Market capitalization of Moncler on Milan Stock Exchange 2017-2022
Moncler’s market capitalization on the Milan Stock Exchange reached a value of approximately 13.5 billion euros as of December 2022, increasing considerably from the approximate 5.8 billion euros recorded in July 2017. The increasing confidence in the company’s performance was due to the fact that Moncler’s turnover has increased steadily since it went public in 2013. Already in 2016 turnover exceeded one billion euros and by 2019 it surpassed 1.6 billion euros.
A global player
Founded in France in 1952, Moncler was bought by the Italian entrepreneur Remo Ruffini in 2003. Thanks to the introduction of a new global strategy, the company grew steadily since then. As of 2021, Moncler boasted 237 stores globally and employed 4,635 individuals worldwide.
Going global paid off
Moncler’s global expansion bore its fruits. In 2021, the company originated approximately 65 percent of its revenues outside of Italy. However, that should not be a surprise. Many Italian fashion companies generate most of their revenues abroad, as Italian products in the sector are among the most desired worldwide. A ranking published in 2016, showed that most of the turnover of the leading Italian fashion companies originated outside of the country. Luxottica’s export to turnover ratio was as high as 96.7 percent.
A global player
Founded in France in 1952, Moncler was bought by the Italian entrepreneur Remo Ruffini in 2003. Thanks to the introduction of a new global strategy, the company grew steadily since then. As of 2021, Moncler boasted 237 stores globally and employed 4,635 individuals worldwide.
Going global paid off
Moncler’s global expansion bore its fruits. In 2021, the company originated approximately 65 percent of its revenues outside of Italy. However, that should not be a surprise. Many Italian fashion companies generate most of their revenues abroad, as Italian products in the sector are among the most desired worldwide. A ranking published in 2016, showed that most of the turnover of the leading Italian fashion companies originated outside of the country. Luxottica’s export to turnover ratio was as high as 96.7 percent.
