Lanvin Group Holdings Limited · NYSE:LANV
Lanvin — FY2023 Earnings Presentation
19 slides from Lanvin's earnings presentation, Feb 21, 2024
Slide 1: Preliminary FY 2023 Results
yf \ | see Exhibit 99.2 LANVIN GROUP PRELIMINARY FY 2023 DEENA February 2024 LANVIN GROUP
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation, including the sections “LANVIN GROUP 2023 PRELIMINARY REVENUES”, “2024 GUIDANCE”, “BRAND-LEVEL 2023 PRELIMINARY REVENUE” and “APPENDIX”, contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Lit
Slide 3: A Unique Global Luxury Platform
A UNIQUE GLOBAL LUXURY PLATFORM 2073 was a year of macroeconomic headwinds and global challenges. Lanvin Group showed tremendous resilience and continued on its growth trajectory. 2023.was also a year thal our group and our brands proved thei ability to manage through adverse market conditions and e
Slide 4: Lanvin Group's brands work together to build a wardrobe of modern, generational luxury
LANVIN GROUP’S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRAND’S CREATIVITIES AND CORE SKILLS IN DESIGN AND PRODUCTION SINCE SINCE 2023 Revenues – €90 million % of Group Revenues – 21% 2023 Revenues – €112 million % of Group Revenue
Slide 5: The Group showed resilience in a challenging market environment
THE GROUP SHOWED RESILIENCE IN A CHALLENGING MARKET ENVIRONMENT CONTINUED GROWTH TREND FROM FY 2020 TO FY 2023 (1) Total Revenue € in millions • Group consolidated revenue grew to €426 million €426 €422 for FY 2023, a 1% increase over FY 2022, despite 7% 9% (3) €339 challenging markets 15% 14% (2) €
Slide 6: 2024 Guidance
Globally luxury market remains uncertain, but regional economies such as North America look poised for a soft landing The Group plans to approach the market tactically to capture opportunities for growth and market share gains Ongoing margin improvement through focused brand strategies, increasing o
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Slide 8: Lanvin Global Revenue 2020A–2023A
Lanvin Global Revenue 2020A – 2023A € in millions 2023 YoY Growth H2 H1 -7% €120M €112M 56M -2% KEY HIGHLIGHTS 55M €73M 43M €35M • Revenue decreased by 7% from €120M in 2022 to €112M in 2023 while undergoing 64M 57M -11% a creative transition; and despite further softening of the global luxury marke
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Slide 10: Wolford Global Revenue 2020A–2023A
Wolford Global Revenue 2020A – 2023A 2023 YoY € in millions Growth % 1% €127M H2 €126M H1 €109M €95M -4% 68M 72M KEY HIGHLIGHTS 67M 8% • Revenue grew 1% from €126M in 2022 to €127M in 2023 59M 54M 42M • 32% growth in APAC (Greater China + Other Asia), and slight decreases in EMEA despite macroeconom
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Slide 12: Sergio Rossi Global Revenue 2020A–2023A
Sergio Rossi Global Revenue 2020A – 2023A € in millions 2023 YoY H2 Growth % H1 -4% €62M €60M €59M KEY HIGHLIGHTS 27M -24% 35M 33M €29M • Revenue decreased slightly from €62M in 2022 to €60M in 2023, a 4% decrease 33M 27M 26M 22% • Regional growth was driven by improving DTC revenue in Greater China
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Slide 14: St. John Global Revenue 2020A–2023A
St. John Global Revenue 2020A - 2023A 2023 YoY € in millions Growth % €90M €86M H2 5% H1 €73M €67M 44M 44M -1% KEY HIGHLIGHTS 40M 11% • Revenue grew 5% from €86M in 2022 to €90M in 2023 47M 42M 33M • Continued DTC revenue growth, building upon its achievements in 2022, channel revenue up 7%, and eCo
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Slide 16: Caruso Global Revenue 2020A–2023A
Caruso Global Revenue 2020A – 2023A € in millions 2023 YoY Growth % H2 H1 30% €40M €31M KEY HIGHLIGHTS 20M 26% €26M €25M 16M 12M • Revenue grew 30% from €31M in 2022 to €40M in 2023 20M 34% 15M 12M • The Caruso brand continued its growth trend, with its business nearly doubling in two years thanks t
Slide 17: Appendix
APPENDIX LANVIN GROUP
Slide 18: Lanvin Group Revenues by Brand
(Euros in Thousands, unless otherwise noted) Revenue Growth % Lanvin Group Revenues 2020A 2021A 2022A 2023A 2023A 2023A 2021A v 2022A v 2023A v 20-23 by Brand FY FY FY H1 H2 FY 2020A 2021A 2022A CAGR Lanvin 34,989 72,872 119,847 57,052 54,688 111,740 108.3% 64.5% -6.8% 47.3% Wolford 95,384 109,332 1
Slide 19: Investor and Media Contacts
Investors Lanvin Group James Kim james.kim@lanvin-group.com Media Lanvin Group Miya He miya.he@lanvin-group.com