Today's speakers
Luca Sburlati Innocenzo Tamborrini
Sara
De Benedetti
CEO
▪ Institutional role on President-designate of
Confindustria Moda
▪ 12 years in Pattern
▪ 17 years of Fashion & Luxury industry experience as a Top Manager
▪ Education: Executive MBA Bocconi / Graduated
International Political Sciences
CFO
▪ 15 years in Pattern
▪ 22 years as CFO and
Senior Controller
▪ Education: Graduated in
Economics
Investor Relations
Manager
▪ 6 years in Pattern
▪ 13 years in communication, last 9 years focused on the International Fashion Industry
▪ Education: MSc Bocconi in
Economics
is a
landmark for top-end
Luxury Fashion Engineering & Production
Index
1. FY2024 Overview
2. Market, Outlook & Group Strategy
3. Financials FY2024
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FY2024 Overview
FY2024 Overview
Resilient results, slightly above expectations. FY2024 revenue in line with the FY2023 proforma* revenue The sharp decline in Leather goods was offset by growth in Knitwear, strengthened by the acquisition of Umbria Verde Mattioli, and the solid hold of Ready To Wear.
Success factors:
a) a mix of customers that is on average more "resilient";
b) the willingness of customers to invest in innovation and the development of new products to introduce fresh and updated offerings to the markets.
Targeted acquisition strategy on specialised product development and engineering companies decisive
The creation of specialised Operating Centres has optimised industrial and logistical synergies, improving efficiency and reorganization
Innovation remains central to the future, with investments in sustainable technologies thanks to DHouse and Dyloan Bond Factory, leading the transition to 'circular design'.
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* Proforma sales revenue as of December 31, 2023 does not include the business unit subsequently sold to Burberry at the beginning of October 2023.
The Italian Hub of Luxury Fashion Engineering & Production
Pattern Group is present in the main product categories (men's and womenswear, knitwear, still fabrics, leather goods, clothing and accessories) starting from the Research and Engineering phase all the way through to Production
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Market, Outlook & Group Strategy
Pattern Group Outlook 2025: Challenges at every turn
The global fashion industry faces economic uncertainty, a dynamic market, and consumer behavior shifts. Finding pockets of growth means navigating a complex maze.
2025 appears to be an even more complex year due to the uncertainty generated by both the ongoing conflict and US trade policies, which generate serious uncertainty in the fashion industry and in the retail markets. Tariffs could be a further element of contraction in volumes and indirectly in margins due to a push by brands to cut supply prices.
The current year therefore appears to be one of the most complex years to manage for the entire luxury sector. In this scenario, the gap between top luxury and fashion luxury will increase further.
China, an extraordinary reference market for the luxury sector, is changing its paradigm.
Government stimulus measures are expected to support domestic versus international brands and it can't be imagined a significant recovery of this market in the short-term.
YEAR-OVER-YEAR IN FASHION RETAIL SALES
*McKinsey&Company The State of Fashion 2025
PATTERN GROUP Outlook 2025: Challenges at every turn
2025 represents a challenging year in Italy, characterized by the shutdown of several companies, following up on year 2024 where the balance between new and closed businesses was in negative for over 1500 companies.
A further contraction in volumes and tension on margins is expected on the domestic market of fashion (Made in Italy).
• The Group is well-positioned on a clients' portfolio placed at the top of the market pyramid, brands that typically give value to their products over time.
• What is expected is a very weak first half of the year and likely a slight increase of results in the second part.
• The Group's M&A policy is confirmed in case of "outstanding" companies focused on Product Development and entrepreneurs aligned with the Industrial Project of the Group.