MILAN — The Ruffini family’s investment vehicle Archive Srl has made its second acquisition in the fashion space after The Attico. The company said Friday it has acquired a minority stake in Copenhagen-based technical cycling apparel brand Pas Normal Studios. Financial terms of the transaction were not disclosed, but according to market sources the investment … Read more
MILAN – Moncler Group shares climbed 5.2 percent to 66.78 euros in mid-morning trading on Thursday following the release of strong results for fiscal 2023, and a promising start to 2024. Citi’s Thomas Chauvet described the brand as “still at the top of the mountain,” adding that Moncler was “a clear, industry-leading winter clothing brand.” … Read more
MILAN — Ten years after its public listing in Milan, Moncler continues to grow. “We celebrate the anniversary with an excellent set of results, and revenues more than five times what they were in 2013,” chairman and chief executive officer Remo Ruffini said proudly during a conference call with analysts on Wednesday at the end … Read more
MILAN — Changes in Moncler‘s shareholding structure mean that Carlo Rivetti, chairman of Stone Island, will become a direct investor in Moncler with a stake of more than 4 percent. The Rivetti family’s corporate vehicle, Grinta, has a 16.8 percent stake in Double R, controlled by Ruffini Partecipazioni, the holding of Remo Ruffini, chairman and … Read more
SAINT MORITZ — Moncler Group chairman and chief executive officer Remo Ruffini knows how to drive his message home. After rebooting Moncler Grenoble as a high-performance brand, Ruffini has been working to differentiate it from the company’s Collection and Genius labels, investing in the product offer, distribution and communication, with high ambitions. The Moncler Grenoble … 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
Stone Island is marking 42 years in business in 2024 as it kicks off a new phase. Signaling this new course, the Italian brand, controlled by the Moncler Group, on Friday held an event in Milan during Men’s Fashion Week for the first time. It was not a fashion show as expected, but a presentation … Read more
