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Lifestyle, Taps JW Anderson
Chairman and ceo Remo Ruffini revealed the new chapter of the project also includes a suitcase with Rimowa and an e-bike with Mate.bike.
MILAN — “We have a global consumer and now we want to give a voice to that consumer.”
That’s how Remo Ruffini, chairman and chief executive officer of Moncler, presented the third cycle of the Moncler Genius project in an interview with WWD. This time though the company is exploring new territories beyond fashion, working on an innovative product with Rimowa and confirming a collaboration with JW Anderson.
WWD was the first to report in September that Jonathan Anderson, founder of the JW Anderson brand and creative director of Loewe, could be among the designers in Moncler’s newest lineup of collaborations.
“This is the next step for Moncler Genius, one that I have worked on for more than a year and a half, it’s very dear to me,” Ruffini confided.
Elaborating on Rimowa, Ruffini said, “This is a very, very interesting conceptual and communication project that allows consumers to talk with the whole world.” While conceding it was difficult to describe the product to someone who has not seen it, he said it is “a suitcase that has visual communication tools. Consumers will be able to have conversations that will not be only virtual but also physical, and when they travel through airports and carry this suitcase, it can be seen by other consumers.”
The reasoning behind this new product, invented with Rimowa, is that the Genius project “is evolving. My initial idea was to find creative talents that would bring a lot of energy to the brand and give voice to the roots of the brand — after all, our motto is ‘One House, Different Voices.’ Now we are giving voice to our customers. We can create a dream and have the energy tell a story, it’s a fundamental point,” Ruffini said.
The new developments will be presented at the Genius Building in Milan on Feb. 19 during Milan Fashion Week and then on the following Sunday to consumers, as Moncler did last year.
“Rather than for publicity, [the suitcase] is an expression of our consumers, who can communicate content with the same attitude and approach they have online but not in a virtual way, by building a social network, in a dialogue with an expanded community,” he said, emphasizing the technology and innovation of the object, the price for which has not been established yet. “We’ve had excellent results with Genius also at wholesale, and now the dream is for our millions of consumers to be able to be part of the community and talk with one another.”
Ruffini then went on to praise Anderson’s creativity, acknowledging the designer’s success with his own brand and with Loewe, and emphasized his “very different approach toward luxury compared with other designers — let’s call it more pop, which you can see from the different layout of his stores and type of products, his attitude as a person. It was intriguing for me to have him in the team.”
The injection of Anderson’s products, which Ruffini said can be used by both men and women, and are “very simple in terms of design but very strong in conceptual terms,” will help Genius evolve with a new distinctive voice that will “not cannibalize” the collections.
For the time being, Anderson has designed one collection for Moncler Genius, but Ruffini said “we keep the doors open, we fine-tune and decide as we go along. We want to give continuity to the project, bringing loyalty to the brand, in a dialogue with all generations.”
“I really admire what Moncler has achieved with Genius and with the brand as a whole, how they articulate technology in a revolutionary way,” Anderson said in a separate interview. “It’s just incredible, and I’m really excited about it.”

Jonathan Anderson courtesy image
Asked about his approach to the collaboration, Anderson said he was thinking about the concept of an “inflated archive” as well as exaggerated shapes and the DNA and milestones of the brand. He said he was using the Moncler quilting on the inside of bags, for example.
He said the craftsmanship and know-how at Moncler were incredible, and that the company’s team’s skills “are on another level, and they have an effortless approach to design. Anything is possible with them, and the level of quality is crazy.”
As an example, Anderson said he worked with them on using a chain link as a popper on some of the pieces. As for the quilting inside the bags, he said he’s been able to create a puffer within the body of a bag, which gives it a shape and creates volume. It looks effortless, he added, but it’s quite a complicated construction.
Born in Northern Ireland in 1984, Anderson is known for his provocative and androgynous designs. He studied men’s wear at the London College of Fashion, graduating in 2005, and launched his JW Anderson fashion label in 2008. Previously, he has collaborated with Converse and with Uniqlo.
