Physical retail remains important for Moncler - sportstextiles: Lea SportsTextiles

News

Physical retail remains important for Moncler

20/11/2018
Physical retail remains important for Moncler
The chief executive of high-end ski brand Moncler, Remo Ruffini, has said that there will always be a place for brick-and-mortar stores in the luxury industry.

Speaking at a recent event, he revealed that e-commerce currently accounts for around 6-8% of Moncler’s revenue, but the brand estimates this could reach up to 20% in the future.

Despite this, Mr Ruffini said physical retail will “remain a factor” in luxury goods sales. He added that young consumers still have an affinity with commercial high streets and that travel retail has become increasingly significant. 

Related stories:

Moncler sees revenue grow 16% in first half of 2019 25/07/2019
Asia has led Moncler’s growth so far in 2018 31/10/2018
Moncler opens first store in Norway 30/08/2018
Strong six months for Moncler 25/07/2018
Moncler to increase investment in e-commerce 18/04/2018
Moncler to push online sales after record year 01/03/2018
Moncler seeks to attract younger consumers 15/02/2018
Change of direction for Moncler 16/11/2017
Moncler opens first store in Kazakhstan 06/10/2017
Moncler on course for another record year 28/07/2017
Moncler makes strong start to 2017 08/05/2017
Moncler breaks through €1 billion sales barrier 02/03/2017
Moncler revenue rises 17% in 2016 28/07/2016
Moncler sales rise in Q1 12/05/2016
Moncler puts faith in Romania for manufacturing 30/03/2016

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.