Exhibit 99.2
PRELIMINARY FY 2022 REVENUE February 2023 LANVIN GROUP LANVIN Wolford sergio rossi ST. JOHN CARUSO
Disclaimber Forward-Looking Statements This presentation, including the sections “LANVIN GROUP 2022 PRELIMINARY REVENUES”, “2023 GUIDANCE”, “BRAND LEVEL RESULTS” and “APPENDIX”, contain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of the respective management of Lanvin Group and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Lanvin Group. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, Lanvin Group’s ability to timely complete its financial closing procedures and finalize its consolidated financial statements for fiscal year 2022; changes adversely affecting the business in which Lanvin Group is engaged; Lanvin Group’s projected financial information, anticipated growth rate, profitability and market opportunity may not be an indication of its actual results or future results; management of growth; the impact of COVID-19 or similar public health crises on Lanvin Group’s business; Lanvin Group’s ability to safeguard the value, recognition and reputation of its brands and to identify and respond to new and changing customer preferences; the ability and desire of consumers to shop; Lanvin Group’s ability to successfully implement its business strategies and plans; Lanvin Group’s ability to effectively manage its advertising and marketing expenses and achieve desired impact; its ability to accurately forecast consumer demand; high levels of competition in the personal luxury products market; disruptions to Lanvin Group’s distribution facilities or its distribution partners; Lanvin Group’s ability to negotiate, maintain or renew its license agreements; Lanvin Group’s ability to protect its intellectual property rights; Lanvin Group’s ability to attract and retain qualified employees and preserve craftmanship skills; Lanvin Group’s ability to develop and maintain effective internal controls; general economic conditions; the result of future financing efforts; and those factors discussed in the reports filed by Lanvin Group from time to time with the SEC. If any of these risks materialize or Lanvin Group’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Lanvin Group presently does not know, or that Lanvin Group currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Lanvin Group’s expectations, plans, or forecasts of future events and views as of the date of this presentation. Lanvin Group anticipates that subsequent events and developments will cause Lanvin Group’s assessments to change. However, while Lanvin Group may elect to update these forward-looking statements at some point in the future, Lanvin Group specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Lanvin Group’s assessments of any date subsequent to the date of this presentation. Accordingly, reliance should not be placed upon the forward-looking statements. Preliminary Revenues Throughout this presentation, FY 2022 and 2022 half-year revenues are preliminary and unaudited. The audit of our financial statements will be finalized at the time of our 2022 consolidated financial statements. These unaudited financial data are not a comprehensive statement of our financial results for the year and the three months ended December 31, 2022, and should not be viewed as a substitute for our full annual financial statements prepared in accordance with IFRS. These preliminary unaudited financial results are subject to revision in connection with the Lanvin Group’s financial closing procedures, including the review of such financial results by Lanvin Group’s audit committee, and finalization and audit of Lanvin Group’s consolidated financial statements for the year ended December 31, 2022. During the preparation of Lanvin Group’s consolidated financial statements and related notes and the completion of the audit for the year ended December 31, 2022, additional adjustments to the preliminary estimated financial results presented above may be identified. Actual results for the periods reported may differ from these preliminary results. 2
