Press release

2019 second quarter sales

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Solid sales growth acceleration in Q2 2019 at +8.9% cc., in line with expectations Full-year guidance confirmed

• Q2 19 sales up +10.1% at €265.7 million as reported (+8.9% at constant currency)
• International sales growth up +13.7% at cc. in Q2 19 notably driven by mainland China (>30% cc.); France is back to growth
• Successful development of accessories (+23.1% of sales growth in H1 2019)
• Solid progress in digital (+50bps in H1 19 to 14.8% of total sales), mainly driven by mainland China
• Full-year guidance confirmed

« We are pleased with our Q2 sales which, as expected, showed a solid acceleration to +10.1%. In the first semester, our brands continued to launch beautiful collections, prominent stores and continued to focus on full price sales.  »

Daniel Lalonde ,