and PATTAYA, Thailand, March 17, 2026 /PRNewswire/ — XCL Education (“XCL”), one of Southeast Asia’s leading K-12 education platforms, has entered a strategic partnership with Mooltripakdee International School (MIS) in Chonburi, Thailand — marking a decisive entry into the Eastern Economic Corridor (EEC), one of the region’s rapidly developing economic zones.

XCL Education Group Thailand Schools
XCL Education Group Thailand Schools

Founded in 1988, MIS has grown from a Montessori nursery into a respected Cambridge International school delivering the British curriculum to approximately 1,000 students from Early Years through Year 13. Situated near Pattaya in the industrial heart of the Chonburi-Rayong region, it currently ranks among the three largest international schools in the area.

The partnership marks XCL’s deliberate expansion into the EEC — one of Southeast Asia’s fastest-growing industrial and commercial zones — and brings its regional network to approximately 21,000 students across 19 schools in Singapore, Malaysia, Vietnam, and Thailand. With MIS now alongside XCL American School of Bangkok and D-PREP International School, XCL will offer a diverse portfolio of both Cambridge International and American curricula in Thailand.

Mooltripakdee International School Pattaya
Mooltripakdee International School Pattaya

“MIS has spent over thirty years building a school with deep roots in its community and a stellar reputation for quality,” said Gilles Mahe, Group CEO of XCL Education. “Our goal is to build on that. We bring regional scale and operational depth; MIS brings heritage, trust, and an educator community that genuinely knows its students.”

By joining the XCL network MIS faculty will draw on the collective knowledge of 19 schools across four countries — a practical exchange of approaches, best practices and curriculum insight, while staff will gain access to career pathways and mobility across a network that spans four Southeast Asian markets. Underpinning both is XCL’s group-wide technology infrastructure.

The integration will be led by Dr. Connie Kim, Head of School at XCL American School of Bangkok, alongside Ms. Kannika Koompairojn, Managing Director of XCL Thailand. Dr. Kim brings 28 years of international education experience spanning the USA, South Korea, Hong Kong, Vietnam, and Thailand, across three curriculum frameworks — American, British, and IB.

About XCL Education

XCL Education is a leading education network in Southeast Asia, igniting the potential of 21,000 students across 19 K-12 schools and 38 preschools in 4 countries. Our network of 2,000 educators personalize learning, fostering curiosity, critical thinking, and a global mindset to empower every student to thrive. XCL offers globally recognized programs, including the IB, British, and American curricula, to develop adaptable, future-ready students. To learn more, visit XCL Education.  Follow us on LinkedIn  

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