MONRF / Moncler: New Price Target Due To Fashion Industry Slowdown

Moncler has the potential to establish itself as a leading luxury brand through its marketing, history, and customer experience. The company's transit more_horizontal

Shares in high-end fashion group Moncler slipped by over 6% on Friday morning as the Italian firm reported a slowdown in sales growth over the third q more_horizontal

Analysts anticipate a slowdown in spending in the fashion sector, but Moncler's high-end clientele and strong performance in Asia may help mitigate th more_horizontal

Moncler has been outperforming the S&P 500, Europe 600 Index, and the ETF dedicated to luxury stocks, "Amundi S&P Global Luxury UCITS ETF," for years more_horizontal

Moncler S.p.A. (OTCPK:MONRF) Q1 2023 Earnings Conference Call July 26, 2023 12:00 PM ET Company Participants Elena Mariani - Strategic Planning & IR D more_horizontal

Moncler is a leading Italian luxury fashion brand known for its high-end outerwear. The company has benefited from hype to generate impressive growth. more_horizontal

Moncler recently launched the 7 x 70 collaboration with seven designers, marking the conclusion of the 70th Anniversary campaign, which kicked-off in more_horizontal

Historically, the luxury sector companies have always been solid in situations of global economic difficulty. A major boost to revenue could come from more_horizontal