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And then just on -- last question is just on the store growth for the Moncler brand.
Ralph Lauren is trading at a lower price-to-earnings ratio than Moncler, indicating that it is currently the more affordable of the two stocks.
The best-performing luxury stocks, meanwhile, include Hermes, up 38.6% year-to-date; Moncler, up 35%; and LVMH, up 32%.
Source: https://www.etftrends.com/chinas-resurgence-fuels-the-luxury-market-air-travel-and-shipping/
The company signed an exclusive agreement with Moncler.
The crop of co-creators tapped by Moncler is indicative in many ways of where luxury fashion is as a whole right now.
Source: https://www.complex.com/style/moncler-art-of-genius-london-fashion-week-review
The Moncler x Adidas collection first released Oct. 4 through the brands’ respective websites, with select physicals stores from each brand stocking the collaboration — as well as retailers such as Saks Fifth Avenue.
The stock had a trading volume of 110 shares, compared to its average volume of 608. Moncler has a one year low of $48.70 and a one year high of $74.55.
Upbeat comments on Wednesday (Mar 1) from Reckitt Benckiser, Nivea-maker Beiersdorf, Moncler and Puma came after data showing China's factory sector grew in February at the fastest pace in more than a decade.