Impairment testing of intangible assets with indefinite useful lives (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of information for cash-generating units [abstract]

Summary of the intangible assets with indefinite useful lives

As of December 31, 2022, the intangible assets with indefinite useful lives that are the most significant in terms of their carrying amounts and the criteria used for impairment testing are as follows:


	Goodwill				Brands						Long-term growth rate (bps)

December 31, 2022 (Euro thousands)	Net carrying amount		WACC (bps)		Net carrying amount		WACC (bps)		Royalty rate (bps)

Lanvin		45,931		1,445		100,906		1,645		518		129
Wolford		11,701		1,434		37,856		1,634		250		237
St. John		11,691		1,436		30,271		1,636		344		248
Sergio Rossi		—		N.A.		3,301		2,001		125		143

Total		69,323				172,334


	Goodwill				Brands						Long-term growth rate (bps)

December 31, 2021 (Euro thousands)	Net carrying amount		WACC (bps)		Net carrying amount		WACC (bps)		Royalty rate (bps)

Lanvin		45,931		1,370		100,906		1,570		518		97
Wolford		11,701		1,330		37,856		1,530		250		176
St. John		11,691		1,346		30,271		1,546		344		188
Sergio Rossi		—		N.A.		3,301		1,567		125		109

Total		69,323				172,334

Summary of the sensitivity of the impairment testing to reasonably possible changes in key assumptions

The following table details the sensitivity of the impairment testing to reasonably possible changes in key assumptions:


	At December 31, 2022 impairment loss due to										At December 31, 2021 impairment loss due to

	Goodwill				Brand						Goodwill				Brand

(Euro thousands)	WACC +10 bps		Long-term growth rate - 10 bps		WACC +10 bps		Long-term growth rate - 10 bps		Royalty Rate -10 bps		WACC +10 bps		Long-term growth rate - 10 bps		WACC +10 bps		Long-term growth rate - 10 bps		Royalty Rate -10 bps

Lanvin		3,810		1,522		1,002		310		2,236		4,002		1,563		1,035		330		2,178
Wolford		5,904		2,507		491		172		2,053		5,356		2,888		476		219		2,004
St. John		1,928		782		330		110		1,118		1,331		642		245		87		924
Sergio Rossi		N.A.		N.A.		23		6		334		N.A.		N.A.		31		10		351