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Moncler information


Moncler S.p.A.
Company typeSocietà per azioni
Traded as
BIT: MONC
FTSE MIB component
IndustryFashion
Founded1952; 72 years ago (1952) in Monestier-de-Clermont, France
FounderRené Ramillon, André Vincent
Headquarters
Milan
,
Italy
Key people
Remo Ruffini (CEO)[1]
Revenue€2.98 billion[2] (2023)
Net income
€611.9 million[2] (2023)
Number of employees
6,754[3] (2023)
SubsidiariesStone Island
Websitewww.monclergroup.com, www.moncler.com

Moncler S.p.A. is an Italian luxury fashion brand specialized in ready-to-wear outerwear headquartered in Milan, Italy. Since its start as a down jacket boutique, Moncler has expanded to design vests, raincoats, windbreakers, knitwear, leather goods, footwear, fragrance, and related accessories.[4][5] Its core branding includes the rooster (cockerel), "M" monogram, felt appliqué badge, crossed skis and cartoon duck mascot.

Founded in the Alpine town of Monestier-de-Clermont, France, Moncler quilted jackets were used by cold-weather workers, mountaineers, and skiers throughout Europe. Italian entrepreneur Remo Ruffini bought the near-bankrupt company in 2003 and moved it to Milan, re-launching Moncler as a global purveyor of luxury goods. Its use of private equity financing during the late-2000s and early-2010s saw to its listing on the Milan Stock Exchange in 2013. Moncler reported €2.98 billion in revenue in 2023.[6] The house's collaborations with emerging designers and €1.15 billion-acquisition of Stone Island in 2020, has led to its increased presence in streetwear fashion.[7][8]

  1. ^ Levine, Joshua (8 October 2018). "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World". Wall Street Journal. Retrieved 12 October 2018.
  2. ^ a b "Results 2023". Retrieved 17 Jun 2023.
  3. ^ "Working at Moncler". Retrieved 24 June 2024.
  4. ^ Conway, Megan (November 29, 2011). "Aprés Ski: Moncler Moves Beyond the Jacket". Wall Street Journal. ISSN 0099-9660. Retrieved June 18, 2022.{{cite news}}: CS1 maint: url-status (link)
  5. ^ Sciorilli Borrelli, Silvia (December 17, 2020). "Remo Ruffini shows Moncler is more than just puff with €1bn Stone Island deal". Financial Times. Retrieved June 18, 2022.
  6. ^ "Moncler 2023 GROUP REVENUES" (PDF).{{cite web}}: CS1 maint: url-status (link)
  7. ^ Cristoferi, Claudia; Aloisi, Silvia (May 5, 2022). "Moncler bets on store expansion, footwear to drive growth". Reuters. Retrieved June 18, 2022.
  8. ^ Lynch, Jack (April 8, 2020). ""Streetwear Is Very Healthy And Will Continue To Be": An Interview With Moncler's Sergio Zambon". Complex. Retrieved June 18, 2022.

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