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China feathers Moncler’s revenue

Moncler reported a 13% YoY increase in first-quarter sales to $905.96 million (€818 million), with core brand Moncler’s revenue rising 20% to $780.55 million (€705 million). Strong growth in the Asian market, driven by China, contributed to a 26% increase in revenue to $398.88 million (€360 million), while revenue in the EMEA and Americas markets grew by 15% and 14%, respectively. Moncler expanded its directly operated stores by 17 to 275, while reducing wholesale stores by 5 to 56.

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