Report
Jean Danjou

Moncler : Ralentissement accentué en Asie, fin d’année incertaine, plus de prudence dans nos prévisions

>La demande chinoise en net ralentissement suggère un T3 quasi flat pour la marque Moncler - Les messages du groupe ne surprennent pas au vu des commentaires récents émanant des autres sociétés du secteur. La détérioration de la consommation en Chine, des achats de touristes chinois au Japon en ralentissement et des tendances en Europe impactées par un tourisme moins contributif cet été nous conduisent à tabler sur une croissance T3 pour le DTC à la marque Moncler plu...
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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