Moncler Group | Annual Report 2024 Glossary 498 |
AMERICAS
North and South America.
APAC
China, South-East Asia, Australia and New Zealand.
ASIA
APAC, Japan and Korea.
AUDIT
Systematic and documented assessment (by an independent
body) to verify compliance with the requirements of a given
law/standard of reference.
BIODIVERSITY
Biodiversity is all the dif ferent kinds of life in one area—the
variety of animals, plants, fungi, and even microorganisms like
bacteria that make up our natural world.
CAGR (COMPOUNDED ANNUAL GROWTH RATE)
Compounded Annual Growth Rate.
COMPARABLE STORE SALES GROWTH (CSSG)
Growth at comparable exchange rates of revenues generated
by directly managed stores DOS (excluding outlets) which have
been opened for at least 52 weeks and by the online store
(.com); stores that have been extended and/or relocated are
excluded from the calculation.
CONCESSION
Directly operated mono-brand retail store located on the premises
of a department store/shopping mall.
DEPARTMENT STORE
Large retail establishment with an extensive assortment in variety
and range of goods, organised into separate departments.
DIRECTTOCONSUMER DTC
Distribution channel that includes both revenues generated
by the physical stores directly managed DOS and by the direct
online channel
DIRECT EMISSIONS SCOPE 1
Air polluting emissions originating from combustion processes
involving equipment controlled or owned by the organization
DOS
Directly Operated Store including freestanding stores
concessions travel retail stores and factory outlets
DOORS
Wholesale stores, both multi-brand and mono-brand, where
the brands are present.
EBIT
Earnings Before Interest and taxes (Operating results).
EBITDA
Earnings before Interest, Taxes, Depreciation and Amortisation.
E-CONCESSION
Online sales generated through third-party digital platforms
and managed directly by the brand.
EMEA
Europe, United Kingdom, Middle East and Africa.
E-TAILER
Shop on digital platforms managed by third parties.
FAÇONISTA / FAÇON MANUFACTURERS
Third party supplier carrying out “cut-make-trim” phase
(façon) of the production cycle according to the so-called
industrialised method.
FLAGSHIP STORE
A mono-brand retail store which by its size and/or location
conveys the philosophy and image of the brand.
FREE STANDING STORE
A retail store that is located directly on a street,
i.e. not in a department store or shopping mall.
FULL TIME EQUIVALENT (FTE)
Average annual number of employees equivalent
to full-time workers.
IFRS 16
Accounting principle that requires companies to recognise in their
accounts the righttouse of leased assets and the related liability
corresponding to the obligation to make lease payments
Assets and liabilities arising from leases are measured on
a present value basis
INDIRECT EMISSIONS SCOPE 2
Emissions from the generation of purchased electricity whose
physical production occurs outside the company and which is
therefore purchased from outside suppliers
Glossary
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