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 two globally renowned
sales agencies to elevate brand awareness and drive sales growth in
key markets across Europe.
The agencies will focus on expanding Perfect Moment’s wholesale
distribution to luxury retailers and exclusive boutiques, while
complementing the company’s growing direct-to-consumer e-commerce
business. These efforts are expected to significantly increase
brand visibility, strengthen relationships with key buyers, and
help set the stage for strong growth over the coming year.
Each of the new sales agencies brings exceptional reputations
and decades of experience in the luxury fashion industry:
- Bernd Schürmann – Named after its founder and director,
this veteran agency will focus on Germany, Austria and Switzerland,
commonly referred to as the DACH region, to drive expanded
distribution in one of Europe’s most significant markets.
- New Look Fashion Deal – Led by Alex Delafonteyne, the
Antwerp-based fashion agency will manage Perfect Moment’s wholesale
distribution in Belgium, the Netherlands and Luxembourg (Benelux).
In the Benelux region, New Look will cater to French, Flemish, and
Dutch-speaking markets and increase the brand's presence among
local customers.
“Adding to the other new agencies we’ve recently established
worldwide, these new European partnerships help position us for
long-term growth,” said Perfect Moment CEO, Mark Buckley. “We see
their extensive knowledge of their local markets also helping to
broaden our brand's appeal from the slopes to the city and pave the
way to further extend our selling period year-round.”
“We also see these new partnerships helping us to present luxury
ski apparel on a global scale, as we work to deliver unmatched
performance and style to our customers,” added Buckley.
Perfect Moment’s recently appointed head of business
development, Rosela Mitropoulos, commented: “I’ve been fortunate to
witness firsthand the exceptional results these two agencies can
deliver for premium and luxury brands. As we onboard them over the
coming weeks, we will continue to manage our distribution strategy
in-house to ensure that our sales partnerships are aligned with our
vision and brand values and deliver sustainable results.”
The new sales agencies will begin to feature Perfect Moment’s
collections in their fashion showrooms in Antwerp, Munich, and
Paris over the next several weeks.
“As experts in distribution and brand building in the DACH
region, our firm welcomes Perfect Moment to our portfolio,” stated
Schürmann. “We have been drawn to this iconic brand with its unique
mix of history, dating back to 1984, and its fusion of
retro-inspired, yet technically advanced skiwear in the world of
designer fashion.”
“Guided by the leadership of the entrepreneurial couple, Max and
Jane Gottschalk—along with Jane’s inspiring design direction and
the support of Rosela—we see tremendous potential in bringing
Perfect Moment’s unique designs to our core customers in the DACH
region,” added Schürmann. “This is truly a ‘perfect moment’ for
us!”
Delafonteyne, the founder and CEO of New Look, commented: “The
Perfect Moment brand embodies exceptional style, with bold graphics
and a distinct character that builds upon an impressive legacy
dating back to the '80s. We are especially excited about Perfect
Moment’s expansion into the outerwear market which has been
inspired by its amazing success in the skiwear industry.”
Perfect Moment’s global expansion efforts are expected to
benefit from a high-growth luxury ski apparel market that reached
$1.7 billion last year and is projected to grow at a compound
annual growth rate (CAGR) of 6.2% through 2032, according to
Business Research Insights (BRI).
The company also addresses the expanding market for luxury
outerwear which BRI forecasts to increase at a CAGR of 6.7% from
2024 to reach $30.1 billion by 2032.
Perfect Moment’s recently announced three other new sales agency
partnerships for other key global markets: CD Network for North
America; TBrand (also known as Riccardo Grassi Showroom) for
southern Europe; and Maison DixSept for Japan.
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.
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Company Contact Jeff Clayborne, CFO Perfect Moment Tel
(315) 615-6156 Email contact Investor Contact Ronald Both or
Grant Stude CMA Investor & Media Relations Tel (949) 432-7566
Email contact
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