×
40 830
Fashion Jobs
ESTÉE LAUDER COMPANIES
Latam E-Commerce Project Manager/Product Owner
Permanent · New York
MICHAEL KORS RETAIL INC
Sales Supervisor, Crabtree Valley, Raleigh nc
Permanent · Raleigh
GAP
General Manager - Lenox Square (Kids & Baby)
Permanent · Atlanta
GAP
General Manager - Northbrook Court
Permanent · Northbrook
GAP
General Manager- Stonebriar Mall
Permanent · Frisco
GAP
General Manager - Roseville Galleria
Permanent · Roseville
GAP
General Manager - Central Texas Marketplace
Permanent · Waco
GAP
Merchandise Planner - Boys - Outlet
Permanent · New York
GAP
Unassigned General Manager - Greater Nashville
Permanent · Nashville
ALICE AND OLIVIA
Sales Supervisor - Cabazon Outlet
Permanent · Cabazon
TARGET CORPORATION
Owned Brand Product Design Director, Pets
Permanent · MINNEAPOLIS
LA MER
Manager, Global Supply Chain Operations - Inventory
Permanent · New York
MAC
Business Development – Key Consumer Manager, Mac
Permanent · New York
H&M
Retail Flagship Visual Manager
Permanent · Chicago
JBCSTYLE
Art Director
Permanent · NEW YORK
JBCSTYLE
Sales Operations Coordinator
Permanent · NEW YORK
ESTÉE LAUDER COMPANIES
Manager, Solution Architect- Omni Retail
Permanent · New York
TOM FORD BEAUTY
Vice President, Marketing, Tom Ford Beauty North America
Permanent · New York
ESTÉE LAUDER COMPANIES
Category Insights Manager - Supply Chain
Permanent · New York
ESTÉE LAUDER COMPANIES
Senior Account Coordinator, Estee Lauder Travel Retail – Americas
Permanent · Los Angeles
ESTÉE LAUDER COMPANIES
Manager, Product Manager
Permanent · New York
ALICE AND OLIVIA
Sales Supervisor - Town Center at Boca Raton
Permanent · Boca Raton

Moncler promises more growth after 19 pct jump in 2018 sales

By
Reuters
Published
today Feb 28, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Italian luxury outerwear maker Moncler on Thursday forecast more growth in 2019 after a new product strategy based on faster-paced collections helped to produce a 19 percent increase in sales last year and boosted profitability.


Moncler


Revenue last year rose to 1.42 billion euros ($1.62 billion), just above a Refinitiv SmartEstimate of 1.4 billion euros. Stripping out the impact of currency moves, sales rose 22 percent.

The group last year changed its strategy in favour of monthly product launches to keep up with the luxury fashion industry’s younger and more fickle customers.

Chairman and Chief Executive Remo Ruffini was optimistic even though the economic outlook was uncertain.

“We know that economic and geopolitical uncertainties could make the path steeper in the coming months, but I believe it is precisely in difficult times that one becomes stronger,” he said in a statement.

Moncler, which sells signature puffer jackets for as much as 1,000 euros, proposed a dividend of 0.40 euros per share on 2018 results, up from 0.28 euros the previous year.

Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 500.2 million euros from 411.6 million euros, above expectations of 478 million euros, with core profit margins rising slightly to 35.2 percent.

© Thomson Reuters 2019 All rights reserved.