China Helps Lift Moncler Revenues by 20% in First QuarterOrganic growth in all its markets, driven by China and Hong Kong, boosted the brand's performance in the first three months of the year.

[Collection]MILAN — Moncler is kicking off the year on an upbeat note and management is banking on its new strategic course for the rest of the year. In the three months ended March 31, Moncler SpA reported a 20 percent increase in revenues to 332 million euros, compared with 276.2 million euros in the first quarter of 2017. At constant exchange, sales rose 28 percent. “The first quarter of 2018 marked another fundamental step forward in our group’s development,” said Remo Ruffini, chairman and chief executive officer.” Ruffini defined first-quarter results as “exceptional” with double-digit growth in all geographic markets, but, in particular, he emphasized the relevance of the Moncler Genius project presentation that kicked off Milan Fashion Week on Feb. 20. “A creative hub, which has reimagined Moncler’s soul by going beyond the season’s concept,” said Ruffini. “The idea for this was born from a desire to seek innovative forms of expression, to constantly dialogue with the clients, fueled by a new digital approach. Each collection will be singularly dropped, starting from June 14 with Moncler Fragment Hiroshi Fujiwara, followed by all the others on a monthly basis.” The Genius Building project involves designers and creative talents including Valentino’s creative director Pierpaolo Piccioli; Sandro Mandrino for Moncler

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