- ABOUT -
Luxury clothing and accessories
Moncler, creator of the original down jacket, designs and distributes upscale clothing and accessories for men, women and children. With the support of its leading shareholder, Eurazeo, Moncler has transformed itself to expand the brand’s prestige and reputation worldwide, and through its strategy occupies a prominent position in the luxury goods segment.
- INVESTMENT CASE -
What was the transformation objective?
The aim was to establish Moncler as the global leader in the luxury clothing sector, while seizing the full potential of international growth opportunities.
How is Eurazeo assisting Moncler in its transformation?
Eurazeo is supporting the Group in its geographical diversification strategy, which remains a key component of the company’s growth, alongside the development of its store network to strengthen its brand image.
Major strategic decisions include the decision to separate the sportswear activity from the Moncler brand, enabling the Group to focus on its core business, the decision to diversify the product range and the decision to takeover certain activities initially developed with local partners, such as in China.Moncler is continuing its ascension as demonstrated by its successful IPO in December 2013.
- PERFORMANCES & PERSPECTIVES -
In 2016 Moncler recorded revenues of 1,040.3 million euros, an increase of 18% at constant and current exchange rates compared to revenues of 880.4 million euros in 2015, the revenue trend accelerated in the fourth quarter(+25% at constant exchange rates). The wholesale channel recorded of 276.1 million euros compared to 260.7 million euros in 2015, an increase of 6% at constant exchange rates, supported by a good performance in the European and North American markets.
The Group is forcasting a scenario of further growth in 2017, based on clear strategic guidelines, consistenly defined with the aim of strengthening the unique heritage of the brand : consolidation of key markets, international development, selective expansion of product categories, focus on customers and sustainable business development.
- CSR Initiative example -
Moncler created a CSR department in 2015. It reports directly to the CEO. It also created a CSR Committee to evaluate proposals and achievements in respect of CSR. Lastly, CSR issues are addressed by the Risk Management Committee, and also feature among the objectives used to determine the variable compensation of strategic executives.