Yves Saint Laurent: record performances, confirming its exceptional long-term growth trajectory
17 February 2022, Mumbai:
Yves Saint Laurent’s 2021 revenue amounted to €2,521 million, an increase of 45% as reported and 46% on a comparable basis.
Sales from directly operated stores grew sharply in 2021, up 55% compared to 2020 and 35% over two years.
Wholesale revenue was 23% higher than in 2020 and 6% higher than in 2019, as the House also started streamlining its third-party distribution.
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In the fourth quarter, revenue growth accelerated again to 47% year-on-year on a comparable basis.
Sales from directly operated stores rose by 61% relative to the same period in 2019.
Yves Saint Laurent achieved recurring operating income of €715 million in 2021, taking recurring operating margin to a record 28.3%.
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