In addition to JW Anderson, the Moncler Genius 2020 lineup confirms Sergio Zambon and Veronica Leoni for 2 Moncler 1952; Sandro Mandrino for 3 Moncler Grenoble; Simone Rocha; Craig Green; Matthew Williams of 1017 Alyx 9SM; Fragment Hiroshi Fujiwara; Richard Quinn, and Poldo Dog Couture.
Surprising is the new agreement with Mate.bike, which is yet another way to explore other sectors beyond fashion, with “design content, technology and a strong concept,” said Ruffini, offering Moncler’s customers a different experience. “As a user myself, this e-bike allows you to do sports and to reach heights, the tip of mountains and destinations that were impossible to reach before, allowing to feel sensations and see views that were unthinkable,” Ruffini said. The presentation will be in an industrial site in an existing building, and Ruffini hinted at a tower structure made of bicycles “the color of snow and made for the snow.”
It is undeniable Ruffini’s decision to start the Genius project in 2018 was followed by a wave of capsule collaborations and drops conceived by other fashion brands. Asked about this trend, he said he was “very satisfied” with Moncler’s new course. “Three or four years ago, I myself was tired of our traditional strategy. Today I feel I am part of a modern and contemporary company, unique and with lots of energy. I think that a brand such as Moncler needs this kind of strategy, it’s inevitable if you want to continue to be winning. If others do it, too, it encourages me even more, it means that our strategy is right, but I don’t have to look at my competitors. If I succeed in the future it’s because I will have succeeded in creating and managing a unique company. The important thing is that I have the possibility to evolve this concept. I believe this is a new way to work, with Genius we changed the way we work.”
Ruffini has over the years driven Moncler’s growth by forming close relationships with designers from Nicolas Ghesquière to Junya Watanabe, Giambattista Valli, who designed Moncler Gamme Rouge, and Thom Browne, who was in charge of the Moncler Gamme Bleu line for men. After 10 years of a successful run with the latter two projects, Ruffini overturned the company’s business model and strategy, launching Moncler Genius in 2018, a series of drops and capsules with designers ranging from Pierpaolo Piccioli to Simone Rocha and Craig Green, to name a few.
According to the Moncler Genius business model, each collection is released singularly through monthly projects, both physical and digital.
Moncler will release its 2019 sales and profits on Feb. 10 and is in its black-out period, but Ruffini in any case wanted to speak more about how Genius “created value” for the brand, increased its awareness with consumers, who are eager to find out about the next chapters of the project, he said, which is about “quality, not quantity. We don’t want to grow Genius too much, the spirit is to create emotions and curiosity with new monthly content. I feel the brand is more respected now and that we interact with a younger customer, although we don’t concentrate on that alone, we speak to all generations.”
He conceded the move “was risky” at the beginning. “The company was already faring well, but I am happy of the choice we made.”
Milan’s House of Genius pop-up store in Galleria Vittorio Emanuele II closed at the end of January, and Ruffini was proud to say that, since its opening in November, it attracted more than 100,000 visitors — “almost like a museum. I am very satisfied, independently from the sales, it signals that this is the right path.” While a permanent Moncler banner is expected to replace the pop-up, Ruffini admitted the timing to receive permits in the storied and protected luxury shopping arcade is “very long,” and that he was thinking of “another project” for the location as Moncler waits for the green light to proceed with the works.
