Perfect Moment Ltd. (NYSE American: PMNT), the high-performance,
luxury skiwear and lifestyle brand that fuses technical excellence
with fashion-led designs, reported that its co-founder and
chairman, Max Gottschalk, has increased his ownership in the
company through a series of open market purchases.
The purchases were reported in a Form 4 filed with the U.S.
Security and Exchange Commission (SEC). According to the filing, on
February 25, 2025, the chairman acquired 51,000 shares of the
company’s common stock, bringing his beneficial ownership with
co-founder and president, Jane Gottschalk, to approximately 4.1
million shares or 24.3% of the shares outstanding.
“These recent personal purchases reflect my great confidence in
the future of Perfect Moment, its new leadership and phenomenal
growth potential,” stated Gottschalk. “I’m especially encouraged by
the company’s continued expansion from its strong base in luxury
performance skiwear into the broader, faster-growing global luxury
outerwear market.”
This expansion has included the recent introduction of new
year-round products across new categories designed to complement
the company’s current Fall/Winter lineup as well as its anticipated
Summer 2025 Collection. These products are expanding the brand's
appeal from the slope to the city and extending the selling period
to throughout the year.
The company has also made a series of strategic moves designed
to drive growth and expansion of its brand presence across global
markets. It opened seasonal retail stores in New York and London
and engaged several new top-tier sales agencies strategically
located around the world. The company’s new U.S. distribution
center has lowered delivery costs, expanded margins and improved
customer experience.
Most recently, the company appointed new senior leadership who
have driven growth for other major luxury brands. It also completed
the first phase of a multi-channel global co-marketing campaign in
collaboration with Diageo (NYSE:DEO), the $61 billion global leader
in beverage alcohol and producer of Johnnie Walker, the world’s #1
Scotch Whisky.
“These many positive developments further strengthen my belief
in our strategic direction and that we have the right team in place
to take the company to the next level,” added Gottschalk. “As such,
I plan to opportunistically make additional open market purchases
as conditions permit.”
Details of Perfect Moment stock purchases by management are
available in the company’s filings with the SEC at www.sec.gov.
About Max Gottschalk
Gottschalk is a strategic investor and global fund manager who
has traded, seeded and invested in multiple companies over the past
25 years. This includes extensive experience in venture capital and
private equity, where he has successfully backed, operated and
exited a number of ventures, including Faena Group, Everlane, Vita
Coco and Good Catch. He also helped lead Perfect Moment’s IPO on
the NYSE American Stock Exchange in April of last year.
Gottschalk is presently the founding partner at Ocean 14
Capital, a private equity fund with a mission of protecting our
oceans through strategic investment. He is also a co-founding
partner at Vedra Partners, a multi-family office based in London
and Switzerland.
In 1998, Gottschalk co-founded Gottex Fund Management, a global
asset manager which he brought public on the Swiss Stock Exchange
in 2007 at a market cap of US$2.2 billion. He currently serves as
its EMA CEO. He earlier headed sales for Bear Stearns’ fixed income
derivatives hedge fund based in New York.
He earned his business degree in finance, marketing and
international business from the University of Virginia, graduating
with honors. He returned to University of Virginia as a visiting
professor to teach a course on Impact Investing.
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 at major
retailers, including MyTheresa, Net-a-Porter, Harrods, Selfridges,
Saks, Bergdorf Goodman and Neiman Marcus.
Perfect Moments’ global luxury ski apparel market is expected to
reach $1.7 billion in 2024 and grow at a compound annual growth
rate (CAGR) of 6.2% through 2032, according to Business Research
Insights. Its expanding market for luxury outerwear is expected to
reach $17.9 billion in 2024 and grow at a 6.7% CAGR through 2032,
reports Business Research Insights.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250226896138/en/
Company Contact Julie Robinson, Brand Director Perfect
Moment Tel +44 7595178702 Email contact
Investor Contact Ronald Both or Grant Stude CMA Investor
Relations Tel (949) 432-7566 Email contact
Perfect Moment (AMEX:PMNT)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Perfect Moment (AMEX:PMNT)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025