Moncler
Italian luxury fashion house specializing in outerwear / From Wikipedia, the free encyclopedia
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Moncler S.p.A. is an Italian luxury fashion house specialized in ready-to-wear outerwear headquartered in Milan, Italy. Since its start as a down jacket boutique, Moncler has expanded to design vests, raincoats, windbreakers, knitwear, leather goods, footwear, fragrance, and related accessories.[4][5] Its core branding includes the rooster (cockerel), "M" monogram, felt appliqué badge, crossed skis and cartoon duck mascot.
Company type | Società per azioni |
---|---|
BIT: MONC FTSE MIB component | |
Industry | Fashion |
Founded | 1952; 72 years ago (1952) in Monestier-de-Clermont, France |
Founder | René Ramillon, André Vincent |
Headquarters | , Italy |
Key people | Remo Ruffini (CEO)[1] |
Revenue | €2,046 million[2] (2022) |
€411.4 million[2] (2022) | |
Number of employees | 5,290[3] (2022) |
Subsidiaries | Stone Island |
Website | www |
Founded in the Alpine town of Monestier-de-Clermont, France, Moncler quilted jackets were used by cold-weather workers, mountaineers, and skiers throughout Europe. Italian entrepreneur Remo Ruffini bought the near-bankrupt company in 2003 and moved it to Milan, re-launching Moncler as a global purveyor of luxury goods. Its use of private equity financing during the late-2000s and early-2010s saw to its listing on the Milan Stock Exchange in 2013. Moncler reported €2 billion in revenue in 2022.[6]
The house's collaborations with emerging designers and €1.15 billion-acquisition of Stone Island in 2020, has led to its increased presence in streetwear fashion.[7][8] Its efforts in sustainable fashion were formalized with their 2020 "Born to Protect" mandate, featuring a range of environmental standards.