Remo Ruffini (businessman)

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Remo Ruffini
Born1961 (age 62–63)
NationalityItalian
OccupationBusinessman
Known forChairman, CEO and 25.4% owner of Moncler[1]
Spousemarried
Children2[2][3]

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][6]

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]

Personal life

Ruffini is married, with two children, and lives in Como, Italy.[2][3]

Awards

Entrepreneur of the Year 2017 for Italy.[15][16]

Honours

Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour[17]

References

  1. ^ a b "Consob". Retrieved 23 July 2019.
  2. ^ a b c d e f "Forbes profile: Remo Ruffini". Forbes.com. Retrieved 23 January 2020.
  3. ^ a b c "How Did Remo Ruffini Turn the Humble Down Jacket into a Multibillion-Dollar Empire?". Retrieved 5 May 2019.
  4. ^ "Bloomberg - Remo Ruffini". Retrieved 4 February 2019.
  5. ^ a b c d e "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World". Retrieved 4 February 2019.
  6. ^ "Shareholding". Retrieved 23 July 2019.
  7. ^ "Remo Ruffini - Profile". Retrieved 4 February 2019.
  8. ^ a b c "Remo Ruffini Could Become A Fashion Billionaire Selling $1,000 Puffy Jackets". Retrieved 4 February 2019.
  9. ^ "BOF - Remo Ruffini". Retrieved 4 February 2019.
  10. ^ a b "Moncler chief Remo Ruffini: the man behind the $1,000 puffa". Retrieved 4 February 2019.
  11. ^ "Moncler Transformed Ski Parkas With $1,000 Price Tags. What's Next?". Retrieved 28 January 2019.
  12. ^ "Moncler 5 Craig Green". Retrieved 4 February 2019.
  13. ^ "Moncler's new collection is genius, literally". Retrieved 4 February 2019.
  14. ^ "There's a full-length puffer gown from Moncler for your next freezing cold black tie event". Retrieved 4 February 2019.
  15. ^ "Enterpreneur of the year". Retrieved 28 January 2019.
  16. ^ "Remo Ruffini Named Italian Entrepreneur of the Year by EY". Retrieved 28 January 2019.
  17. ^ "Quirinale". Retrieved 28 January 2019.