Moncler's first-quarter revenue beats expectations as Asian demand holds up

Moncler's first-quarter revenue beats expectations as Asian demand holds up

MILAN : Italian luxury outerwear group Moncler on Wednesday reported a stronger than expected 1 per cent increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.Revenues for the three months to the end of March totalled 829 million euros ($944 million), ahead of

Moncler’s first-quarter sales surge, driven by resilient Asia market

Italian luxury outerwear company Moncler announced a better-than-expected 1 per cent rise in first-quarter revenue, primarily due to demand from Asia and direct-to-consumer sales. The company reported that its revenues for the three months ending in March were US $ 944 million, which was more than analysts had predicted. Currency fluctuations have no effect on […] The post Moncler’s first-quarter sales surge, driven by resilient Asia market appe…

Moncler beats Q1 revenue expectations on strong Asia sales, DTC push - Investing.com

Moncler, teh luxury Italian⁤ outerwear brand‌ renowned for‍ its distinctive blend of style and functionality, has ⁣reported impressive financial results for the first quarter of the year, surpassing revenue expectations. ‍The company attributed its⁣ robust performance‍ to strong sales growth in Asia and⁢ a⁣ strategic focus on direct-to-consumer‌ (DTC) ⁢channels. As global demand​ for luxury goods remains resilient, Moncler’s‍ ability to capitali…

Moncler sales rise 1% in Q1, beating expectations

Sales in the Americas fell in the quarter amid an unsteady luxury environment, as execs warned of ongoing concerns in the region.