Moncler ends Gamme Rouge and Gamme Bleu lines, parting ways with Giambattista Valli and Thom Browne
Move comes as leading fashion houses come under growing pressure from younger, digital-savvy fashion buyers
Italy’s Moncler, known for its luxury puffer jackets, signalled a change of strategy on Monday by ditching its two top catwalk clothing lines as leading fashion houses come under increased pressure from younger, digital-savvy fashion buyers.
“The group must vary and open up towards different horizons,” chief executive Remo Ruffini said.
Moncler said it would end its ready-to-wear catwalk collections Gamme Rouge and Gamme Bleu, which featured at the Paris and Milan fashion shows this year.
Moncler did not elaborate on its new strategy, though in recent years it and its peers have faced increased pressure to offer customers more collections during the year, including limited and exclusive capsule lines.
Traditionally, fashion houses have presented only two collections a year, spring-summer and autumn-winter.
Moncler stores will become venues for more frequent launches of new designs, Ruffini told The Financial Times.