Curated News
By: NewsRamp Editorial Staff
November 22, 2024

Perfect Moment Ltd. Targets Growth and Expansion in Ski Wear and Other Categories

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Source News Release

TLDR

  • Luxury skiwear brand Perfect Moment goes public, aiming to meet forecasted $2 billion market demand with advanced fabric technology.
  • Perfect Moment Ltd. offers luxury skiwear and lifestyle apparel, focusing on performance, style, and function, with plans for expansion.
  • Perfect Moment's expansion and partnerships bring luxury and accessible skiwear to more consumers, aiming to enhance fashion opportunities for skiers and surfers.
  • Perfect Moment collaborates with high-profile brands like Johnnie Walker and Hugo Boss, offering limited-edition designs and seasonal collections inspired by skiing and socializing.

Impact - Why it Matters

Skiing is more than a sport; for many it's a fashion opportunity both on the slopes and in the lodges. Perfect Moment has been capturing that for years and now as a newly publicly traded company, is in expansion mode, bringing its luxury and accessible brand to more consumers via its retail store in New York City and its partnerships with well-known brands.

Summary

The luxury skiwear market is set to surpass $2 billion by 2032, and Perfect Moment Ltd. (AMEX: PMNT) is positioned to meet that demand with its line of jackets, pants, suits and apparel. The heritage luxury brand, which recently went public on the New York Stock Exchange, has roots in performance ski wear but is expanding into new categories and markets to fuel its growth. It has also opened its first U.S.-based warehouse and distribution center in Dallas, Texas to optimize order fulfillment and distribution across North America, contributing to an overall margin improvement for fiscal year 2025. The company recently launched a seasonal store in New York City’s SoHo district to showcase its Autumn/Winter 2024 collection.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Perfect Moment Ltd. Targets Growth and Expansion in Ski Wear and Other Categories

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