Net sales by geographical region
(Euros in millions)
|
2018
|
%
|
2017°
|
%
|
% Ch.
|
|---|
| Europe |
452.0 |
46.9% |
457.8 |
44.2% |
-1.2% |
| North America |
371.3 |
38.6% |
422.3 |
40.8% |
-12.1% |
| Asia Pacific |
63.3 |
6.6% |
64.3 |
6.2% |
-1.5% |
| Rest of the world |
76.3 |
7.9% |
91.0 |
8.8% |
-16.2% |
| Total net sales |
962.9 |
100.0% |
1,035.4 |
100.0% |
-7.0% |
Net sales by channel
(Euros in millions)
|
2018
|
%
|
2017°
|
%
|
% Ch.
|
|---|
| Wholesale |
910.7 |
94.6% |
970.1 |
93.7% |
-6.1% |
| Retail |
52.1 |
5.4% |
65.3 |
6.3% |
-20.0% |
| Total net sales |
962.9 |
100.0% |
1,035.4 |
100.0% |
-7.0% |
° The new accounting standard IFRS 15 regarding “Revenue from contracts with customers” entered into effect starting from 1 January 2018. Following the fully retrospective approach chosen by the Group, the application of the principle to FY 2017 total net sales had an adjustment effect on the sales and cost of goods sold equal to Euro 11.6 million with a neutral effect on the gross profit.
Net sales by geographical region
(Millions of euros)
|
H1 2018
|
%
|
H1 2017°
|
%
|
% Ch.
|
|---|
| Europe |
239.9 |
48.7% |
261.8 |
47.8% |
-8.3% |
| North America |
183.8 |
37.3% |
221.8 |
40.5% |
-17.2% |
| Asia Pacific |
32.5 |
6.6% |
28.9 |
5.3% |
+12.3% |
| Rest of the world |
36.0 |
7.3% |
34.7 |
6.3% |
+3.8% |
| Total net sales |
492.2 |
100.0% |
547.2 |
100.0% |
-10.0% |
Net sales by channel
(Millions of euros)
|
H1 2018
|
%
|
H1 2017°
|
%
|
% Ch.
|
|---|
| Wholesale |
465.7 |
94.6% |
513.6 |
93.3% |
-9.3% |
| Retail |
26.5 |
5.4% |
33.6 |
6.1% |
-21.3% |
| Total net sales |
492.2 |
100.0% |
547.2 |
100.0% |
-10.0% |
° The new accounting standard IFRS 15 regarding “Revenue from contracts with customers” entered into effect starting from 1 January 2018. Following the fully retrospective approach chosen by the Group, the application of the principle to the first semester of 2018, had an adjustment effect on the sales and cost of goods sold of the same period of 2017 equal to Euro 5.4 million, with a neutral effect on the gross profit. Consequently, H1 2017 total net sales were adjusted to Euro 547.2 million.
Net sales by geographical region
(Millions of euros)
|
9M 2018
|
%
|
9M 2017°
|
%
|
% Ch.
|
|---|
| Europe |
331.6 |
46.5% |
360.5 |
45.6% |
-8.0% |
| North America |
280.3 |
39.3% |
325.3 |
41.2% |
-13.8% |
| Asia Pacific |
47.9 |
6.7% |
45.6 |
5.8% |
+5.0% |
| Rest of the world |
53.9 |
7.5% |
59.1 |
7.5% |
-8.9% |
| Total net sales |
713.7 |
100.0% |
790.5 |
100.0% |
-9.7% |
Net sales by channel
(Millions of euros)
|
9M 2018
|
%
|
9M 2017°
|
%
|
% Ch.
|
|---|
| Wholesale |
673.8 |
94.4% |
740.7 |
93.7% |
-9.0% |
| Retail |
39.9 |
5.6% |
49.9 |
6.3% |
-20.0% |
| Total net sales |
713.7 |
100.0% |
790.5 |
100.0% |
-9.7% |
° The new accounting standard IFRS 15 regarding “Revenue from contracts with customers” entered into effect starting from 1 January 2018. Following the fully retrospective approach chosen by the Group, the application of the principle to the first nine months of 2018, had an adjustment effect on the sales and cost of goods sold of the same period of 2017 equal to Euro 7.2 million, with a neutral effect on the gross profit. Consequently, 9M 2017 total net sales were adjusted to Euro 790.5 million.
Net sales by geographical region
(Millions of euros)
|
Q4 2018
|
%
|
Q4 2017°
|
%
|
% Change
|
|---|
| Europe |
120.4 |
48.3% |
97.2 |
39.7% |
23.8% |
| North America |
90.9 |
36.5% |
97.0 |
39.6% |
-6.3% |
| Asia Pacific |
15.4 |
6.2% |
18.7 |
7.6% |
-17.4% |
| Rest of the world |
22.4 |
9.0% |
31.9 |
13.0% |
-29.7% |
| Total net sales |
249.1 |
100.0% |
244.8 |
100.0% |
1.8% |
Net sales by channel
(Millions of euros)
|
Q4 2018
|
%
|
Q4 2017°
|
%
|
% Change
|
|---|
| Wholesale |
236.9 |
95.1% |
229.4 |
93.7% |
3.3% |
| Retail |
12.2 |
4.9% |
15.4 |
6.3% |
-20.6% |
| Total net sales |
249.1 |
100.0% |
244.8 |
100.0% |
1.8% |
° The new accounting standard IFRS 15 regarding “Revenue from contracts with customers” entered into effect starting from 1 January 2018. Following the fully retrospective approach chosen by the Group, the application of the principle to 2018, had an adjustment effect on the sales and cost of goods sold of the same periods of 2017 equal to Euro 4.4 million in Q4 2017. Consequently, Q4 2017 total net sales were adjusted to Euro 244.8 million.