AUNIQUE GLOBAL LUXURY PLATFORM “Our Strong results for 2022 reflect the culture of success we maintain within our organization and highlight the reputation of our brands. Lanvin Group’s strong entrepreneurial spirit is reflected in the creative excellence and luxury of our brands and products; and we engage our brands to elevates our community, environment, and consumer.” Joann Cheng, Chairman & CEO LANVIN GROUP
A WARDROBE OF LUXURY AND CONTEMPORARY ELEGANCE LANVIN GROUP’S BRANDS WORK TOGETHER TO BUILD A WARDROBE OF MODERN, GENERATIONAL LUXURY FOR ITS CONSUMERS BY SYNERGIZING EACH BRANDS’ IDEAS AND CORE SKILLS IN DESIGN AND PRODUCTION. LANVIN SINCE 1889 2022 Revenues – €121 million % of Group Revenues – 29% A Leader in French Haute Couture with a Rich Heritage sergio rossi ST. JOHN SINCE 1962 2022 Revenues – €86 million % of Group Revenues – 20% A Foundation of American Luxury; Building Wardrobes with Timeless yet Contemporary Style SINCE 1950 2022 Revenues – €127 million % of Group Revenues – 30% Iconic Skinwear Brand Originated from Austria that Combines Luxury, Technology, and Premier Manufacturing Wolford SINCE 1951 2022 Revenues – €62 million % of Group Revenues – 15% A Forerunner in Design; Manufacturing Shoes and Accessories with Provocative, Modern Sophistication from Italy SINCE 1958 2022 Revenues – €31 million % of Group Revenues – 7% The Reference Luxury Tailoring Manufacturer in Italy, Combining Traditional Skills with Innovation in Shapes and Material CARUSO Source: Company website. Company information. Note: All financial figures are unaudited estimates as of December 31, 2022 and represent each brand’s revenues, net of eliminations. 4
LANVIN GROUP 2022 PRELIMINARY REVENUES THE GROUP HAD A STRONG YEAR WITH REVENUES EXCEEDING PLAN(1) Key Highlights Lanvin Group (the “Group”) consolidated revenue grew 38% to €425 million, beating plan Refocused brand strategies led to strong growth, with flagship brand Lanvin growing 67% YoY 44% growth in EMEA, 36% growth in NA, and 13% growth in GC despite COVID impact, reaffirming Group’s global strategy 42% increase in global wholesale revenue, indicating growing brand appeal validated by worldwide fashion buyers DTC sales grew 35%, driven by improved store performance and digital initiatives STRONG TOPLINE GROWTH FROM FY 2020 TO FY 2022 Total Revenue (2) € in millions CAGR FY20-22: +38% €223 12% 30% 43% 16% 2020A €309(3) 8% 9% 24% 35% 24% 2021A €339(4) 7% 17% 22% 32% 22% 2021PF €425 7% 15% 20% 30% 29% 2022A Lanvin Wolford St. John Sergio Rossi Caruso BALANCED GROWTH ACROSS REGIONS AND CHANNELS % of Total Revenue, 2022 YoY Growth % North America Greater China Others EMEA 35% 14% 4% 48% 2021 North America +36% Greater China +13% Others +60% EMEA +44% 34% 11% 4% 50% 2022 Wholesale Others DTC 38% 2% 61% 2021 Wholesale +42% Others +15% DTC +35% 39% 2% 60% 2022 +38% Group Revenue CAGR FY20-22 +86% Lanvin Revenue CAGR FY20-22 +60% Group GC Revenue CAGR FY20-22 +43% Group DTC Revenue CAGR FY20-22 +44% EMEA Revenue Growth in 2022 +42% Wholesale Revenue Growth in 2022 Note: Results are presented on an unaudited basis. (1) The Plan refers to the information provided in the Investor Presentation as of November 2022. Lanvin Group’s previous guidance was published at the time of the announcement of the business combination between the Company and Primavera Capital Acquisition Corp. (“PCAC”). The guidance was also disclosed in the Company’s registration statement on Form F-4 filed with the SEC (File No. 333-266095), under “Certain Unaudited Lanvin Group Prospective Financial Information”. (2) Total revenue of Lanvin group includes Group eliminations. (3) Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; Pro Forma results assume Sergio Rossi’s revenue results for the full-year 2021. (4) 2021 PF Revenue includes Sergio Rossi 12-month contributions. 5
2023 GUIDANCE 01 Momentum to continue in 2023 with China reopening driving positive results; but global macro issues will present challenges 02 Topline growth driven by continued retail network optimization and expansion, digitalization, targeted branding and customer engagement, as well as strategic category extension 03 Ongoing margin improvement through focused brand strategies and increasing operational efficiency; on track for EBITDA breakeven in 2024 04 Potential new investment and acquisition opportunities to further complete brand ecosystem and generate synergies
