PERFECT MOMENT LTD - PMNT STOCK NEWS

Perfect Moment (NYSE American: PMNT) announced that co-founder and chairman Max Gottschalk has purchased 51,000 shares of company stock in the open market on February 25, 2025. This acquisition increases his beneficial ownership with co-founder Jane Gottschalk to approximately 4.1 million shares, representing 24.3% of shares outstanding.

The luxury skiwear brand has been expanding beyond its core winter collection through:

• Introduction of year-round products across new categories
• Opening seasonal retail stores in New York and London
• Establishing new top-tier sales agencies globally
• Setting up a U.S. distribution center to lower costs and improve margins
• Appointing new senior leadership with luxury brand experience
• Launching a global co-marketing campaign with Diageo

Perfect Moment (NYSE American: PMNT) has launched a new collection of puffer tote bags and sunglasses, expanding its luxury lifestyle offerings beyond skiwear. The puffer bag collection, crafted in Italy, features padded designs available in various prints and colors, combining functionality with style. The company collaborated with Studio Unbranded's Venja Heimbeck Holt for the tote design.

The new eyewear collection introduces four unique silhouettes featuring sustainable Eastman Acetate Renew frames and polarized nylon UV-protected lenses. The expansion targets the global luxury sunglasses market, expected to reach $6.4 billion in 2024 with a 7.8% CAGR through 2033. The puffer bag collection addresses the luxury outerwear market, estimated at $17.9 billion in 2024 with a projected 6.7% CAGR from 2024 to 2032.

Perfect Moment (NYSE American: PMNT) reported fiscal Q3 2025 results with total net revenue of $11.7 million, down 8% year-over-year but up 204% sequentially. The decline was primarily due to a $1.1 million decrease in collaboration revenue following the conclusion of the Hugo Boss partnership.

Key financial metrics include: eCommerce gross revenue increased 7% to $5.4 million, while net revenue declined 1%. Wholesale revenue decreased 6% to $7.3 million. Gross margin improved 273 basis points to 54.8%. The company reported a net loss of $2.5 million or $(0.15) per share.

Operational highlights include opening the first U.S. distribution center in Dallas, launching new retail stores in New York and Kitzbühel, and partnering with Johnnie Walker for a -edition collection. The company also expanded its resale program internationally and appointed new leadership to support future growth.

Perfect Moment (NYSE American: PMNT) announces significant leadership changes to drive growth in the luxury outerwear market. The company has appointed Chath Weerasinghe, former Canada Goose executive, as CFO and COO, bringing over 20 years of experience in finance and operations. Vittorio Giacomelli, former VP of product and sourcing at Canada Goose, joins to oversee product strategy and development. Co-founder Jane Gottschalk has been appointed president while maintaining her role as chief creative officer.

Weerasinghe's expertise includes successful expansion of DTC and B2B operations, while Giacomelli brings 30 years of experience in sportswear and luxury fashion. The restructuring aims to strengthen Perfect Moment's position in the luxury outerwear market, focusing on bold designs with high-performance functionality for a younger demographic.

Perfect Moment (NYSE American: PMNT) has announced partnerships with two leading luxury sales agencies to expand its European presence. The company has partnered with Bernd Schürmann for the DACH region (Germany, Austria, Switzerland) and New Look Fashion Deal for the Benelux countries.

These partnerships aim to boost wholesale distribution to luxury retailers and complement the company's direct-to-consumer e-commerce business. The agencies will showcase Perfect Moment's collections in showrooms across Antwerp, Munich, and Paris.

The expansion aligns with market opportunities in luxury ski apparel, valued at $1.7 billion last year with projected 6.2% CAGR through 2032. The luxury outerwear market is forecasted to grow at 6.7% CAGR, reaching $30.1 billion by 2032. The company recently established similar partnerships with CD Network (North America), TBrand (Southern Europe), and Maison DixSept (Japan).

Perfect Moment (NYSE American: PMNT) has announced strategic partnerships with global sales agencies to expand its luxury skiwear and lifestyle brand presence internationally. The company has partnered with TBrand (Riccardo Grassi Showroom) for Southern Europe distribution and Maison DixSept for Japan expansion.

The partnerships aim to strengthen wholesale distribution across key regions while complementing the company's direct-to-consumer e-commerce channels. Planning is underway for showroom openings in Milan, Tokyo, and Paris in early 2025. Perfect Moment is also developing a special collection for the Winter Olympics Milano-Cortina 2026.

The company operates in the global 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 to reach $15.9 billion in 2024 with a 7% CAGR through 2031.

Perfect Moment (NYSE American: PMNT) has received a notice of non-compliance from NYSE American due to insufficient stockholders' equity. The company reported stockholders' equity of $2.7 million, below the required $4.0 million minimum for companies with losses in three of four recent fiscal years. Perfect Moment has until January 10, 2025, to submit a compliance plan and must achieve compliance by June 11, 2026.

If the NYSE American accepts the plan, PMNT can maintain its listing during the compliance period with quarterly monitoring. The notice does not immediately affect stock listing or trading, nor does it impact business operations or SEC reporting requirements.

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.