Ïã½¶ÊÓÆµ Announces Acquisition of Exclusive Import/Distribution Rights
May 18, 2017
Ïã½¶ÊÓÆµ (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter ¡°Ïã½¶ÊÓÆµ¡±) announced today that it will sign an agreement with MooRER S.p.A to secure the exclusive import/distribution rights for the outerwear brand MooRER in the Japanese market. The brand¡¯s release will occur in the 2018 spring/summer season through CORONET CORPORATION (headquartered in Chiyoda-ku, Tokyo; Shigeaki Chiba, President; hereinafter ¡°Coronet¡±).
MooRER is a luxury outerwear brand that was established in Verona, Italy, in 1999 by Mr. Moreno Faccincani when he took over his family business of manufacturing down jackets. As the brand¡¯s flagship item, MooRER¡¯s down jackets use white goose down, which boasts the highest levels of padding, producing a light weight while offering excellent thermal insulation. All the products are made in Italy, and with uncompromising attention to all aspects of the sewing and custom-made articles even for details such as buttons and zippers, the brand produces high-quality products that combine design aesthetics, functionality and practicality by paying attention to the fine details. In November 2016, a flagship store was opened on Via della Spiga in Milan, Italy as the hub for disseminating the brand¡¯s image as it strives to expand worldwide recognition.
In the Japanese market, the brand will target fashion-forward men in their 30s to 50s, and it will mainly sell items in department stores, specialty stores and boutiques throughout Japan. There are also plans to open the brand¡¯s first flagship store in Japan, with a view to increasing brand awareness in Asia. Moving forward, by strongly showcasing the MooRER brand vision and expanding brand awareness while utilizing Coronet¡¯s experience and expertise, brand aims to achieve combined retail sales of 2 billion yen in five years¡¯ time.
Retail sales price ranges for main items
Blouson | 100,000 to 200,000 yen |
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Topcoat | 100,000 to 250,000 yen |
Down vest | 100,000 to 150,000 yen |
Down coat | 150,000 to 300,000 yen |
Leather jacket | 200,000 to 400,000 yen |
Outline of CORONET CORPORATION
Company name | CORONET CORPORATION |
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Representative | Shigeaki Chiba |
Head office | 2-8-4, Kudanminami, Chiyoda-ku, Tokyo |
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2017 Autumn/Winter Collection
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Flagship store on Via della Spiga in Milan, Italy
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