Moncler S.p.A. (Group) has reported that consolidated revenues for the first half of 2024 ended 30th June, increased 11 per cent year-over-year in constant-currency terms to € 1.23 billion. In reported euro terms, sales rose 8 per cent for the H1 period versus the year-ago 2023 H1 period.
Among these figures are the € 1.04 billion in brand revenues for Moncler and the € 188.9 million in brand revenues for Stone Island. Group revenues for the second quarter of 2023 were € 412.2 million, a 3 per cent increase CC over the same time in 2023. In Q2, the labels Stone Island and Moncler reported sales of € 75.9 million and € 336.3 million, respectively.
In constant-currency (CC) terms, Moncler brand revenues increased by 15 per cent to € 1.04 billion in the first half of 2023 from the same period in 2023.
Revenues for the Moncler brand reached € 336.3 million in the second quarter, representing a 5 per cent CC YoY gain. The company claimed that despite a very high comparable base and strong growth in the direct-to-consumer (DTC) channel, which “all regions contributed positively,” the gain was nevertheless achieved.
Revenues from the wholesale channel came in at € 165.5 million in the first half of 2024, a 5 per cent decrease from the same period in 2023. In the second quarter, this channel’s sales fell by 5 per cent CC year over year, mostly as a result of continuous efforts to improve the distribution network’s quality.
The network of Moncler mono-brand boutiques consisted of 277 directly operated shops (DOS) as of 30th June 2024. In the first half, the Moncler brand also ran 56 wholesale shop-in-shops (SiS).
