Moncler news and archive

Moncler to open its largest store in New York City

Italian luxury brand Moncler has announced plans to open what will become its largest store across its retail network, scheduled to be unveiled in early 2026 in New York City. The label revealed that it had signed a lease agreement for a unit on Fifth Avenue in the General Motors building, where the new flagship store is to be housed. Once...

Business

Remo Ruffini partners with LVMH to increase his stake in Moncler

LVMH has purchased a 10 percent stake in Double R, the investment vehicle controlled by Remo Ruffini’s holding company, Ruffini Partecipazioni Holding that owns a direct stake in Moncler equal to approximately 15.8 percent. The company said in a statement that the partnership between Ruffini Partecipazioni Holding and LVMH, will reinforce Remo...

Business

CNMI reveals winners of Sustainable Fashion Awards 2024

The Camera Nazionale della Moda Italiana (CNMI) hosted its annual Sustainable Fashion Awards ceremony last night at Italy’s Teatro alla Scala, where 10 awards were presented to recipients recognised for their commitment to craftsmanship, the circular economy and innovation, among other qualities. The event, which was hosted in collaboration with...

BusinessFeatured

Moncler Group increases H1 sales and profit

Moncler Group’s revenues of 1,230.2 million euros in the first half of 2024, increased by 11 percent at constant exchange and 8 percent at current exchange rates. In the second quarter, group revenues were 412.2 million euros, up 3 percent. Moncler brand revenues were 1,041.3 million euros in the first half, up 15 percent cFX and up 11 percent...

Business

Moncler, a leader in sustainable luxury according to TIME and Statista ranking

TIME and Statista have ranked the Italian fashion house highly for its sustainable practices, commending its efforts in recycling, renewable energy, and carbon neutrality goals. In a recent study conducted by TIME magazine and data firm Statista, Moncler stands out as one of the most committed companies to sustainability worldwide. Taking third...

BusinessFeatured

Moncler Group revenues rise 16 percent in the first quarter

In the first three months of 2024 Moncler Group revenues of 818 million euros, increased 16 percent including Moncler brand revenues of 705 million euros and Stone Island brand revenues of 113 million euros. Moncler brand revenues increased by 20 percent cFX, driven by strong growth in the DTC channel across all regions, while Stone Island brand...

Business

From JW Anderson to Thom Browne: What to look out for at Milan Design Week

In what has been established to be an event that merges fashion and design, Milan Design Week returns to the Italian fashion capital alongside the Salone del Mobile, running from April 15 to 21, during which time a curation of home collections by fashion brands will be showcased. Over the course of the week, 33 brands with 44 appointments will...

BusinessFeatured

Moncler Group's revenues and profit surge in 2023

In 2023, Moncler Group reached consolidated revenues of 2.98 billion euros, up 17 percent cFX compared with the same period in 2022. In the fourth quarter, Group revenues were 1,177.9 million euros, up 16 percent cFX compared with the same period of 2022. In 2023, the consolidated gross profit was equal to 2,300.8 million euros, Group EBIT rose...

Fashion |In Pictures

Moncler partners with Roc Nation on Jay-Z designed line

Moncler has teamed up with Roc Nation on a collection designed by the entertainment company’s famous owner Jay-Z, with the line dropping via UK retailer Flannels. The move comes as a further extension of the Moncler Genius universe, a concept that was introduced to London Fashion Week in February last year and looked to push co-creation across...

Business

EssilorLuxottica to develop eyewear collection for Moncler

EssilorLuxottica and Moncler have announced the signing of a licensing agreement that includes the design, production, and global distribution of Moncler eyewear. The company said in a release that the agreement will be in effect from January 2024 until December 2028, with an automatic renewal option for an additional five years. Commenting on...

BusinessFeatured

Moncler revenues jump 24 percent

In the first six months of 2023, Italian luxury group Moncler SpA reached consolidated revenues of 1,136.6 million euros, up 24 percent cFX compared with the same period in 2022. These results include Moncler brand revenues of 935 million euros and Stone Island brand revenues of 201.6 million euros. In the second quarter, group revenues were...

People

Moncler CEO Remo Ruffini receives honorary degree

Remo Ruffini, the chief executive of Moncler, accepted an honorary degree of arts in fashion and entrepreneurship from the University for the Creative Arts (UCA) “in recognition of his outstanding contribution to fashion and business”. Ruffini donned his cap and gown and attended a graduation ceremony at The Royal Festival Hall to formally...