First half net income at the luxury skiwear and apparel company was up 24% to €180,741,000 ($167.1 mm) over €145,351,000 on an 8% revenue gain to €1,230,163,000 ($1,137.0 mm) from €1,136,590,000. Moncler brand sales were up 11% to €1,041,277,000, with DTC gains of 16% to €875.7 million offsetting a wholesale decline of 7% to €165.5 million as restructuring in the latter segment continues. Gross margin was up 180 b.p. to 76.7%, while SG&A was 8% higher in Euros, leveraging 10 ... Log in to view full article.