Moncler: down on quarterly sales

(CercleFinance.com) - Moncler loses 4% in Milan, the day after the high-end winterwear manufacturer announced sales of ?818 million for the first quarter of 2024, up 13% (+16% at constant exchange rates).


The Moncler brand itself grew by 20% excluding currency effects, including a 26% increase for the direct-to-consumer distribution channel, with solid double-digit growth achieved in all geographical areas.

The still volatile macroeconomic environment and the dynamics of normalization in our sector require us to remain cautious and reactive in the light of these ongoing uncertainties", admits CEO Remo Ruffini.

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