Perfect Moment Ltd. (NYSE American: PMNT), the global luxury
outerwear and activewear brand, has made significant leadership
changes designed to strengthen its management team and accelerate
its next phase of growth.
Chath Weerasinghe, a senior executive at Canada Goose (NYSE,
TSX:GOOS), where he was responsible for its global expansion, has
been appointed chief financial officer and chief operating officer
of Perfect Moment.
Vittorio Giacomelli, former vice president of product and
sourcing at Canada Goose, will be responsible for overseeing
product strategy, product development, and innovation. He has
decades of expertise in design, product development, and
sourcing.
Co-founder and chief creative officer, Jane Gottschalk, has been
appointed president.
These key management changes mark a transformative moment for
Perfect Moment as it builds on its unique position in the luxury
outerwear market, particularly in how it blends bold, contemporary
designs with high-performance functionality.
Known for its sport-meets-lifestyle ethos, the brand resonates
strongly with a younger, dynamic demographic seeking outerwear that
combines individuality with innovation.
Chath Weerasinghe: Bringing Proven Expertise from Canada
Goose
Weerasinghe brings to Perfect Moment more than 20 years of
experience in finance, operations, and leadership within the
luxury, retail and consumer goods sectors.
During his tenure as regional director and vice president of
finance and operations for Canada Goose EMEA, Weerasinghe oversaw
all aspects of the business. He achieved extraordinary results,
including rapid expansion of DTC and B2B operations as well as the
implementation of efficiency-driving initiatives.
His expertise in scaling businesses, optimising margins, and
executing operational strategies will be pivotal in driving Perfect
Moment’s global expansion and profitability.
“I’m honoured to join Perfect Moment at such a pivotal time in
its growth and development,” stated Weerasinghe. “The brand’s
unique combination of technical innovation and vibrant design sets
it apart in the luxury market.
“I look forward to focusing on execution—improving operations,
enhancing profitability, and building the infrastructure needed to
support our growth as a leading global brand.”
Vittorio Giacomelli: Elevating Production and Margin
Discipline
Giacomelli has more than 30 years of experience in design,
product development and sourcing, with a specialisation in
sportswear and luxury fashion.
As vice president of product development and sourcing at Canada
Goose, he led a team of over 27 people and contributed to the
brand’s growth and expansion through icon product development and
establishing an unprecedented European sourcing network. His career
includes leadership roles at other major brands, such as Moncler,
The North Face, Napapijri, and Nike.
“I’m excited to bring my expertise to Perfect Moment and help
the company achieve improved quality, greater efficiency and margin
improvement,” said Giacomelli. “I look forward to contributing to
the brand’s ongoing success by driving innovative solutions in
design and production while helping to build a foundation for
sustainable growth.”
Jane Gottschalk: Leading Vision and Creativity
As co-founder, chief creative officer and now president, Jane
Gottschalk, will continue to oversee the company’s creative
direction as well as marketing, commercial and brand strategy.
Gottschalk’s creative leadership has been central to Perfect
Moment’s rise as a distinctive luxury brand that celebrates
individuality, adventure, and bold aesthetics. In this new role,
she will continue shaping the brand’s vision and development while
working closely with Weerasinghe and Giacomelli to align strategy
with execution.
“Perfect Moment is about inspiring boldness, adventure and
individuality,” noted Gottschalk. “I plan to focus on expanding our
creative vision and deepening our connection with our customers
worldwide.
“Bringing together Chath’s operational expertise and Vittorio’s
production experience with our chairman, Max Gottschalk’s strategic
leadership, we can accelerate our brand to new heights.”
Max Gottschalk, Commented:
“These leadership changes reflect our commitment to building a
world-class team that matches the potential of the Perfect Moment
brand,” stated Chairman Gottschalk. “Chath’s operational expertise,
Vittorio’s extensive experience in production, and Jane’s creative
leadership provides us a powerful foundation to drive growth and
establish Perfect Moment as a leader in the luxury outerwear
market.”
Looking Ahead
With its new leadership team, Perfect Moment is well-positioned
to capture opportunities in the expanding luxury outerwear
category. By combining bold creativity with operational excellence,
the company aims to enhance its global presence, deliver
exceptional products, and create lasting value for its customers
and shareholders.
Perfect Moment thanks its outgoing CEO and CFO for their
contributions and wishes them success in their future
endeavours.
About Perfect Moment
Founded in 1984 in the mountains of Chamonix, Perfect Moment is
a high-performance, luxury skiwear and lifestyle brand that fuses
technical excellence with fashion-led designs, resulting in pieces
that transition effortlessly from the slopes to the city, the beach
and back again.
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 Gottschalk’s
creative direction, Perfect Moment was injected with a new style
focus, one that reignited the spirit of the heritage brand. Driven
by a commitment to improving fit, performance and the use of
best-in-class, functional materials, the designs evolved into the
distinct statement pieces synonymous with how the brand is known
today.
Perfect Moment products are available globally, online and via
key retailers, including at 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 Julie Robinson, Brand Director Perfect
Moment Tel +44 7595178702 Email contact
Investor Contact Ronald Both or Grant Stude CMA Investor
& Media Relations Tel (949) 432-7566 Email contact
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