Remo Ruffini (businessman)
Remo Ruffini (born August 1961)[2] is an Italian billionaire businessman, the chairman and CEO of the fashion company Moncler.[4] He controls Ruffini Partecipazioni Srl that owns 25.4% of Moncler.[5][1]
Remo Ruffini | |
---|---|
Born | 1961 (age 58–59) |
Nationality | Italian |
Occupation | Businessman |
Known for | Chairman, CEO and 25.4% owner of Moncler[1] |
Net worth | US$2.6 billion (January 2020)[2] |
Spouse(s) | married |
Children | 2[2][3] |
Early life
Remo Ruffini is the son of Gianfranco Ruffini[2] who, in the 1970s, was owner of a clothing company in New York City[5] called Gianfranco Ruffini Ltd.[7]. His mother, Enrica, owned a clothing company as well.[5]
Career
Ruffini started his career in the US, working for his father's eponymous clothing company, Gianfranco Ruffini Ltd.[2][5][8]
At 23, he returned to Italy and founded a company, New England,[3] which he sold sixteen years later (in 2000) to Stefanel Group.[9][8] That same year, he started working as a creative consultant for the holding company which owned Moncler. [10]
In 2003, Ruffini took over Moncler, which was almost bankrupt at the time, and transformed the company by reinventing the brand.[8][11]
Ten years later, in December 2013, Ruffini took the company public by listing it on Milan,s stock exchange. Within the first afternoon, the share price rose 47%.[5] [10]
In 2018, Ruffini conceived the Moncler Genius project, where well-known designers create collections interpreting Moncler’s identity that are released on a monthly basis.[12][13][14]
Honours
Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour[17]
References
- "Consob". Retrieved 23 July 2019.
- "Forbes profile: Remo Ruffini". Forbes.com. Retrieved 23 January 2020.
- "How Did Remo Ruffini Turn the Humble Down Jacket into a Multibillion-Dollar Empire?". Retrieved 5 May 2019.
- "Bloomberg - Remo Ruffini". Retrieved 4 February 2019.
- "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World". Retrieved 4 February 2019.
- "Remo Ruffini - Profile". Retrieved 4 February 2019.
- "Remo Ruffini Could Become A Fashion Billionaire Selling $1,000 Puffy Jackets". Retrieved 4 February 2019.
- "BOF - Remo Ruffini". Retrieved 4 February 2019.
- "Moncler chief Remo Ruffini: the man behind the $1,000 puffa". Retrieved 4 February 2019.
- "Moncler Transformed Ski Parkas With $1,000 Price Tags. What's Next?". Retrieved 28 January 2019.
- "Moncler 5 Craig Green". Retrieved 4 February 2019.
- "Moncler's new collection is genius, literally". Retrieved 4 February 2019.
- "There's a full-length puffer gown from Moncler for your next freezing cold black tie event". Retrieved 4 February 2019.
- "Enterpreneur of the year". Retrieved 28 January 2019.
- "Remo Ruffini Named Italian Entrepreneur of the Year by EY". Retrieved 28 January 2019.
- "Quirinale". Retrieved 28 January 2019.