International sales grow 35% as Moncler continues to shine
High-end skiwear brand Moncler has continued its positive run of results after listing on the Milan stock exchange in December 2013 in what was the most successful luxury group flotation in four years.
It sales grew by double digits in all its international markets, including by 35% in the Americas and Asia.
Revenues for the first nine months of the year grew 16% to €449.3 million while income grew 16% to €70.5 million.
CEO Remo Ruffini said: “Despite an uncertain macroeconomic and geopolitical scenario, we have delivered 18% growth in revenues at constant exchange rates and a 19% increase in earnings.
The international expansion of our network continues and at the end of September we had 163 mono-brand stores, including 127 retail stores.”
