Double-digit growth again for Moncler

25/02/2014
High-end skiwear and padded jacket brand Moncler has announced sales up 19% to EUR 490 million for 2013 in its first public results since its oversubscribed December stock exchange listing.

The Italian brand has grown rapidly over the past few years and investors scrabbled for shares in the biggest luxury listing in Milan since 2011.

Remo Ruffini, Moncler’s CEO, said: “Moncler’s challenge has been that of marrying heritage, technical excellence and aesthetic research, to create the extreme flexibility at the heart of the Moncler down jacket: a clothing item for the mountains but also for the city.”

He added there are still important markets to penetrate, which the investment will enable it to do.