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An announcement from Perfect Moment Ltd. ( (PMNT) ) is now available.
On January 14, 2025, Perfect Moment Ltd. announced the launch of its new puffer tote bag and sunglass collection. The company reported a significant 204% increase in net revenue for fiscal Q3 2025 compared to the previous quarter, though revenue declined by 8% from the same period last year due to the end of a collaboration with Hugo Boss. Operational highlights included the opening of new retail locations in New York and Europe, a collaboration with Johnnie Walker, and the expansion of its resale program. The company also reported improved gross margins and strategic changes in leadership to support growth.
More about Perfect Moment Ltd.
Perfect Moment Ltd. is a high-performance, luxury skiwear and lifestyle brand known for blending technical excellence with fashion-led designs. The company’s market focus includes luxury lifestyle products, and it has been expanding its retail presence and collaborations globally.
YTD Price Performance: -7.22%
Average Trading Volume: 191,721
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about PMNT stock, go to TipRanks’ Stock Analysis page.