Net income grew 47% at the luxury outerwear maker to €61,628,000 ($73.5 mm) from €41,835,000 in the first half on 21% higher revenues of €493,544,000 ($588.3 mm) against €407,643,000, up 27% constant currency. The gains were driven by a 33% CC increase in retail segment sales to €376.9 million including a 27% jump in combined comp store and e-commerce sales and contribution from eight new stores that opened during the period. Wholesale revenues gained 12% to €116.7 million. MONC’s amazing gross margin inched 40 basis points higher to 76.0% boosted by the higher proportion of direct sales, and a 160 ... Log in to view full article.