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Asians top buyers of Moncler clothing

By Mei Ling Tan
1 min read
Asians top buyers of Moncler clothing
Asians top buyers of Moncler clothing

China and South Korea were the top markets, along with the US, for Italian luxury clothing maker Moncler last year.

Sales of Moncler clothing rose 18 per cent with revenues of €1.04 billion (US$1.1 billion). Same-store-sales were up 7 per cent, and at the end of the year the group had 190 directly owned stores, 17 more than 12 months previously.

Moncler chairman/CEO Remo Ruffini says he is convinced the group will continue to grow this year.

COO Roberto Eggs says the group has started talks with Swiss travel retailer Dufry to open in airports, with timing depending on opportunities.

CCO Luciano Santel says most of the company growth last year came from volume, with prices being mostly stable.

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