Both brands under the group achieved strong growth in the DTC channels across all markets.

As of January 12, 2024, the Moncler brand has opened 54 boutiques in the Chinese Mainland, spanning across 22 cities nationwide.

In this article, Luxeplace.com delves into the upgrading path the down industry has been taking by examining the recently opened flagship stores of six domestic and international feather clothing brands in the Chinese market.

Max Mara, Bottega Veneta, Versace, Valentino, and other luxury brands are currently undergoing construction in the north area of Sanlitun Taikoo Li.

From January to August this year, a total of 18 luxury brands have upgraded 21 stores in Beijing, including both new stores and renovated old ones.

Previously, media outlets such as Reuters and Bloomberg speculated that Moncler Group could be a potential buyer for Golden Goose.

The group appointed Robert Triefus as CEO of its Stone Island brand to “lead the second phase of development, focusing on the strategic development of the brand and the growth of its international influence”.

Moncler Group achieves a remarkable 25% year-over-year increase in sales, reaching €2.6 billion in 2022, with both of its major brands hitting record highs.

In the last two weeks of 2022 (December 16-29, 2022), Luxury Brands in China Bi-weekly by Luxe.CO has compiled a list of 30 luxury brands that have launched Year of the Rabbit Spring collections.