She transformed a declining brand into a luxury icon. Today, with millions under her belt, she is a benchmark in global fashion.
Immense creativity and a unique vision drove Remo Ruffini to transform Monclera clothing brand sporty that was in decline, into a modern luxury icon that rakes in millions. With strategic alliances and collaborations with designers such as Virgil Abloh and Junya Watanabe, Ruffini takes sportswear to a new level, combining elegance and functionality.
Under Ruffini’s direction, the brand was reborn with an innovative approach that fuses haute couture and the comfort of sportswear. Since buying the company, the venture capitalist has redefined the boundaries of fashion, achieving global expansion and positioning Moncler as one of the most coveted brands in the world.
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The story of Remo Ruffini, the billionaire who refounded one of the biggest fashion brands
This great fashion entrepreneur is the architect behind the transformation of Moncler, a firm that was on the verge of bankruptcy when he decided to acquire it. He joined the company in 1999 as creative director and, a few years later, he took the reins as President and CEOrevitalizing the brand with a bold and modern approach. Ruffini reimagined the classic down anoraksadding vibrant colours and unique designs that soon became a symbol of status and sophistication. Their strategy included a successful IPO in 2013, one of the most high-profile in Italy in years, which consolidated Moncler’s position in the international market.
In 2021, Ruffini made one of his most ambitious moves by acquiring the brand Stone Island por 1.4 billion dollarsdemonstrating its commitment to expanding and diversifying its fashion empire. Thanks to its leadership and vision, Moncler not only survived, but thrived, competing at the level of fashion giants such as Armani and Prada.
How much is Remo Ruffini’s fortune, according to Forbes
At 63 years old, Ruffini has a fortune estimated at $3.2 billion. His wealth reflects not only Moncler’s success, but also his ability to capture and capitalize on fashion trends. With a stake of 24% At the company, this tycoon has established himself as one of the most influential figures in the industry, combining a ruthless business approach with an exceptional creative instinct. His philosophy of “grow, grow and grow” has resonated not only with investors, but also with consumers who look to Moncler for more than just clothing – they look to a lifestyle.
Source: Ambito
