City Chic Collective Limited · ASX:CCX
City Chic Collective — Investor Presentation (April 2022)
22 slides from City Chic Collective's investor presentation, Apr 27, 2022
Slide 1: Investor Presentation and Trading Update
27 April 2022 City Chic Collective Limited Investor Presentation and Trading Update City Chic Collective Limited (ASX: CCX) (“City Chic”, or the “Group”) today announces a trading update for 2H FY22 to date (the 17 trading weeks from 27 December 2021 to 24 April 2022), ahead of presenting at the Gol
Slide 2: Investor Conference Presentation
LEADING A WO R L D O F C U R V E S INVESTOR CONFERENCE PRESENTATION 27 APRIL 2022 Phil Ryan, CEO Peter McClelland, CFO
Slide 3: Presentation Highlights
PRESENTATION HIGHLIGHTS • Execution of strategic plan on track for global growth • Product range that resonates globally • Strong 1H performance (Sales $178m representing 46% growth and $23.5m underlying EBITDA2) • 2H to date1 - strong total sales growth at 25% on pcp: o USA total sales growth of 47
Slide 4: 1H 2022
1. 1H 2022 city chic collective
Slide 5: 1H FY22 Result Highlights
1H FY22 RESULT HIGHLIGHTS $178m Global Sales Australia, New Zealand, USA, Canada, UK, Europe, Middle East 77% 49.8% 44.0% Online Sales Top-line Sales Comp Sales Penetration (LTM)2 Growth Growth1 $178.3m 1.32m 71.7m Global Sales6 Active Customers3,6 Global Traffic5,6 64% YoY Growth 71% YoY Growth ANZ
Slide 6: Global Business Overview
GLOBAL BUSINESS OVERVIEW AMERICAS EMEA AUSTRALIA & NEW ZEALAND Wholesale, Wholesale, Marketplace, 6% 2% 5% Marketplace, 2% Stores, 35% $77.2m $20.3m $80.8m Revenue Revenue Revenue Online Online Websites, 92% Websites, 93% Online, 65% • 582k Active Customers1 (42% YoY Growth) • 251k Active Customers1
Slide 7: Business Overview and Strategy
2. BUSINESS OV E RV I E W A N D S T R AT E G Y 6
Slide 8: Global Plus-Size Landscape
GLOBAL PLUS-SIZE LANDSCAPE Currently address US$100bn+ of the US$180bn1 total global plus size market Entry into US$45bn European market in FY22 with Navabi acquisition2 • Plus-size market forecast to grow c.7%1 annually • Average annual spend in plus-size is ANZ, $2bn currently materially less than
Slide 9: Global Product Range Executing Our Strategy
THE DESTINATION FOR HER EVERY LIFESTYLE NEED GLOBAL GLOBAL DIGITAL GLOBAL EXECUTING OUR PRODUCT RANGE STORE FRONTS PLUS-SIZE MARKET STRATEGY Deliver the Global Plus-size Collective’s significant Customer across various product range to the global plus-size 8k+ 15+ lifestyles: fashion, youth, convers
Slide 10: Key Initiatives to Lead a World of Curves
KEY INITIATIVES TO LEAD A WORLD OF CURVES MARKET SHARE EXPANSION MARKET SHARE EXPANSION MARKET ENTRY FOR MARKET ENTRY IN EUROPE IN THE AMERICAS IN THE UK ‘CONSERVATIVE VALUE’ IN ANZ • Significant market share • Significant market share • Significant market share opportunity in • Significant market s
Slide 11: Customer-Centric Operating Model
CUSTOMER-CENTRIC OPERATING MODEL Nimble operating model; respond quickly to changes in demand Highly engaged Diversified and growing Product Range customer base Long-standing Executive Omni-channel team that strategy; multiple knows the touchpoints customer Geographically Own the diverse customer, o
Slide 12: Global Marketplace Partnerships
GLOBAL MARKETPLACE PARTNERSHIPS1 Partnerships in new and existing regions form a part of our customer acquisition strategy; leveraging infrastructure to profitably bring awareness to our global brands as trends continue online Established 1H FY22 New in 2H FY22 ANZ AMERICA EMEA (UK + Middle East) 1.
Slide 13: The Future of Digital Privacy
THE FUTURE OF DIGITAL PRIVACY Data protection has experienced a paradigm shift over the last few years with GDPR in Europe, CCPA in California & PIPEDA in Canada. As a global digital retailer, we are looking to adapt to these changes by moving from client-side to server-side tracking. We are removin
Slide 14: Traffic Analysis
TRAFFIC ANALYSIS EVANS COMPARISON TO PREDICTIVE TRAFFIC ALGORITHMS 3-Month Rolling - Evans • There has been a lot of focus and commentary about traffic and performance reported through third party predictive traffic algorithms, especially in relation to the Evans website Traffic Volumes • We have gr
Slide 15: Trading Update 2H FY To Date
3. T R A D I N G U P D AT E 2 H F Y 2 2 T O D AT E 1 1. 17 trading weeks from 27 Dec to 24 14 April
Slide 16: Trading Update by Channel and Region - 2H FY22 to Date
TRADING UPDATE BY CHANNEL AND REGION - 2H FY22 TO DATE3 REVENUE BY CHANNEL CONTRIBUTION BY CHANNEL Sales Sales 1H FY22 2H FY22 To Date3 Sales Sales Growth 2H FY22 To Growth % Revenue 1H FY22 Revenue % Date3 (Reportin 1% (A$m) 3% 2.8% (A$m) (Reporti g) 7.9% ng) Online 77.8 22.7% 16% Online 142.1 72.2
Slide 17: Trading Update - 2H FY22 to Date
TRADING UPDATE - 2H FY22 TO DATE1 City Chic has delivered strong sales growth of 25% in 2H FY22 to date1, underpinned by the Group’s strong instock inventory position, despite ongoing volatility in global supply and demand. Trading margins at a regional and channel level have remained consistent on
Slide 18: Global Partnerships Rapidly Growing; Sales Growth Up 465%
GLOBAL PARTNERSHIPS RAPIDLY GROWING; SALES GROWTH UP 465% IN 2H FY22 TO DATE1 Partner growth extends our omni-channel presence in key growth markets. Being adaptive to the partner, to maximise the revenue opportunity, has been a key learning and execution priority during 2H. Existing partnerships Ne
Slide 19: Trading Update - 2H FY22 to Date
TRADING UPDATE – 2H FY22 TO DATE1 ANZ has continued to grow sales in 2H FY221 at 3%, against a strong pcp and in a challenging market due to the continued impact of the COVID-19 Omicron variant in the first few months of the second half. • Online has continued to grow at 13%, against a strong FY21 b
Slide 20: 2H FY22 Outlook
2H FY22 OUTLOOK City Chic expects 2H FY22 EBITDA to exceed 1H FY22 EBITDA, subject to ongoing consumer demand in the key trading months of May and June. • Our proactive management of inventory has countered the ongoing and increasing global supply chain disruptions • We have the inventory ready, and
Slide 21: Q&A
Q&A city chic collective
Slide 22: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER 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 con
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