Lanvin
LANVIN 2022 PRELIMINARY REVENUES AND 2023 GUIDANCE KEY HIGHLIGHTS Revenue grew 67% from €73M in 2021 to €121M in 2022 Wholesale increased 145%; demonstrating strong brand appeal and demand among global luxury retailers and buyers, especially for accessories 39% growth in DTC from improved product offerings, client engagement and global digital activations, even with limited net store increase EMEA grew by 111% driven by wholesale; North America continued strong momentum from 2021 and grew 79% 2023 driven by cementing Lanvin’s global position as the iconic and oldest operating French couture house; and expanding accessories to attract younger consumers Reopening of China and return of global travel expected to drive DTC growth Lanvin Global Revenue 2020A – 2022A € in millions H2 H1CAGR FY20-22: +86% €35M 2020A €73M 43M 29M 2021A €121M 57M 64M 2022A 2022 YoY Growth 67% 32% 117% Lanvin Global Revenue by Region and Channel in 2022 % of Total Revenues, 2022 YoY Growth % Others -4% Wholesale +145% DTC +39% 4% 43% 53% 2022 North America +79% Greater China +10% Others NM EMEA +111% 24% 21% 01% 55% Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 8
Wolford
WOLFORD 2022 PRELIMINARY REVENUES AND 2023 GUIDANCE KEY HIGHLIGHTS Revenue grew 16% from €109M in 2021 to €127M in 2022 45% growth in North America, driven by DTC channel per brand strategy Focus on iconic/core products and athleisure was a winning combination; improving average ticket through expansion of ready-to-wear products Branding and marketing initiatives including successful collaborations with GCDS, ALBERTA FERRETTI, MUGLER and Sergio Rossi attracted new clients 2023 will be an opportunity for continued fiscal and operational improvements and reinforcement of current product and branding strategies Wolford Global Revenue 2020A – 2022A € in millions H2 H1 CAGR FY20-22: +15% €95M 2020A €109M 67M 42M 2021A €127M 72M 54M 2022A 2022YoY Growth % 16% 7% 29% Wolford Global Revenue by Region and Channel in 2022 % of Total Revenues, 2022 YoY Growth % Wholesale +3% Others NM DTC +21% 28% 0.5% 71% 2022 North America +45% Greater China -7% Others NM 1% EMEA +9% 25% 5% 68% 2022 Note: Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 10
sergio rossi
SERGIO ROSSI 2022 PRELIMINARY REVENUES AND 2023 GUIDANCE KEY HIGHLIGHTS Acquired and integrated by the Group in July 2021; revenue grew 5% from €59M (Pro Forma) in 2021 to €62M in 2022 Increased DTC contribution is driven by strong performance of retail stores in Japan and digital sales in China Strong results in EMEA, offset weakness in China from lockdowns Optimized product mix balancing carry-over and seasonal collections 2023 growth driven by new product launches and collaborations, recovery of Greater China, continued improvement in DTC, and ESG initiatives Sergio Rossi Global Revenue 2020A – 2022A € in millions H2 H1 2020A €29M 2021A €59M 33M 26M 2021PF €62M 35M 27M 2022A YoY 21-22 Growth % 116% 22% NM Sergio Rossi Global Revenue by Region and Channel in 2022 % of Total Revenues Wholesale DTC 48% 52% 2022 Others Greater China North America EMEA 23% 16% 0.1% 62% 2022 Note: (1) Revenue eliminations are not allocated by brand and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. (2) Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; audited 2021 revenue of the brand was €29M. Pro Forma results assume Sergio Rossi’s revenue results for the full-year 2021. 12
ST. JOHN
ST. JOHN 2022 PRELIMINARY REVENUES AND 2023 GUIDANCE KEY HIGHLIGHTS • Revenue grew 17% from €73M in 2021 to €86M in 2022 • 29% growth in DTC driven by targeted client and product strategies back to brand foundations • Strategic rationalization of Wholesale with further penetration of top partners; refocus on core North American market led to 20% growth and improvement in operating efficiency • 2023 to grow by continuing the transformation into brand-led business redefining American luxury with a timeless and functional offering • Optimizing retail experience, product mix, and operating initiatives will drive improving margin profile St. John Global Revenue 2020A—2022A € in millions 2022 YoY Growth % H2 H1 CAGR FY20-22: +14% €67M €73M €86M 17% 40M 44M 10% 33M 42M 26% 2020A 2021A 2022A St. John Global Revenue by Region and Channel in 2022 % of Total Revenues, 2022 YoY Growth % Wholesale -12% Others NM 1% DTC +29% 22% 77% 2022 Greater China -20% Others NM 1% EMEA NM 1% North America +20% 6% 92% 2022 Note: Revenue eliminations are not allocated by brand, and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 14
