Moncler hails business ‘milestone’ as sales boom
Luxury fashion retailer Moncler Group has called its first-half performance a “significant milestone” as revenues across the business boomed and exceeded €1bn (£857.7m) for the first time.
Moncler Group posted revenue of €1.14bn (£968.8m) for the six months to June 30, 2023, up 24% year on year from €918.4m (£787.5m).
The group posted a 29% increase in revenue to €935m (£801.7m) for its Moncler brand during the period, while revenue at Stone Island, which was acquired by the Moncler Group in March 2021, reached €201.6m (£172.9m).
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