By Reuters API Published Apr 25, 2024 Italian fashion group Moncler posted on Wednesday a 16% increase in first quarter sales at constant exchange rates, boosted by solid demand in China, a country which has turned into a sore spot for some luxury brands. Moncler Overall revenues for the three months through March totalled 818 … Read more
By Bloomberg Published Apr 19, 2024 Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge. After fighting for years to keep Giorgio Armani SpA independent amid the mergers and acquisitions that reshaped the luxury sector, the billionaire design virtuoso … Read more
Translated by Nicola Mira Published Apr 14, 2024 Italy is more than ever at the centre of attention this spring, hosting in April some of the most interesting events in the culture, art and design sectors. Starting with the 60th edition of the Venice Biennale, an international art exhibition held every two years, whose pre-opening, … Read more
As the shake-out in the UK luxury sector — both in-store and online — continues, there’s finally some good news as a concept store that closed in March 2020 due to Covid is finally reopening. The reborn LN-CC one-of-a-kind store on Shacklewell Lane, East London, debuts on 23 March with a completely new design as … Read more
The wider fashion sector may have faced its challenges last year but Moncler had a good 12 months with its group revenues rising in double digits to get close to €3 billion. Moncler Both of its brands accelerated in Q4 too, a quarter in which many labels reported slowing sales, although there were a few … Read more
By Reuters API Published Feb 26, 2024 Moncler’s CEO and main shareholder will be left with roughly 16% of the luxury group once the Rivetti family exits the holding company in a move making the company more accessible for potential bidders, analysts said. Moncler said on Saturday the Rivetti family will become a direct shareholder … Read more
By Bloomberg Published Feb 25, 2024 Moncler SpA’s top shareholders said Saturday that the family known for the Stone Island sportswear brand is withdrawing in a “cooperative” manner from the investment vehicle atop the maker of luxury puffy jackets. Moncler The Rivetti family will convert its indirect stake in Moncler into direct shares of the … Read more
By Bloomberg Published Feb 14, 2024 EssilorLuxottica SA, the owner of the Ray-Ban and Oakley brands, reported margins just below analyst expectations as the French-Italian eyewear maker fought higher costs and persistent inflation by increasing synergies and posting solid revenue growth. Adjusted operating margin for 2023 reached 16.5% at current exchange rates, slightly below Bloomberg … Read more
SAINT MORITZ — One has to hand it to Remo Ruffini. Moncler Grenoble’s fashion show here was a production that succeeded in surprising even the most jaded industry veterans. The goal of the chairman and chief executive officer of Moncler Group was to spotlight the Grenoble brand, further raising its visibility. He certainly succeeded, with … Read more
Translated by Roberta HERRERA Published Jan 24, 2024 Moncler’s Genius program has unveiled its partnership with Roc Nation, envisioned alongside its illustrious founder, the iconic rapper and entrepreneur, Jay Z. Moncler Genius X Roc Nation designed by Jay Z – Moncler This expansive collection comprises approximately 20 distinct pieces, including a textured mustard snake-skin inspired … Read more
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