Clothing group Moncler has reported revenues of just over €1.1 billion for the first half of 2023, up by 24% compared to the same period last year.

Its Alpine-inspired Moncler brand contributed €935 million towards the total, a rise of 29%, with the group’s other brand, Stone Island, achieving revenues of just over €200 million for the six-month period, up by 5% year on year.

Chief executive, Remo Ruffini, said he was proud that the group had achieved revenues in excess of €1 billion for the first time ever in the first half of the year.

He said: “While remaining mindful of a still uncertain and complex environment, we will continue to invest in our organisation and in our people to enable our brands to express their full potential.”

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