DAX:
Lufthansa (LHA TH) +1.4%
Ryanair Reports Winter Profit, Says Max Boost a Year Away
Adidas (ADS TH) +1.3%
Wirecard (WDI TH) -1.2%
Worldline to Buy Ingenico in Cash, Stock Deal Valued at EU7.8b
MDAX:
K+S (SDF TH) +3.2%
Telefonica Deutschland (O2D TH) +1.6%
Alstria Office (AOX TH) +1.4%
RTL (RRTL TH) +1.3%
TAG Immobilien (TEG TH) +1.2%
Bechtle (BC8 TH) -0.9%
Aurubis (NDA TH) -1%
Nemetschek (NEM TH) -1.4%
Dialog Semi (DLG TH) -1.5%
Siemens Healthineers (SHL TH) -6.5%
Siemens Healthineers 1Q Adj. Ebit Below Ests, Outlook Confirmed
SDAX:
Heidelberger Druck (HDD TH) +3.5%
Dr Hoenle (HNL TH) +2.5%
1&1 Drillisch (DRI TH) +2%
SAF Holland (SFQ TH) +1.8%
Deutz (DEZ TH) +1.7%
Leoni (LEO TH) -0.9%
Traton (8TRA TH) -1%
Wacker Chemie (WCH TH) -1.9%
Wacker Chemie Cut to Sell at AlphaValue
HelloFresh (HFG TH) -2.3%
Stabilus (STM TH) -2.9%
Stabilus 1Q Revenue, Adj. Ebit Miss Lowest Estimate
Nokia (NOA3 TH) +4%
Nokia Oyj: Nokia launches cloud-native network operations software with extreme automation for 5G
TechnipFMC (1T1 TH) +3.2%
K+S (SDF TH) +2.4%
Diageo (GUI TH) +2%
Alstria Office (AOX TH) +1.4%
Rio Tinto (RIO1 TH) +1.1%
Eni (ENI TH) +1.1%
Watch European Commodity Stocks As Prices Collapse in China
Puma (PUM TH) -1.1%
CTS Eventim (EVD TH) -1.2%
Nemetschek (NEM TH) -1.4%
Dialog Semi (DLG TH) -1.4%
GEA Group (G1A TH) -1.4%
Wirecard (WDI TH) -1.5%
French Payment Services Company Worldline to Buy Rival Ingenico
Engie (GZF TH) -1.6%
Engie Cut to Equal-Weight at Barclays; PT 17 euros
HelloFresh (HFG TH) -2.1%
Siemens Healthineers (SHL TH) -6.5%
Siemens Healthineers 1Q Adj. Ebit Below Ests, Outlook Confirmed
Worldline (WO6 TH) -14%
French Payment Services Company Worldline to Buy Rival Ingenico
>>> Up
* Britvic Raised to Overweight at JPMorgan; PT 1,065 pence
* Drax Raised to Overweight at Barclays; PT 535 pence
* DSV PANALPINA A/S Raised to Buy at Citi; PT 1,000 kroner
* EDF Raised to Overweight at Barclays; PT 14 euros
* Iberdrola Raised to Overweight at Barclays; PT 11 euros
* Remy Cointreau Raised to Outperform at Bernstein; PT 123 euros
* SSE Raised to Overweight at Barclays; PT 1,650 pence
* TalkTalk Raised to Hold at HSBC; PT 115 pence
* Veolia Environnement Target Raised by Deutsche Bank to EUR23.50 From EUR22.50
* *Suez Target Raised t by Deutsche Bank o EUR13 From EUR12.50
>>> Down
* Academedia Cut to Hold at Handelsbanken; PT 62 kronor
* Basilea Cut to Hold at Research Partners; PT 59 Swiss francs
* BNP Paribas Cut to Sell at Berenberg; PT 42 euros
* Bpost Cut to Underperform at Jefferies; PT 7.50 euros
* Chr. Hansen Cut to Hold at SEB Equities; PT 540 kroner
* EDP Cut to Equal-Weight at Barclays; PT 4.50 euros
* Engie Cut to Equal-Weight at Barclays; PT 17 euros
* LSE Cut to Market Perform at KBW; PT 8,000 pence
* McCarthy & Stone Cut to Hold at Jefferies; PT 168 pence
* Siemens Gamesa Cut to Underweight at Renta 4; PT 12 euros
* Sanoma Oyj Cut to Hold at SEB Equities; PT 11 euros
* SGL Cut to Add at AlphaValue
* Wacker Chemie Cut to Sell at AlphaValue
>>> Initiation
* Adevinta Rated New Buy at HSBC; PT 125 kroner
* Beazley Rated New Neutral at Goldman; PT 555 pence
* Chi-Med Rated New Equal-Weight at Barclays; PT 375 pence
* Compass Rated New Hold at Deutsche Bank; PT 1,850 pence
