Four exceptional Brands
generate €1,206M in
sales in 2022

“The Group registers another very good performance this year, with sales growth in all regions except for Continental China due to Covid-related constraints. The work we have been doing for several years on the desirability of our brands has enabled us to adjust our sales prices in line with inflation, while continuing to deploy our full-price strategy. We have thus been able to maintain a solid level of profitability, allowing us to double our net profit compared to the previous year. We also made major progress in our CSR strategy, accelerating our transparency and circular economy initiatives, improving our CDP rating, and announcing the launch of our SMCP Retail Lab training school. Finally, we opened new shops in key areas, notably in China, in anticipation of the business recovery. I thank all the teams for their dedication and together we look forward to 2023 with confidence, perfectly positioned to seize future growth opportunities.”

• 2022 Full Year Results