Perfect Moment Ltd. - PMNT STOCK NEWS

Perfect Moment (NYSE American: PMNT) has partnered with Johnnie Walker in a multi-million dollar global co-marketing campaign. The collaboration features a new Johnnie Walker Blue Label Ice Chalet Scotch Whisky alongside Perfect Moment's exclusive Ice Chalet capsule skiwear collection. The campaign launched in mid-October with major events in New York City and London, featuring global film and fashion icon Priyanka Chopra Jonas.

The partnership includes a specially designed Johnnie Walker bottle with Perfect Moment's star logo and houndstooth pattern, accompanied by a transformable bottle bag. The campaign has gained significant media coverage in major publications and includes installations at prestigious locations like Selfridges London and Saks Fifth Avenue. Perfect Moment's products target the luxury ski apparel market, valued at $1.5 billion in 2024, with projected 6.5% CAGR through 2031.

Perfect Moment (NYSE American: PMNT) has opened its first European seasonal store at Kitzbühel ski resort in the Austrian Alps. Located at Dorfstraße 15, the store features select items from the company's Autumn/Winter 2024 collection, including bestsellers like the Aurora Ski Pant and Polar Flare Jacket.

The store's design combines metallic surfaces with soft textures and the brand's signature red accents. This opening follows the company's October launch in New York's SoHo district and aligns with Perfect Moment's strategy to target the global luxury ski apparel market, projected to reach $1.5 billion in 2024 with a 6.5% CAGR through 2031. The luxury outerwear market is expected to reach $15.9 billion in 2024, growing at a 7% CAGR from 2024 to 2031.

Perfect Moment (NYSE American: PMNT) has partnered with United Repair Centre to launch 'Perfect for Longer,' a new bespoke repair service for customers across UK and Europe. The service offers replacement zips, poppers, discreet patching, and clean & refresh service for down items, with repairs completed within seven days. This initiative builds upon Perfect Moment's recent introduction of rental and resale options, demonstrating the company's commitment to sustainability. The service is available to customers who purchased directly through Perfect Moment's website or authorized stockists, with a free trial offered for the fall and winter 2024 season.

Perfect Moment (NYSE American: PMNT) has partnered with luxury fashion sales agency CD Network to expand its wholesale distribution in North America. The partnership aims to increase brand visibility and drive sales of Perfect Moment's Fall/Winter 2025 collection through CD Network's New York City showroom in Hudson Yards. The collaboration focuses on expanding presence in luxury retailers and exclusive boutiques while complementing e-commerce channels. The company targets the luxury ski apparel market, expected to reach $1.5 billion in 2024 with a 6.5% CAGR through 2031, and the luxury outerwear market, projected at $15.9 billion in 2024 with a 7% CAGR through 2031.

Perfect Moment (NYSE American: PMNT), a luxury skiwear and lifestyle brand, will present at the ROTH 13th Annual Deer Valley Event in Park City, Utah from December 11-14. Co-founders Max Gottschalk and Jane Gottschalk will meet with institutional analysts and investors to discuss the company's growth and recent initiatives.

The brand recently collaborated with Diageo to launch the -edition Johnnie Walker Blue Label Ice Chalet, featuring bottle and bag designs by Perfect Moment, alongside an Ice Chalet capsule skiwear collection. Following its February IPO and market expansion, the company opened its first seasonal store in New York's SoHo district in October.

Perfect Moment (NYSE American: PMNT) reported fiscal Q2 2025 results with mixed performance. Total net revenue declined 35% to $3.8 million year-over-year, primarily due to the conclusion of a Hugo Boss collaboration. eCommerce gross revenue increased 27% to $1.7 million, while wholesale revenue decreased 4% to $2.7 million. The company's gross margin was 54.0%, down from 55.7% in the year-ago quarter. Notable operational developments include opening their first seasonal retail location in New York's SoHo district and establishing a U.S. fulfillment center. The company reported a net loss of $2.7 million or $(0.17) per share.

Perfect Moment (NYSE American: PMNT) has appointed Rosela Mitropoulos as head of business development to lead the company's global sales strategy across wholesale, online marketplaces, and retail stores. Mitropoulos brings over 15 years of fashion industry experience, notably driving 3x growth at ERDEM. She previously held senior roles at Nicholas Kirkwood, Anya Hindmarch, and Vionnet. The appointment aligns with Perfect Moment's expansion strategy, including its recent collaboration with Johnnie Walker Blue Label and the opening of its first seasonal store in New York's SoHo neighborhood.

Perfect Moment (NYSE American: PMNT), a luxury skiwear brand, will present at two major investor conferences in October 2024: the LD Micro Main Event XVII in Los Angeles and the ThinkEquity Conference in New York. The company will showcase its recent collaboration with Diageo on the -edition Johnnie Walker Blue Label Ice Chalet, featuring a unique bottle design and convertible bag. Perfect Moment is also launching an Ice Chalet capsule skiwear collection and opening its first seasonal store in New York's SoHo neighborhood by October end. The company will host one-on-one meetings with investors and analysts at both conferences, discussing its market expansion through high-end retail and e-commerce channels.

Perfect Moment (NYSE American:PMNT) has opened its first U.S.-based warehouse and distribution center in Dallas, Texas, partnering with Quiet Platforms. The facility enables faster shipping options, including two-day and overnight delivery for North American customers, previously unavailable from their UK center. The company's U.S. sales reached nearly $10 million, representing over 40% of total net revenues last fiscal year. The new center will reduce import duties and shipping costs, while implementing Quiet Platforms' AI-powered Click2Door solution for enhanced logistics. This strategic move aligns with Perfect Moment's expansion plans, including their upcoming first physical store in New York's SoHo District.