Segment reporting (Tables)

12 Months Ended

Dec. 31, 2022

The following tables summarize selected

financial

information by

segment

for the years

ended

December 31, 2022,

2021

and 2020:


	For the year ended December 31, 2022
(Euro thousands)	Lanvin			Wolford			Caruso			St. John			Sergio Rossi			Other and holding companies			Eliminations and Unallocated			Group Consolidated


Segment results
Sales outside the Group		119,772			125,514			29,696			85,884			61,172			274			—			422,312
Intra-Group sales		75			—			1,123			—			757			10,673			(12,628	)		—

Total revenue		119,847			125,514			30,819			85,884			61,929			10,947			(12,628	)		422,312
Cost of sales		(59,334	)		(39,286	)		(23,672	)		(33,242	)		(30,881	)		(101	)		2,148			(184,368	)

Gross profit		60,513			86,228			7,147			52,642			31,048			10,846			(10,480	)		237,944

Loss from operations before non-underlying items																							(142,267	)
Non-underlying items																							(83,057	)
Finance cost – net																							(14,556	)

Loss before income tax																							(239,880	)
Income tax benefits																							129

Loss for the year																							(239,751	)

Other segment information
Depreciation and amortization		11,734			15,671			1,045			11,060			6,082			218			—			45,810
Of which: Right-of-use assets		7,415			12,357			664			8,111			4,091			—			—			32,638
Other		4,319			3,314			381			2,949			1,991			218			—			13,172
Provisions and impairment losses		7,709			5,127			(442	)		3,257			1,103			(25	)		—			16,729


	For the year ended December 31, 2021
(Euro thousands)	Lanvin			Wolford			Caruso			St. John			Sergio Rossi			Other and holding companies			Eliminations and Unallocated			Group Consolidated


Segment results
Sales outside the Group		72,872			109,332			24,646			73,094			28,737			141			—			308,822
Intra-Group sales		—			—			49			—			—			6,827			(6,876	)		—

Total revenue		72,872			109,332			24,695			73,094			28,737			6,968			(6,876	)		308,822
Cost of sales		(38,844	)		(30,262	)		(20,246	)		(34,107	)		(15,418	)		(83	)		40			(138,920	)

Gross profit		34,028			79,070			4,449			38,987			13,319			6,885			(6,836	)		169,902

Loss from operations before non-underlying items																							(108,014	)
Non-underlying items																							45,206
Finance cost – net																							(9,313	)

Loss before income tax																							(72,121	)
Income tax expenses																							(4,331	)

Loss for the year																							(76,452	)

Other segment information
Depreciation and amortization		11,231			14,229			1,089			12,025			2,944			66			—			41,584
Of which: Right-of-use assets		9,079			11,054			683			9,424			1,914			—			—			32,154
Other		2,152			3,175			406			2,601			1,030			66			—			9,430
Provisions and impairment losses		9,985			(440	)		(992	)		(221	)		2,389			45			—			10,766

	For the year ended December 31, 2020
(Euro thousands)	Lanvin			Wolford			Caruso			St. John			Sergio Rossi		Other and holding companies			Eliminations and Unallocated			Group Consolidated

Segment results
Sales outside the Group		34,989			95,384			25,251			66,512			—		476			—			222,612
Intra-Group sales		—			—			1,100			—			—		2,093			(3,193	)		—

Total revenue		34,989			95,384			26,351			66,512			—		2,569			(3,193	)		222,612
Cost of sales		(21,416	)		(29,519	)		(21,470	)		(33,525	)		—		(388	)		1,100			(105,218	)

Gross profit		13,573			65,865			4,881			32,987			—		2,181			(2,093	)		117,394

Loss from operations before non-underlying items																						(167,817	)
Non-underlying items																						43,546
Finance cost – net																						(12,989	)

Loss before income tax																						(137,260	)
Income tax benefits																						1,603

Loss for the year																						(135,657	)

Other segment information
Depreciation and amortization		12,215			18,263			1,155			16,703			—		(4	)		—			48,332
Of which: Right-of-use assets		9,144			13,141			686			13,507			—		—			—			36,478
Other		3,071			5,122			469			3,196			—		(4	)		—			11,854
Provisions and impairment losses		3,854			10,913			5,526			2,383			—		—			—			22,676

The following table summarizes

non-current

assets

by geography at

December

31, 2022 and 2021.


(Euro thousands)	At December 31,
(Euro thousands)	2022		2021

EMEA (1)		305,927		314,021
North America (2)		87,571		75,703
Greater China (3)		26,919		32,466
Other Asia (4)		14,188		3,448

Total non-current assets (other than deferred tax assets)		434,605		425,638

(1)	EMEA includes EU countries, the United Kingdom, Switzerland, the countries of the Balkan Peninsula, Eastern Europe, Scandinavian, Azerbaijan, Kazakhstan and the Middle East.

(2)	North America includes the United States of America and Canada.

(3)	Greater China includes Mainland China, Hong Kong, Macao and Taiwan.

(4)	Other Asia includes Japan, South Korea, Thailand, Malaysia, Vietnam, Indonesia, Philippines, Australia, New Zealand, India and other Southeast Asian countries.