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U.S., China and Digital Channel Boost Moncler Profits, Sales in First Half

Source: wwd.com wwd.com
News Snapshot:

MILAN — “Now we are a family,” said Remo Ruffini. The chairman and chief executive officer of Moncler SpA on Tuesday expressed his excitement at introducing a conference call with analysts as “the first time we include Stone Island .” The Italian brand, which Moncler took over in December, was consolidated in April, and Ruffini said he was “happy with the things done to set the pillars to grow Stone Island ,” commenting on the group’s performance in the first six months of the year. In the period ended June 30, net profit amounted to 58.7 million euros, which compares…

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