Moncler Gets a Huge Revenue Boost From China and Hong Kong

It appears that Moncler's bevy of collaborations with brands like Simone Rocha, Craig Green and fragment design are paying off. The luxury outerwear company stated on Friday that it has seen an astounding 20 percent revenue growth in its first quarter, reaching €332 million ($398 million USD). The earnings were largely attributed to strong sales in Asia, particularly fashion hotbeds China and Hong Kong, where its sales rose 27 percent. This comes as no surprise as demand for luxury goods espec...