Remo Ruffini (businessman)

Remo Ruffini (born in Como, August 1961)[2] is an Italian billionaire businessman, the chairman and CEO of the fashion company Moncler,[4] and controls Double R Srl.[5]

Remo Ruffini
Born1961 (age 62–63)
Como, Italy
OccupationBusinessman
Known forChairman, CEO and 15.8% owner of Moncler[1]
SpouseMarried
Children2[2][3]

Early life

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Remo Ruffini is the son of Gianfranco Ruffini[2] who, in the 1970s, was owner of a clothing company in the US[6] called Gianfranco Ruffini Ltd.[7] His mother, Enrica, also owned a clothing company.[6]

Career

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Ruffini started his career in the US, working for his father's eponymous company.[2][6][8]

When he was 23, he returned to Italy and founded a company, New England,[3] which he sold sixteen years later 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%.[6][10] It was one of Italy's most successful IPOs at the time and he subsequently earned a place on the Forbes World's Billionaires list in 2014.[12]

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.[13][14][15]

Personal life

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

He owns a 180-ft yacht called "Atlante" and launched in 2015.[16]

Awards

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Entrepreneur of the Year 2017 for Italy.[17][18] In 2019, he won the Business Leader award at the British Fashion Awards.[19]

Honours

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Knight of Labour (Cavaliere del lavoro) - Order of Merit for Labour[20]

References

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  1. ^ "Moncler Group".
  2. ^ a b c d e "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". Bloomberg News. Retrieved 4 February 2019.
  5. ^ "Share Information". Retrieved 28 March 2021.
  6. ^ a b c d "How CEO Remo Ruffini Is Reinventing Moncler for a Faster Fashion World". Retrieved 4 February 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". Forbes. 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?". Bloomberg News. Retrieved 28 January 2019.
  12. ^ Tognini, Giacomo. "Italian Billionaire Remo Ruffini Adding Hip-Hop Favored Label Stone Island To His Pricey Sportswear Brand Moncler". Forbes. Retrieved 2023-12-19.
  13. ^ "Moncler 5 Craig Green". Retrieved 4 February 2019.
  14. ^ "Moncler's new collection is genius, literally". Retrieved 4 February 2019.
  15. ^ "There's a full-length puffer gown from Moncler for your next freezing cold black tie event". ABC News. Retrieved 4 February 2019.
  16. ^ "REMO RUFFINI - Valeur nette de 3 milliards de dollars - Propriétaire du yacht Atlante". SuperYachtFan. Retrieved 2021-05-05.
  17. ^ "L'Imprenditore dell'Anno" [Entrepreneur of the Year] (in Italian). Archived from the original on 12 February 2018. Retrieved 8 December 2022.
  18. ^ "Remo Ruffini Named Italian Entrepreneur of the Year by EY". Retrieved 28 January 2019.
  19. ^ "Who were the winners of the 2019 Fashion Awards?". Vogue. Retrieved 22 September 2023.
  20. ^ "Quirinale". Retrieved 28 January 2019.