Moncler on course for another record year - sportstextiles: Lea SportsTextiles

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Moncler on course for another record year

28/07/2017
Ski brand Moncler has reported consolidated revenue of €407.6 million in the first half of 2017, a 17% increase compared to the same period of last year.

In 2016, Moncler broke through the €1 billion sales barrier for the first time and appears to be on course to better its revenue this year.

Moncler’s chairman and CEO, Remo Ruffini, said the second quarter of 2017 was the fourteenth consecutive quarter of double-digit growth. He revealed that group revenue was up 20% during the quarter off the back of “positive contributions from all regions and channels”. 

During the first half of the year, the brand’s revenue from Italy, its domestic market, rose 7%. Its international performance was also strong, with growth of 24% in the Europe, Middle East and Asia (EMEA) region; a 17% increase in revenue from Asia & the rest of the world; and a 16% jump in sales in the Americas. 

Retail sales increased 21% year-on-year while revenue from the wholesale channel was 8% higher. 

Related stories:

Physical retail remains important for Moncler 20/11/2018
Asia has led Moncler’s growth so far in 2018 31/10/2018
Moncler opens first store in Norway 30/08/2018
Moncler to increase investment in e-commerce 18/04/2018
Moncler to push online sales after record year 01/03/2018
Moncler seeks to attract younger consumers 15/02/2018
Change of direction for Moncler 16/11/2017
Moncler opens first store in Kazakhstan 06/10/2017
Moncler makes strong start to 2017 08/05/2017
Moncler breaks through €1 billion sales barrier 02/03/2017
Moncler revenue rises 17% in 2016 28/07/2016
Moncler sales rise in Q1 12/05/2016
Moncler puts faith in Romania for manufacturing 30/03/2016

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