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
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
MILAN — The upcoming edition of Milan Fashion Week is set to open with a bang, according to the preliminary schedule presented by the Italian fashion chamber on Wednesday. Running Jan. 12 to 16, the event will kick-start with Sabato De Sarno debuting his menswear vision for Gucci at 3 p.m. CET. Sandwiched between Billionaire and … Read more
