Business · Companies · 10 hrs ago

Moncler group revenue rises 6% in first nine months

Moncler group revenue rises 6% in first nine months

Moncler reported €1.895 billion in group revenue for the first nine months, up 6% when exchange-rate changes are excluded and 3% at current rates.

The group includes the Moncler and Stone Island brands.

The Moncler brand brought in €1.589 billion, up 6% at constant exchange rates, but its third-quarter revenue fell 1% on that basis.

Its direct-to-consumer sales weakened amid a difficult business climate and subdued tourist flows, particularly in Europe, the Middle East and Africa.

Stone Island revenue rose 8% to €306.2 million over the nine months, with third-quarter revenue up 5% at constant exchange rates.

Its direct-to-consumer sales still grew in the quarter, despite weaker store traffic and fewer promotions in the same region.

Asia and the Americas continued to grow at double-digit rates, while no further company plans are given.

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MonclerCompany
nei nove mesi ha registrato ricavi consolidati di gruppo pari a 1.895,4 milioni, in crescita del 6% a cambi costanti e del 3% a cambi correnti.
via ANSA