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Article Date: May 2022
Word Count: 283

Moncler Sales Soar, Helped by Stone Island


Revenues saw a 61% boost to €589,861,000 ($661.6 mm) from €365,459,000 for the first quarter, rising 60% in constant currency. Sales for the Moncler brand gained 30% (29%) to €473,383,000 on double-digit gains in all markets. Americas sales were up 38% (+36% CC) to €73.5 million ($82.5 mm) on strength in all markets and channel, led by DTC e-commerce. Asia sales were up 17% (15% CC) to €232.5 million despite Chinese lockdowns shuttering 10 DTC retail stores. Sales also got a boost from Korea, which continues to outperform the region. DTC strength in Germany, the UK and Spain helped push ... Log in to view full article.

 


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