Moncler Spa Unsponsored ADR
Moncler is an Italian luxury outerwear brand founded in 1952. It is one of the leading players in luxury outerwear (EUR 12 billion market) with over 40% share in luxury down jackets (EUR 2 billion market). Moncler is globally present, with 12% of revenue generated in Italy, 29% in EMEA excluding Italy, 16% in the Americas, and 43% in Asia. Most of the company's sales are direct-to-consumer, with over 75% generated through the own retail channel (219 stores globally) and the remainder through 1,400 wholesale doors. Around 80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories.