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MONCLER (MONC)
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Moncler : Leave $350 hats at home, NY middle school administrators beg

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01/12/2019 | 05:56pm EST

GREAT NECK, N.Y. — Administrators at a New York middle school are begging students to leave their winter hats made by Italian apparel company Moncler at home because the pricy tops keep getting lost.

The New York Post reports that administrators at Great Neck North Middle School on Long Island wrote a letter to parents asking them to "try and redirect your middle schooler from wearing these hats to school."

Moncler's knit hats with fur pom poms cost $350, though kids' sizes are available for less.

The Great Neck North administrators said time spent looking for lost Montcler hats has been "disruptive to the students' focus and time."

Parent Elissa Siony said the letter was "silly." She told the Post, "If they lose it and freak out, they freak out."

___

Information from: New York Post, http://www.nypost.com

© 2019 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials (€)
Sales 2018 1 404 M
EBIT 2018 418 M
Net income 2018 312 M
Finance 2018 421 M
Yield 2018 1,13%
P/E ratio 2018 24,93
P/E ratio 2019 22,15
EV / Sales 2018 5,22x
EV / Sales 2019 4,44x
Capitalization 7 755 M
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 37,1 €
Spread / Average Target 22%
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Managers
NameTitle
Remo Ruffini Chairman & Chief Executive Officer
Roberto Philippe Eggs Chief Marketing & Operating Officer
Virginie Sarah S. Morgon Vice Chairman
Marco Diego de Benedetti Lead Independent Director
Luciano Santel Executive Director & Chief Corporate Officer
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