Moncler Revenue Slides 1% to €1.841 Billion in First Nine Months

Moncler has reduced its turnover by 1% during the first nine months of its fiscal year, which closed with revenues of €1.84 billion, in line with the €1.86 billion it recorded in the same period last year. The Italian group specializing in outdoor fashion continues to be led by its Moncler proposition, while Stone Island accounts for a considerably smaller share of the group’s turnover.

Revenues in the third quarter also fell by 1%, dragged down by the global geopolitical context, as well as by more cautious consumers when it comes to spending, Moncler said in a statement on Wednesday. In the text, the company highlights the good performance of America and China, while pointing to a weak development in Emea and Japan.

The Moncler brand had a turnover of €1.55 billion in the first nine months of the year, compared to €1.57 billion in the same period last year, representing 84.4% of turnover. Stone Island, on the other hand, closed with €288.1 million, slightly below the €292.4 million it posted in the first nine months of last year. This represents 15.6% of the group’s revenues.

Moncler accounts for 84% of the group’s turnover, with €1.55 billion in sales

The weight of the markets has remained virtually unchanged from last year. As for the Moncler brand, €752.6 million was generated in Asia, 48.5% of total turnover (and 3% more than in the same period of 2024). In this region, China leads while Japan and South Korea have underperformed. It is followed by Europe, the Middle East and Africa (Emea), with €581 million, 37.4% of the total, a figure that corresponds to 4% less by comparison. Lastly, the Americas, with €219.62 million and 14.1% of the total, representing growth of 2%.

By channels, stores accounted for 80.8% of turnover, around €1.25 billion, while the wholesale channel accounted for 19.2%, slightly below the figure for the first three quarters of 2024, with a turnover of €297.75 million.

For Stone Island, the most important market was Emea, which accounted for 68.1% of turnover, €196.23 million, slightly less than in 2024. The second most important market is Asia, with 25.8% of revenues, and the third is America, which accounts for 6.1%. In this case, direct-to-consumer and wholesale have very similar weights in terms of revenue.