×
198
Fashion Jobs
KITEX GARMENTS LIMITED
General Manager - Merchandiser
Permanent · ALUVA
ZODIAC CLOTHING CO LTD
Sourcing Officer (Fabric & Garment)
Permanent · MUMBAI
LIFESTYLE BRANDS
Head of Marketing, Louis Philippe - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Online Sales &Amp; Merchandising Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU
LIFESTYLE BRANDS
Senior Executive - Garment Technician (ww &Amp; Kids), Pdqa
Permanent · BENGALURU
LIFESTYLE BRANDS
Sales Executive - Kannur &Amp; Kasargod
Permanent · BENGALURU
HIGH FASHION GARMENT COMPANY
Manager Humanr Resource (Male) From Mumbai Only
Permanent · MUMBAI
RAJ KHATRI FILMS PVT LTD
Digital Marketing Executive
Permanent · MUMBAI
PANTALOONS HO
Manager - Digital Marketing - Mumbai
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Buying, Peter England- Bangalore
Permanent · BENGALURU
ANANDGUPTA COUTURE
Social Media Marketing & Fashion Design Assistant
Permanent · MUMBAI
DESIGNR
Sales Officer
Permanent · NEW DELHI
NETE.IN
CRM & Logistics Executive
Permanent · MUMBAI
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · MIRYALAGUDA

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.