* Edenred Rated New Hold at Deutsche Bank; PT 51 euros
* Elior Group Rated New Buy at Deutsche Bank; PT 15 euros
* Hiscox Reinstated Buy at Goldman; PT 1,590 pence
* Idorsia Rated New Overweight at Barclays; PT 38 Swiss francs
* Lancashire Rated New Buy at Goldman; PT 860 pence
* Lufthansa ADRs Rated New Hold at Spin-Off Research; PT $17
* MorphoSys Rated New Equal-Weight at Barclays; PT 110 euros
* Sobi Rated New Underweight at Barclays; PT 160 kronor
* Sodexo Rated New Hold at Deutsche Bank; PT 100 euros
>>> Call
* BNP Paribas Cut at Berenberg on Negative Rates, Revenue Pressure
* Kone Investors Cautioned Against Being Too Optimistic: MS
* McCarthy & Stone Cut at Jefferies on Lengthy Shift to Rentals
* Postal Sector Challenging; Jefferies Cuts BPost, Austrian Post
Chinese stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading amid the worsening virus outbreak.
The CSI 300 Index dropped as much as 9.1% as onshore financial markets opened for the first time since Jan. 23. More than 2,600 stocks fell by the daily 10% limit. China’s benchmark iron ore contract declined by its daily limit of 8%, while copper, crude and palm oil also sank by the maximum allowed. The yield on China’s most actively traded 10-year government bonds dropped the most since 2014. The yuan tumbled more than 1% to weaken past 7 per dollar.
The rout comes as regulators unleashed targeted measures to help blunt the pain for companies, banks and individuals, as well as pledging financial stability. China injected cash into the financial system Monday, with the central bank seeking to ensure ample liquidity as markets plunge. It cut the rates on the funds by 10 basis points. Officials also urged investors to evaluate objectively the impact of the coronavirus, which has killed more than 360 and spread to more than 17,000 people.
”It is really hard to trade stocks,” said Li Shuwei, chairman at Beijing WanDeFu Investment Management Co. “It’s impossible to predict how this disease will develop. Even the experts have no clear idea when the outbreak will end, let alone stock traders. It’s too early to buy stocks right now and it’s also difficult to sell as all shares are limit down. So I will just have to wait and see.”
Nikkei -1.01% Hang Seng +0.30% CSI -7.98% Shanghai -7.9% Shenzen -8.0%
Eur$ 1.1082 CNH 7.0205 CNY 7.0205 JPY 108.49 GBP 1.3158 CHF 0.9635 RUB 63.85 TRY 5.985 WTI$ 51.59+ 0.04%
S&P +0.58% EuroStoxx +0.11% FTSE +0.24% Dax +0.15% SMI
Macro :
- Bundesbank Sees Risk of Diverging Banking Rules After Brexit
- French Strikes May Have Unexpected Upside for Weary Parisians
- Einhorn’s Greenlight Capital Funds Decline 7.6% in January
- *RUSSIA SAYS IS READY TO MEET WITH OPEC+ IN FEB: IFX
Keep ane eye on :
- AC FP : Simon Property, Accor, SBE Form Food-Delivery Venture: DJ
- ADS GY : Under Armour’s 2020 Guidance Could Miss Expectations, UBS Says
- AIR FP : CAPA: Airbus reaches agreements with French, UK and US authorities, will pay EUR3.6bn in penalties
- ATO LN : Atos Says May Pursue Reduction of Worldline Stake
- AV/ LN : Aviva Closes 2 Irish Funds to Withdrawals for up to 6 Months
- BAKKA NO : Bakkafrost Sees Russia Reopening in Foreseeable Future, FA Says
- BAYN GY : Bayer Mulls New Tactic in Roundup Settlement Talks: Reuters