CARUSO
CARUSO 2022 PRELIMINARY REVENUES AND 2023 GUIDANCE KEY HIGHLIGHTS • Revenue grew 25% from €25M in 2021 to €31M in 2022 • Strong growth came from proprietary brand (Caruso) business thanks to attractive price and style positioning (luxurious Playful Elegance) • B2B Maisons manufacturing business increased solidly with new account acquisitions and made-to-measure production growth; building customer loyalty • 2023 is expected to see growth coming from focused investments in capacity expansion and increased operating efficiency, paired with a concentrated client and product portfolio • Caruso will continue to benefit from the “back to elegance” trend that’s gaining momentum Caruso Global Revenue 2020A – 2022A € in millions YoY 21-22 Growth % H2 H1 CAGR FY20-22: +8% 25% €26M €25M €31M 12M 16M 29% 12M 15M 21% 2020 2021 2022 Caruso Global Revenue by Region and Channel in 2022 % of Total Revenues, 2022 YoY Growth % Greater China +2% Others +7% North America +78% 19% 2% 5% 2022 74% EMEA +18% 2022 100% Wholesale +25% Note: Revenue eliminations are not allocated by brand, and result mainly from intragroup transactions. Brand-level results are presented exclusive of eliminations. 16
APPENDIX LANVIN GROUP
LANVIN GROUP REVENUE RESULTS (Euros in Thousands, unless otherwise noted) Lanvin Group by Brand Revenue Growth % 2020A 2021A 2021PF(1) 2022A 2021A v 2022 H1 v 2022 H2 v 2022 H2 v 2022A v 2022A v 20-22 FY H1 H2 FY FY H1 H2 FY 2020A 2021 H1 2021 H2 2022 H1 2021A 2021PF CAGR Lanvin 34,989 29,471 43,401 72,872 72,872 63,949 57,364 121,313 108% 117% 32% (10%) 66% 66% 86% Wolford 95,384 41,941 67,391 109,332 109,332 54,261 72,318 126,579 15% 29% 7% 33% 16% 16% 15% St. John 66,512 33,373 39,721 73,094 73,094 41,924 43,839 85,763 10% 26% 10% 5% 17% 17% 14% Sergio Rossi 0 0 28,737 28,737 59,206 26,969 34,960 61,929 NM NM 22% 30% 116% 5% NM Caruso 26,351 12,328 12,367 24,695 24,695 14,919 15,900 30,819 (6%) 21% 29% 7% 25% 25% 8% Total Brands 223,236 117,113 191,617 308,730 339,199 202,022 224,381 426,403 38% 73% 17% 11% 38% 26% 38% Eliminations (624) (231) 323 92 92 (322) (1,559) (1,881) Total Group 222,612 116,882 191,940 308,822 339,291 201,700 222,822 424,522 39% 73% 16% 10% 37% 25% 38% Lanvin Group 2020A 2021A 2022A 2021A v 2022 H1 v 2022 H2 v 2022 H2 v 2022A v 20-22 by Geography FY H1 H2 FY H1 H2 FY 2020A 2021 H1 2021 H2 2022 H1 2021A CAGR EMEA 113,883 51,712 96,485 148,197 98,674 115,123 213,797 30% 91% 19% 17% 44% 37% North America 85,601 44,617 62,084 106,701 70,629 73,995 144,624 25% 58% 19% 5% 36% 30% Greater China 18,751 17,317 25,201 42,518 22,888 24,993 47,881 127% 32% (1%) 9% 13% 60% Other 4,377 3,236 8,170 11,406 9,509 8,711 18,220 161% 194% 7% (8%) 60% 104% Total 222,612 116,882 191,940 308,822 201,700 222,822 424,522 39% 73% 16% 10% 37% 38% Lanvin Group 2020A 2021A 2022A 2021A v 2022 H1 v 2022 H2 v 2022 H2 v 2022A v 20-22 by Channel FY H1 H2 FY H1 H2 FY 2020A 2021 H1 2021 H2 2022 H1 2021A CAGR DTC/eCommerce 124,354 69,275 117,538 186,813 115,191 137,608 252,799 50% 66% 17% 19% 35% 43% Wholesale 93,156 44,352 72,065 116,417 83,611 81,675 165,286 25% 89% 13% (2%) 42% 33% Other 5,102 3,255 2,337 5,592 2,898 3,539 6,437 10% (11%) 51% 22% 15% 12% Total 222,612 116,882 191,940 308,822 201,700 222,822 424,522 39% 73% 16% 10% 37% 38% Note: Results are presented on an unaudited basis. (1) Lanvin Group acquired a majority stake in Sergio Rossi in July 2021 and Sergio Rossi was consolidated in Lanvin Group’s consolidated revenue starting from the acquisition date; Pro Forma results assume Sergio Rossi’s revenue results for the full-year 2021. 18
INVESTOR RELATIONS CONTACT Investors Lanvin Group James Kim +1 917 442 5059 james.kim@lanvin-group.com Media FGS Global Richard Barton +852 9301 2056 or +41 79 922 7892 richard.barton@fgsglobal.com LANVIN GROUP