Total sales were down 5% to €635,547,000 from €669,745,000 for the third quarter on 5% reported declines at both Moncler (-3% CC) and Stone Island (-4% CC) to €532,035,000 and €103,562,000, respectively, as macro pressures hit consumer spending in several markets. The Moncler brand saw DTC fall 3% (flat CC) to €395.3 million, while wholesale dropped 11% (-9%) to €147.7 million in its seasonally largest quarter, as the ongoing channel reset to improve the partner roster quality met challenging market trends. By region, Asia was down 4% (-2% CC) to €237.8 ... Log in to view full article.