Fashion and luxury brands are under pressure from investors and consumers alike to ramp up their sustainability efforts, or risk damaging their value, and reputation.
Designers are ready for a return to fashion — but comfort still reigns supreme.
The year started well for Moncler, which reported a growth of 18 percent in revenues in the first quarter.
The first results of the long-term partnership between the two iconic brands will be unveiled later this year.
Chairman and CEO Carlo Rivetti enthused about the growth potential of the brand in retail and market penetration in Asia and the U.S., while raising the bar on sustainability with Moncler.
Moncler chief Remo Ruffini mapped out 2021 projects as the company reported a performance last year that beat analysts’ expectations.
The Prada group has signed a new five-year loan with UniCredit linked to sustainability targets for a total amount of 90 million euros.
The company developed a 2.1 million euro project, including the donations of 3,590 notebooks and tablets destined to the students and teachers of 195 public schools in Milan.
Data from the platform also reveals that Gucci, Balenciaga and Moncler are the most searched brands on the platform in fourth-quarter 2020.
The jackets are available in black, and for men, women and children.
The COVID-19 pandemic did not stall Moncler’s acquisition of Stone Island or the arrival of new ceo’s and designers at several Italian brands, whose first collections will bow in 2021.