299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API Fashion
Published
Feb 28, 2023
Download
Download the article
Print
Text size

Moncler annual sales climb 25%, beat forecasts

By
Reuters API Fashion
Published
Feb 28, 2023

Sales at Italian luxury group Moncler rose 25% at constant exchange rates last year to come in ahead of forecasts thanks to strong contributions from its eponymous brand as well as Stone Island.

Net profit rose to 606.7 million euros, compared with 411.4 million in 2021, including a one-off tax benefit of 92.3 million for the Stone Island brand tax value realignment - Moncler


Full-year consolidated revenues totalled 2.603 billion euros ($2.76 billion), beating a company-provided consensus of 2.534 billion euros for the group, known for its warm puffer jackets.

In the last quarter the EMEA region was the best performing, with sales up 30% year-on-year driven by strong local demand in Italy, Germany and France.

In Asia, China's strict lockdown policies held back the group's sales in October and November, but an easing of restrictions in December prompted a recovery in store traffic.

Chairman and Chief Executive Remo Ruffini said the group exceeded expectations in 2022, its 70th anniversary year.

"Looking at 2023, the macroeconomic environment remains complex and characterized by continued uncertainty, but also by many opportunities," Ruffini added in a statement.

The group proposed paying a dividend of 1.12 euros per share, almost double compared to the 0.60 euro per share it paid last year.

Net profit rose to 606.7 million euros, compared with 411.4 million in 2021, including a one-off tax benefit of 92.3 million for the Stone Island brand tax value realignment. Moncler bought the Stone Island sportswear brand just over two years ago.

© Thomson Reuters 2024 All rights reserved.