- Strategic partnership with top-tier sales agency to grow North
America brand presence.
- Brings decades of regional expertise to expansion of Perfect
Moment wholesale distribution business.
- Expected to drive greater sales of Perfect Moment’s Fall/Winter
2025 collection.
Perfect Moment Ltd. (NYSE American: PMNT), the high-performance,
luxury skiwear and lifestyle brand that fuses technical excellence
with fashion-led designs, has partnered with renowned luxury
fashion sales agency, CD Network, to expand its wholesale
distribution and bring greater brand awareness of Perfect Moment to
North America.
The agency will spearhead efforts in the U.S. and Canada,
marking Perfect Moment’s first sales agency engagement for these
major markets. The partnership is expected to significantly
increase brand visibility and relationships with key buyers and
help set the stage for record sales of Perfect Moment’s Fall/Winter
2025 collection.
“We are excited to add Perfect Moment to our roster of
influential brands as a global leader in fashion skiwear,” stated
CD Network founder and CEO, Christophe Desmaison. “Perfect Moment
has infused fashion and vibrancy into the best technical gear,
bringing style to the slopes. The brand’s expanded offering with a
city relevant range is sure to appeal to our designer store
clientele.”
CD Network will feature Perfect Moment’s collections in its
fashion showroom located in the Hudson Yards of New York City. The
agency plans to expand the brand’s presence in luxury retailers and
exclusive boutiques while complementing Perfect Moment’s e-commerce
channel.
The new partnership lays the groundwork for Perfect Moment’s
long-term growth, particularly in outerwear and knitwear
categories, and expanding the brand's appeal from slopes to cities
while extending the selling period throughout the year.
“Our CD Network partnership marks an exciting new chapter for
Perfect Moment,” stated company CEO, Mark Buckley. “We selected
Christophe’s agency as our first North American sales agency to
help expand our wholesale business in our biggest market because of
his decades of experience and exceptional reputation in the fashion
industry.”
“Through collaboration with sales agencies like CD Network who
bring extensive knowledge of their local markets, we’re ensuring
our brand is positioned for success on a global scale,” added
Buckley. “As the next step in this strategic approach, we plan to
engage additional agencies in other major global markets, such as
for the UK, Europe and Asia.”
Perfect Moment’s recently appointed head of business
development, Rosela Mitropoulos commented: “I’ve had the pleasure
of working with Christophe in the past, where I’ve witnessed his
remarkable ability to deliver results for luxury brands like
Perfect Moment. I look forward to working closely with Christophe
and his team to ensure that the management of our distribution
strategy is aligned with Perfect Moment’s in-house goals, ensuring
full alignment with our brand values and positioning.”
The integration phase has already begun, with new showrooms for
New York City planned for December.
Perfect Moment's skiwear offerings address the high-growth
global luxury ski apparel market which is expected to reach $1.5
billion in 2024 and grow at a compound annual growth rate (CAGR) of
6.5% from 2024 to 2031, according to Global Research and
Insights.
The company also addresses an expanding market for luxury
outerwear which is expected to total $15.9 billion in 2024, and
forecasted to increase at a CAGR of 7% from 2024 to 2031, according
to Absolute Market Research & Advisory.
About CD Network
Founded and led by Christophe Desmaison, CD Network is a
top-tier sales agency with a multi-brand fashion showroom located
in the Hell's Kitchen theater district of New York City. For more
information visit cdnetworkny.com.
About Perfect Moment
The Perfect Moment brand was born in 1984 in the mountains of
Chamonix, France. The Perfect Moment brand was relaunched by Max
and Jane Gottschalk in 2012 and was acquired by the company in 2017
and 2018. Perfect Moment is a high-performance luxury skiwear and
lifestyle brand. It blends technical excellence with
fashion-forward designs, creating pieces that effortlessly
transition from the slopes to the city, the beach, and beyond.
Initially the vision of extreme sports filmmaker and
professional skier Thierry Donard, the brand was built on a sense
of adventure that has sustained for over 20 years. Donard, fueled
by his personal experiences, was driven by a desire to create
pieces that offered quality, style and performance, pushing the
wearer in the pursuit of every athlete’s dream: to experience ‘The
Perfect Moment.’
In 2012, British-Swiss entrepreneurial couple Jane and Max
Gottschalk took ownership of the brand. Under Jane’s creative
direction Perfect Moment was injected with a new style focus, one
that reignited the spirit of the heritage brand, along with a
commitment to improving fit, performance and the use of
best-in-class functional materials. As such, the designs evolved
into distinct statement pieces synonymous with the brand as we know
it today.
Today, the brand is available globally, online and via key
retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges,
Saks, Bergdorf Goodman and Neiman Marcus.
Learn more at www.perfectmoment.com.
Important Cautions Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. All statements, other
than statements of historical fact, contained in this press release
are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
“will,” “would,” or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are neither historical
facts nor assurances of future performance. Instead, they are based
on our current expectations and are subject to inherent
uncertainties, risks and assumptions that are difficult to predict.
Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate.
Our actual results and financial condition may differ materially
from those indicated in the forward-looking statements. Therefore,
you should not rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial
condition to differ from those contained in the forward-looking
statements, include those risks and uncertainties described more
fully in the section titled “Risk Factors” in the final prospectus
for our initial public offering and in our Form 10-K for the fiscal
year ended March 31, 2024, filed with the Securities and Exchange
Commission. Any forward-looking statements contained in this press
release are made as of this date and are based on information
currently available to us. We undertake no duty to update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241125395082/en/
Company Contact Jeff Clayborne, CFO Perfect Moment Tel
(315) 615-6156 Email contact Investor Contact Ronald Both or
Grant Stude CMA Investor Relations Tel (949) 432-7566 Email
contact
Grafico Azioni Perfect Moment (AMEX:PMNT)
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Da Nov 2024 a Dic 2024
Grafico Azioni Perfect Moment (AMEX:PMNT)
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Da Dic 2023 a Dic 2024
