City Chic Collective Limited · ASX:CCX
City Chic Collective — Shareholder Meeting (November 2020)
15 slides from City Chic Collective's shareholder meeting presentation, Nov 20, 2020
Slide 1: Leading a World of Curves – Annual General Meeting
LEADING A WORLD OF CURVES ANNUAL GENERAL MEETING 20 November 2020
Slide 2: Your Board of Directors
YOUR BOARD OF DIRECTORS MICHAEL KAY MICHAEL HARDWICK MEGAN QUINN PHIL RYAN Chairman Non-Executive Director Non-Executive Director Managing Director, CEO Non-Executive Director 2
Slide 3: Chairman's Address
CHAIRMAN’S ADDRESS Michael Kay
Slide 4: FY20 Recap
FY20 RECAP OPERATIONAL HIGHLIGHTS FINANCIAL HIGHLIGHTS • Acquisition and integration of Avenue $194m 0.4% 31.0% Global Sales Comp Sales1 Top Line Sales Growth Growth • Expanded online offering, which included the launch of Fox & Royal in ANZ (Hips & Curves extension) • Launched new global eCommerce
Slide 5: CEO's Address
CEO’S ADDRESS Phil Ryan city chic collective
Slide 6: Leading a World of Curves
LEADING A WORLD OF CURVES CITY CHIC AVENUE HIPS & CURVES / CCX CLOUDWALKER FOX & ROYAL 6
Slide 7: Resilience Through COVID-19
RESILIENCE THROUGH COVID-19 • Diversified omni-channel offering with online channel trading mostly undisrupted through COVID; offset period of temporary store closures • Strong digital presence and the supporting customer delivery capability has facilitated online growth; two-thirds of business is n
Slide 8: Customer-Centric Operating Model
CUSTOMER-CENTRIC OPERATING MODEL Nimble operating model; respond Highly engaged Omni-channel Strong engagement through social media Own the customer, quickly to changes and growing strategy; multiple and World of Curves not the category in demand customer base touchpoints Geographically Reactive Lon
Slide 9: A Year of Avenue Integration
A YEAR OF • Earnings accretive and trading profitably; exceeding sales and earnings expectations Avenue ranked one of the best 2021 • Store customer re-engagement underway through direct mail and digital Women’s Fashion retargeting, with pleasing early signs (single brands) by • New eCommerce experi
Slide 10: Brand Portfolio & Strategic Opportunity
BRAND PORTFOLIO & STRATEGIC OPPORTUNITY FASHION / YOUTH CONSERVATIVE INTIMATES Australia • Online Website and NZ • 97 Stores Market Share Expansion and Greater Share of Wallet Market Entry Opportunity Greater Share of Wallet • Online Websites North • Online Marketplaces America CLOUDWALKER • Wholesa
Slide 11: Key Initiatives to Lead a World of Curves
KEY INITIATIVES TO LEAD A WORLD OF CURVES • Significant market share opportunity in the addressable plus size market in North America • US logistics consolidation complete to enable cross selling opportunities Market Share Expansion in • Leveraging Avenue customer base to sell City Chic product; ear
Slide 12: Customer-Focused Growth Strategy
CUSTOMER-FOCUSED GROWTH STRATEGY Customer Numbers1 '000 Online Sales1 $m 65% +29% Online Growth Sales +34% 53% Growth Online Sales +3% 663 127 44% Growth Online +4% Growth 40% Sales 515 Online 93 Sales 375 385 65 55 Dec-18 Jun-19 Dec-19 Jun-20 Dec-18 Jun-19 Dec-19 Jun-20 1. Defined as transacted and
Slide 13: FY21 Trading Update
FY21 TRADING UPDATE • Positive comparable sales growth in the first 20 weeks of FY211 – 18.7% excluding temporary Victorian store closures – 7.9% including temporary Victorian store closures • Positive like-for-like stores sales growth (excluding online and Victorian stores) • Strong momentum for AN
Slide 14: AGM Proxy Summary as at Proxy Close
2 0 2 0 AG M p r ox y s u m m a r y a s a t p r ox y c l o s e Resolution For Open Against Abstain 148,175,977 900,693 1,503,597 1. Adoption of the Remuneration Report 1,003,955 98.40% 0.60% 1.00% 150,117,784 909,891 180,103 2. Re-election of Director - Ms Megan Quinn 376,444 99.28% 0.60% 0.12% 83,0
Slide 15: Important Information
IMPORTANT INFORMATION This presentation has been prepared by City Chic Collective Limited (the “Company”). It contains general background information about the Company’s activities and does not purport to be complete. It should be read in conjunction with the Company’s other periodic and continuous
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