244
Fashion Jobs
H&M
Visual Merchandiser Manager- Newmarket
Permanent · AUCKLAND
L'OREAL GROUP
Operations & Transport Manager
Permanent · AUCKLAND
ABBOTT
Tpm Contract Manufacturing Manager
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Optometrist - Opsm Rotorua
Permanent · ROTORUA
DANGERFIELD
Online Coordinator
Permanent · AUCKLAND
PUMA
Key Account Manager nz
Permanent · AUCKLAND
L'OREAL GROUP
Key Account Manager
Permanent · AUCKLAND
PETER ALEXANDER
Part Time - Sales Assistant - Peter Alexander nz - Queenstown
Permanent · QUEENSTOWN
FOOT LOCKER
Sales Associate Casual
Permanent · LOWER HUTT
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Manukau
Permanent · AUCKLAND
ESSILORLUXOTTICA GROUP
Retail Associate | Sunglass Hut Dunedin
Permanent · DUNEDIN
ESSILORLUXOTTICA GROUP
Retail Associate | Opsm Rangiora Eyecare
Permanent · CANTERBURY
PETER ALEXANDER
2 x Casual - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
PETER ALEXANDER
2 x Part Time - Sales Assistant - Peter Alexander nz - MT Maunganui
Permanent · AUCKLAND
LULULEMON
Assistant Manager | Christchurch (Tuesday - Saturday Rotation)
Permanent · CHRISTCHURCH
ICEBREAKER
Icebreaker : Sales Associate, Casual - Wellington Airport Touchlab
Permanent · WELLINGTON
DFS
Personal Shopper
Permanent · AUCKLAND
H&M
Department Manager- Chartwell (Hamilton)
Permanent · HAMILTON
H&M
Store Manager Wellington
Permanent · WELLINGTON
H&M
Sales Advisor- 28h
Permanent · AUCKLAND
H&M
Assistant Store Manager- Sylvia Park
Permanent · AUCKLAND
H&M
Department Manager- Sylvia Park
Permanent · AUCKLAND
By
Reuters
Published
Jul 24, 2019
Reading time
2 minutes
Download
Download the article
Print
Text size

Italy's Moncler sales accelerate further in second quarter

By
Reuters
Published
Jul 24, 2019

Sales growth at Italian luxury outerwear maker Moncler accelerated further in the second quarter, posting an 18% increase at constant exchange rates, as the long-lasting appeal enjoyed by the brand showed no signs of fatigue.


Moncler's collaboration with Simone Rocha for its Genius project


In the first half of the year, revenues rose 13% at constant changes to 570 million euros ($635.15 million), slightly better than consensus of 562 million according to Refinitiv SmartEstimate.

Comparable-store sales grew by 9% in the period, a company statement said.

Moncler, known for its wintry down coats, has tried to jazz up its ranges with special edition jackets from a roster of famous designers, and has stepped away from traditional catwalks shows to host edgier events in its stores.

Last year the puffer jackets brand succeeded in changing its strategy, dubbed “Genius”, in favour of monthly collections designed by different stylists to keep up with younger and more fickle customers.

Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 16% to 143.6 million euros, just above a 139 million euros forecast, with core profit margins at 25.2%, broadly stable compared to a year ago.

In a statement, chairman and chief executive Remo Ruffini expressed confidence about Moncler’s results in the coming months.

“We have evidence we’re moving in the right direction,” Ruffini told analysts. Chief Operating Officer Robert Eggs said the buoyant sales trend had extended into July.

Other brands trying to revive more sluggish sales are also experimenting with similar models and now making a push in social media marketing, including Italian shoemaker Tod’s and fashion house Prada.

© Thomson Reuters 2024 All rights reserved.