The Italian label led by Remo Ruffini will join in the effort to fund the construction of the 400-bed ICU hospital that the Lombardy regional authority wants to build in record time on the former Milan trade fair site.
Virgil Abloh, Rick Owens and Raf Simons are among the designers who have dropped collaborations with outdoor apparel brands, a strong emerging trend that might set off a thorough transformation of the outdoor sector.
At the presentation of the luxury group's annual results, boss François-Henri Pinault said there is no acquisition on the cards at the moment, the priority being ensuring the growth of Kering's own labels.
Shopper numbers at Moncler stores in China have plunged 80% since the country's coronavirus outbreak, the Italian label said on Monday, joining other high-end brands in warning of a big hit from the epidemic.
JW Anderson is the latest big name to be added to the list of Moncler Genius designers and is joining for its 2020 drops, as is another newcomer Rimowa, and an unexpected addition from outside of the fashion field.
The panel, which includes the likes of Carine Roitfeld, Elie Saab, Naomi Campbell, Pierpaolo Piccioli, and Yoon Ahn, will assemble in Doha, Qatar to choose five winners from five womenswear categories.
The news published by Bloomberg about a possible takeover of the down jacket label by the French luxury group fuelled plenty of speculations. FashionNetwork.com analyses the operation’s potential impact.
As luxury giants continue to snap up the world’s top brands, could the latest move be Kering preparing to buy Moncler? It could be if news reports are to be believed, although neither company has commented.