Flat H1 results for Moncler

24/07/2025

High-end sports apparel group Moncler has reported revenues of just over €1.2 billion for the first half of 2025, flat compared to the same period a year earlier.

The Moncler brand contributed just over €1 billion to the total, in line with the figure for the first six months of 2024. The group’s other brand, Stone Island, had revenues of just under €187 million, a fall of 1% year on year.

There was growth in Asia of 2% year on year for the Moncler brand, but a fall of 4% in Europe. Its revenues in the Americas were flat.

For Stone Island, growth in Asia reached 12%, but this was offset by a fall of 4% in Europe and a substantial decline, of 17%, in the Americas.

Chief executive, Remo Ruffini, said the group’s first-half results were a reminder of “how unpredictable and complex the world can be”. In response to this, he said it was important for companies to remain “vigilant and agile” while continuing to nurture their brands.

He said the group was intent on continuing to strengthen its brands “through distinctive creativity”.