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clubmonaco.com

Founded Year

1985

Stage

Acq - Fin | Alive

About Club Monaco

Club Monaco is an international clothing retailer and brand selling women's and men's clothing and accessories.

Club Monaco Headquarters Location

100 Metro Boulevard, 7th Floor

Nutley, New Jersey, 07110,

United States

1-888-733-6410

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Latest Club Monaco News

Ralph Lauren to Open 250 Stores Over the Next Three Years

Sep 22, 2022

Ralph Lauren to Open 250 Stores Over the Next Three Years September 22, 2022 at 5:08 PM EDT By Dorothy Crouch Photo courtesy of Ralph Lauren At its Sept. 19 investor day, Ralph Lauren revealed that its growth plans through 2025, which will include opening 250 stores globally. As part of its strategy to become the leader of the luxury lifestyle category, the brand’s three-year outlook will rely on a digital-first strategy that is aligned with scaling across the top 30 global cities. While 63% of the company’s business is derived through direct-to-consumer channels and 26% is credited to digital commerce, Ralph Lauren has “reduced brand dilution distribution” since 2018, according to Patrice Louvet, President and CEO of the company. The brand has exited two-thirds of its department store presence in the U.S. and reduced off-price exposure by 26%, but it has also opened 450 new global standalone stores and concessions. “One of the most important transformations we have undertaken over the past four years is taking direct ownership of the consumer experience, offering an elevated Ralph Lauren experience wherever consumers meet our brand,” said Louvet during the investor day. “Our ecosystem model fully integrates the physical and the digital has a significant opportunity to scale across all three of our key regions: North America, Europe and Asia.” To clarify its presence in high-end luxury, Ralph Lauren sold its low-end luxury brand Club Monaco to private equity firm Regent LP in May 2021. Advertisement “Since our last investor day in 2018, we have transformed our business — building a strong foundation with multiple engines of growth that are already showing momentum,” said Louvet. “Our clear and choiceful strategies are expected to deliver sustainable long-term growth and value creation — fueled by our strong balance sheet and operating discipline — as we reinforce our position as a leading luxury lifestyle company.”

Aug 12, 2022
Fab 5: Dîner time

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  • When was Club Monaco founded?

    Club Monaco was founded in 1985.

  • Where is Club Monaco's headquarters?

    Club Monaco's headquarters is located at 100 Metro Boulevard, 7th Floor, Nutley.

  • What is Club Monaco's latest funding round?

    Club Monaco's latest funding round is Acq - Fin.

  • Who are the investors of Club Monaco?

    Investors of Club Monaco include Regent and Ralph Lauren Corporation.

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