Asians top buyers of Moncler clothing
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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.
Questions & Answers
Q.Which countries were Moncler's biggest markets last year?
Which countries were Moncler's biggest markets last year?
China, South Korea, and the US were the top markets for the Italian luxury clothing maker Moncler during the last year reported.
Q.What were Moncler's total revenues last year?
What were Moncler's total revenues last year?
Moncler's revenues for the last year were €1.04 billion, which translates to US$1.1 billion. This figure represents an 18 per cent increase in sales.
Q.How many directly owned stores did Moncler have at the end of last year?
How many directly owned stores did Moncler have at the end of last year?
At the end of last year, Moncler operated 190 directly owned stores. This was an increase of 17 stores compared to the previous year.
Q.How did Moncler achieve most of its growth last year?
How did Moncler achieve most of its growth last year?
Most of Moncler's growth last year came from an increase in sales volume. Prices for their products remained mostly stable during this period.
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