Report
Jean Danjou

Moncler : Leading the pack on growth

>Q2 is fairly small contributor to full-year sales but it should show further acceleration in growth for the Moncler brand - The picture painted by the group at end-Q2, particularly for the Moncler brand, now looks familiar and does not reflect a negative shift in the overall trend. Although, as expected, wholesale channel sales will be impacted by the new agreement with Nordstrom in the US (in effect since early May) with the possibility of a slight decline y-o-y cc ...
Underlying
Moncler SpA

Moncler is a jacket and sportswear production group based in Italy. Co. directly produces and distributes its own clothing and accessories collections, through its direct boutiques and exclusive department and multibrand stores. Co. branded products range from the high fashion segment with the Gamme Rouge and Gamme Bleu collections (exclusive products and selected distribution to boutiques) to the Grenoble collection (sporting and technical garments). As of Dec 31 2013, Co. operated a network of 135 stores, including 107 directly operated stores (DOS) and 28 wholesale stores (27 shop-in-shop and 1 franchise store).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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