Lanvin Group Holdings Limited · NYSE:LANV
Lanvin — FY2024 Earnings Presentation
18 slides from Lanvin's earnings presentation, Feb 28, 2025
Slide 1: Lanvin Group Preliminary FY 2024 Revenues
LANVIN GROUP PRELIMINARY FY 2024 REVENUES February 2025
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements This presentation, including the sections “LANVIN GROUP 2024 PRELIMINARY REVENUES”, “2025 GUIDANCE”, “BRAND LEVEL RESULTS” and “APPENDIX”, contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform
Slide 3: A Unique Global Luxury Platform
A UNIQUE GLOBAL LUXURY PLATFORM
Slide 4: Lanvin Group's brands and 2024 revenues
4 Source: Company website. Company information. Note: All financial figures are unaudited estimates as of December 31, 2024 and represent each brand’s revenues, net of eliminations. A WARDROBE OF LUXURY AND CONTEMPORARY ELEGANCE SINCE 1889 2024 Revenues – €83 million % of Group Revenues – 25% A Lead
Slide 5: Lanvin Group 2024 Preliminary Revenues
5 LANVIN GROUP 2024 PRELIMINARY REVENUES THE GROUP SET FOUNDATION FOR A GRADUAL RETURN TO GROWTH Note: Results are presented on an unaudited basis. (1) Total revenue of Lanvin group includes Group eliminations. (2) Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi
Slide 6: 2025 Guidance
6 2025 GUIDANCE 01 Enhance management by cultivating a dynamic and experienced leadership team that is agile and adaptable to change 02 Establish a second headquarters in Europe, a strategic move aimed at streamlining operations, and enhancing decision-making agility 03 Search for new revenue growth
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Slide 8: Lanvin 2024 Preliminary Revenues and 2025 Guidance
8 48 57 64 29 34 55 56 43 35 2020A 2021A 2022A 2023A 2024A Lanvin Global Revenue 2020A – 2024A H2 H1 LANVIN 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS 8 € in millions Lanvin Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % €120M €73M 2024 YoY Growth
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Slide 10: Wolford Key Takeaways
10 10 KEY TAKEAWAYS Wolford Global Revenue by Region and Channel in 2024 % of Total Revenues, 2024 YoY Growth % 76% 24% 62% 30% 8% 0% DTC -23% Wholesale -46% Other NM North America -17% EMEA -36% Greater China -27% Other NM 2024 2024 Note: Revenue eliminations are not allocated by brand and result m
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Slide 12: Sergio Rossi 2024 Preliminary Revenues and 2025 Guidance
12 20 33 26 27 22 26 35 33 2021PF 2022A 2023A 2024A Sergio Rossi Global Revenue 2021A – 2024A H2 H1 SERGIO ROSSI 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenue declined 30% from €60M in 2023 to €42M in 2024. • EMEA market declined 35%, mainly due to European wholesale conditions
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Slide 14: St. John 2024 Preliminary Revenues and 2025 Guidance
14 1% 94% 5% - 33 42 47 40 67 40 44 44 39 2020A 2021A 2022A 2023A 2024A St. John Global Revenue 2020A - 2024A H2 H1 ST. JOHN 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenue declined 12% from €90M in 2023 to €79M in 2024. Decline in luxury demand and global economy challenges both
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Slide 16: Caruso 2024 Preliminary Revenues and 2025 Guidance
16 20 20 15 12 25 17 20 16 12 2020 2021 2022 2023 2024 Caruso Global Revenue 2020A – 2024A H2 H1 CARUSO 2024 PRELIMINARY REVENUES AND 2025 GUIDANCE KEY TAKEAWAYS • Revenues decreased slightly by -7% from €40M in 2023 to €37M in 2024. • B2B Maisons orders decreased due to a difficult luxury market th
Slide 17: Appendix
APPENDIX LANVIN GROUP
Slide 18: Lanvin Group Revenue Results
18 LANVIN GROUP REVENUE RESULTS Note: FY2024 Results are presented on an unaudited basis. (Euros in Thousands, unless otherwise noted) 2020A 2021A 2022A 2023A 2024A 2021A v 2022A v 2023A v 2024A v 20-24 FY FY FY FY FY 2020A 2021A 2022A 2023A CAGR Lanvin 34,989 72,872 119,847 111,740 82,720 108.3% 64