- BAYN GY : California Bayer-Roundup Trial Put on Hold Amid Settlement Talks
- BIDU US : Baidu Prelim Fourth Quarter Revenue Beats Highest Estimate --> +3.2% in After Hours
- BMW GY : BMW Postpones Work on Next-Generation Mini Model Due to Brexit
- EN FP : Bouygues Construction Suffered Ransomware Attack on IT System
- EN FP : Cellnex Is Said to Be Frontrunner for Bouygues Fiber Project (1)
- B8F GY : Biofrontera's Ameluz Gets Use Extension Recommendation in Europe
- CSGN SW : Credit Suisse Freezes Investment Bank Bonus Pool: FT
- ENEIL IM : Hull Street Energy Buys Hydroelectric Plants From Enel-GE JV
- FUTR LN : Future Plc Growth Overstated, Short Seller Shadowfall Says
- GN DC : GN Temporarily Suspends Operations at China Plant; Shares Fall
- HMB SS : H&M aims to reshape stores for digital age, eyes transformation of outlets into logistical hubs for online shopping - FT - https://on.ft.com/2S6Erio
- HSBA LN : HSBC Reaches Settlement With Top Trader Who Sued Ex-CEO
- ING FP : French Payment Services Company Worldline to Buy Rival Ingenico
- ING FP : Ingenico Group Sees 2020 Ebitda Above EU650 Mln
- ISP IM : OTP, Intesa in Final Round for Purchase of Garanti Romania: ZF
- JE/ LN : Just Eat to Apply for Delisting in London, to Abide by CMA Order
- BAER SW : Julius Baer Assets Under Management Meets Estimates
- COX FP : Nicox Receives U.S. Approval for NCX 470 Formulation Patent
- UG FP : French Jan. New Car Registrations Down 13.4% on Year: CCFA
- PIC BB : Picanol Sees Financial Impact Cyber Attack at Less Than EU1.0m
- PROX BB : Belgian Regulator Proposes Awarding Provisional 5G Licenses
- PUM GY : Under Armour’s 2020 Guidance Could Miss Expectations, UBS Says
- RBS LN : RBS Finalizing Plan for $403 Million Bonus Pot, Sky News Reports
- RB/ LN : JAB Is Said to Pick BNP, JPMorgan for 3 Billion Euro Coffee IPO
- RNO FP : French Jan. New Car Registrations Down 13.4% on Year: CCFA
- RYA LN : Ryanair 3Q Profit After Tax EU88m vs. EU66m Loss; Keeps Outlook
- SALM NO : ISA Suspected at Salmar Farm, Norway Food Safety Authority Says
- SEM PL : Semapa CFO Paredes Resigns, to Be Replaced by Vitor Pereira
- SCMN SW : Italy Fines Phone Carriers $253 Million in Antitrust Probe
- SHL GY : Siemens Healthineers 1Q Adj. Ebit Below Ests, Outlook Confirmed
- SMAR BB : Smartphoto Group FY Revenue, Adj. Ebitda Beat Estimates
- SOLB SS : Solvay Sees Net Cash Proceeds EU1.2 Billion From Polyamides Sale
- STM GY : Stabilus 1Q Revenue, Adj. Ebit Miss Lowest Estimate
- TEL2B BB : Tele2 Needs to Grow Revenue, CEO Says
- TNET BB : Belgian Regulator Proposes Awarding Provisional 5G Licenses
- TIT IM : Italy Fines Phone Carriers $253 Million in Antitrust Probe
- TKA GY : To make make decision at the end of February on the offer to buy its elevators by Koné for €17B -Press
- FP FP : French Court Refuses to Hear Total’s Uganda Human Rights Case
- WLN FP : Atos Says May Pursue Reduction of Worldline Stake
- WLN FP : Worldline 2019 Rev. EU2.38b, Est. EU2.37b
Reportedly Isabelle Kocher to stay as Head of Engie - French press
- Engie's general manager, Isabelle Kocher, to remain at the head of the energy giant,
- Kocher is "very motivated" to keep her job and defends her action to transform the group in an interview