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Simone Stern
Verified
Luxury Correspondent, Business of Fashion (BOF)
Zürich
Beats
Actualité locale et information sportive
Content
By Simone Stern Carbone, Simone Stern| Business of Fashion (BOF) Verified Moncler Group’s full-year revenues rose 7 percent to €3.11 billion ($3.42 billion), the company announced Thursday. Results beat analyst expectations; shares surged 9.5 percent just before markets closed. The Italian outerwear giant’s latest figures were the latest signal that the luxury market could be turning a corner, following encouraging results at Richemont and LVMH sales that fell more slowly than the previous quarter.
By Simone Stern Carbone, Simone Stern| Business of Fashion (BOF) Verified Michael Rider will debut his first collection as Celine’s artistic director with a runway show in Paris on July 6, the LVMH-owned brand confirmed. Rider, a key design deputy during Celine’s Phoebe Philo era who later oversaw womenswear for Polo Ralph Lauren, replaced star designer Hedi Slimane in October.
By Simone Stern Carbone, Simone Stern| Business of Fashion (BOF) Verified Moncler Group’s full-year revenues rose 7 percent to €3.11 billion ($3.42 billion), the company announced Thursday. Results beat analyst expectations; shares surged 9.5 percent just before markets closed. The Italian outerwear giant’s latest figures were the latest signal that the luxury market could be turning a corner, following encouraging results at Richemont and LVMH sales that fell more slowly than the previous quarter.
Company Info
Business of Fashion (BOF)
The Business of Fashion is a London-based media company founded in 2007. It specializes in providing comprehensive coverage of the global fashion and beauty industries, which are valued at $2.5 trillion. The company is known for its authoritative analysis and serves as a vital resource for professionals in these sectors. The Business of Fashion operates a digital platform that offers breaking news, trend reports, and market intelligence on luxury, sustainability, marketing, and beauty. It provides industry insights tailored for creatives, executives, and entrepreneurs, along with advisory services that deliver strategic advice and thought leadership for stakeholders. The company has raised a total of $2.1 million in funding, with notable investors including Index Ventures, Felix Capital, LVMH Luxury Ventures, and the Financial Times. Its mission is to open, inform, and connect the fashion and beauty industries worldwide.
Zürich, Switzerland
Founded: 2007