Moncler’s Post

"LVMH backs Moncler chief to increase his stake in luxury jacket maker 🧥💼📈 #LuxuryRetail #Moncler #LVMH. Learn more from the number one source for public data in retail 👉 databoutique.com 🌐 #DataAnalytics #RetailNews". by Financial Times about Moncler

🚨 Major News in the Luxury Fashion World🚨 LVMH has entered into an exciting partnership with Ruffini the visionary behind Moncler. The French luxury giant has acquired a 10% stake in Double R, the investment vehicle through which Ruffini owns a portion of Moncler, with the potential to raise its stake to 22%. This move will see Double R's stake in Moncler grow, solidifying its position as the largest shareholder, with LVMH gaining influence through board representation. Despite these changes, Remo Ruffini will remain at the helm, steering Moncler's future growth and innovation. It's a strategic step that highlights LVMH's commitment to supporting the long-term vision of one of the most iconic luxury outerwear brands in the world. A fascinating collaboration between two of the biggest names in luxury. What are your thoughts on this partnership? Does this signal a new direction for Moncler or just a deeper collaboration in the luxury industry? #LuxuryFashion #LVMH #Moncler

“We are the smallest of the big groups, and the biggest of the small ones,” says Remo Ruffini, founder, chairman and CEO of Moncler Group. And he plans to keep it that way. Ten years after Ruffini’s blockbuster listing of Moncler on the Milan stock exchange (its stock leapt 50 percent to value the company at €4 billion) the Italian industrialist is celebrating strong figures for 2023 and a market valuation that’s now approaching €20 billion ($22 billion). In its full-year 2023 figures reported Wednesday, Moncler Group revenues rose 17 percent to €3 billion, while its EBIT margin expanded slightly to 30 percent (second only to Hermès among listed luxury firms). Net cash stood at more than €1 billion. And despite a luxury market that has slowed dramatically following a post-pandemic surge, Moncler’s growth actually accelerated in the fourth quarter across regions. It’s a significant feat in a market Ruffini describes as “very volatile, very concerning.” The secret to Ruffini’s success? Frequent revolution is required to keep standing alone in a luxury arena dominated by bigger groups like LVMH and Kering, he says. Read the full interview by Rachel Sanderson.

Moncler report H1 revenue growth 👏 The Italian luxury fashion brand has reported an 11% increase in revenue for the first half of 2024, totalling just over €1bn. Q2 revenue also experienced growth of 5%, which was driven by the DTC channel. The company revealed a strong performance in the APAC, Japan and Korea regions, with revenue in those territories up 19%. This has been partly credited to the growth of tourism in Japan, as well as the positive performance of the Chinese mainland. Remo Ruffini, Chairman and CEO of Moncler, commented: "We are very pleased with the solid set of results we delivered in the first half of the year amid a generally complex operating environment for the luxury goods sector. The global macroeconomic context is highly volatile and unpredictable, and industry trends are seeing a continued normalisation.” #News #Fashion #Luxury #H1 #Revenue #Sales #Performance #Growth

Louis Vuitton and Hennessy (LVMH) indirectly acquired a 1.6% stake in Moncler (MONC), the renowned Italian premium outdoor fashion brand. This was done through the purchase of shares in Double R, the investment vehicle of Remo Ruffini, who owns 15.8% of Moncler. While there’s no official confirmation or indication of LVMH to acquire Moncler, the move has sparked speculation. The possibility of LVMH adding Moncler to its prestigious portfolio has made the industry buzzing. This development, while unexpected, might be the company's larger strategy. LVMH currently lacks outdoor luxury products, making Moncler an intriguing addition that could fill a notable gap in its lineup of high-end brands. It’s a bold step that hints at LVMH’s potential interest in expanding into the premium outdoor fashion space. This news boosted the stock price of both LVMH and Moncler last Friday.

Moncler CEO Strengthens Grip on Company With LVMH Deal. Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with #LVMH, which will take a stake in the Ruffini investment vehicle that is Moncler’s biggest shareholder. Under the deal announced late on Thursday, LVMH purchased a 10 percent stake in Double R, the investment vehicle controlled by the CEO of Ruffini Partecipazioni Holding, which currently has a 15.8 percent stake in Moncler. Double R will increase its stake in Moncler up to 18.5 percent over the next 18 months, thanks to the funding provided by LVMH that will increase its investment in Double R up to 22 percent, Ruffini Partecipazioni Holding and LVMH said in a statement. #fashionnews #moncler #louisvuitton #luxuryfashion #businessnews #retail #luxuryretail #dior #business #fashionweek #parisfashionweek

Moncler's Profit Soars as Asia Drives Revenue Growth #Moncler #LuxuryFashion #AsiaMarket Italian luxury brand Moncler just dropped some 🔥 earnings! Their profit is up a whopping 25% in the first half of 2024, thanks to a major surge in Asia. 🤯 Sales in Asia exploded by 35%! China and other key markets are going crazy for Moncler. Their secret? A killer combo of digital marketing, top-notch stores, and products that scream luxury and sustainability. ♻️ This isn't just a win for Moncler; it's a game-changer for the whole luxury fashion industry. Asia is the new gold rush, and Moncler is leading the pack. 🥇 Want to know the secret to Moncler's success? It's all about staying ahead of the curve. They've mastered e-commerce and digital marketing, making it impossible to ignore their brand. So, what's next for Moncler? The future looks even brighter! With Asia as their powerhouse and a digital strategy that's on fire, this luxury brand is here to stay. 🔥 #FashionNews #BusinessNews #LuxuryLifestyle https://lnkd.in/drGYrdYg

Capri Holdings Limited aims rightfully high with its ambitious US$2 billion growth target for Versace. Yet, a stark unseen reality dominates the 81% customer disconnect rate, translating to US$700 million in lost revenue. While the successful execution of strategic initiatives focuses on brand building and expansion, #Versace's true growth potential lies hidden in plain sight within Capri's own SEC filing. It reveals the locked opportunities to optimise the customer experience and effortlessly achieve growth targets. My work with another leading luxury organisation demonstrates this power: identifying unmet needs in untapped market segments ignited US$1.5 billion in new growth. John D. Idol, Joshua Schulman and Emmanuel Gintzburger, let's replicate this success for Versace, Jimmy Choo, and Michael Kors. By addressing the root causes of customer dissatisfaction, you could unlock a powerful US$4 billion growth engine across your entire portfolio. If you're curious, we can talk. DM me or email morten@mortenjsorensen.com. #StrategicDetective #CustomerExperience #LuxuryFashion #BrandStrategy #GrowthOpportunity #CustomerDisconnect

In Case You Missed It | Danny Younis Read, Connect, Build with dannyyounis https://lnkd.in/d2_5TSQm What are the best performing luxury and fashion stocks to date in 2024? We are now two thirds of the way through 2024. 📈 The trophy for the top performing stock so far is Ferrari 🏆 📉 The wooden spoon goes to, ahem, Burberry... Interesting seeing the correlation between poor brand and financial performance, which is closely correlated to stock prices. #luxury, #luxuryfashion, #luxuryexperiences To see how your favourite luxury stock is doing year-to-date from 1 January 2024, check out below...

Compare and contrast high-end luxury vs aspirational brands with the gulf in performance stemming from store density. Moncler's peer-leading gross margin generates ~€38k/sq meter returns vs. Canada Goose's ~€27k, requiring more brand and store investment. #consumer #Retail