The Italian fashion group Moncler Group started the 2026 financial year with a solid increase in sales.
On Tuesday, the parent company of the Moncler and Stone Island brands announced that it achieved sales of 880.6 million euros in the first quarter. This corresponded to an increase of six percent compared to the same period last year. Adjusted for exchange rate changes, revenue grew by twelve percent.
Remo Ruffini, Executive Chairman of Moncler SpA, commented on the latest figures. “In a global environment characterized by conflict and instability, both Moncler and Stone Island have demonstrated strong energy and cultural relevance,” he said in a statement. “These results are no coincidence. They reflect a precise approach that highlights the uniqueness of our brands while allowing them to continually evolve in both product and experiences.”
Both corporate brands report growth
Sales of the core brand Moncler amounted to 766.5 million euros in the period from January to March, exceeding the level of the previous year’s quarter by six percent (+12 percent adjusted for currency effects). In the company’s own retail sector, revenues rose by seven percent (currency-adjusted +14 percent) to 674.5 million euros, despite the volatile market environment and a high comparison basis from the previous year. Sales in the wholesale business rose by one percent (currency-adjusted +3 percent) to 92.1 million euros thanks to strong demand for the current spring-summer collection, although the “optimization” of the sales network continued.
The brand owed the increase in sales to the momentum in Asia. Thanks to strong results in China and Korea, revenue there rose by 14 percent (currency-adjusted +22 percent) to 433.0 million euros. In the EMEA region, which includes Europe, the Middle East and Africa, however, they fell by two percent (-1 percent adjusted for currency effects) to 238.5 million euros due to the comparatively subdued development of tourism. In America, sales fell by two percent to 95.0 million euros. Adjusted for currency effects, however, it rose by seven percent.
After change in leadership: Moncler Group starts “new phase”
Stone Island’s quarterly sales rose by six percent (currency-adjusted +11 percent) to 114.1 million euros. In its own retail, the label’s revenues increased by ten percent (+17 percent adjusted for currency effects), not least due to above-average growth in America and Asia, and reached a level of 60.6 million euros. Wholesale sales rose by three percent (currency-adjusted +4 percent) to 53.5 million euros. The current collection was also very well received at Stone Island, the company explained.
Following the arrival of new CEO Bartolomeo Rongone, the group now wants to focus even more strategically on its two brands. “Now that a new phase of our journey begins and Leo Rongone is part of the group, our focus is very clear: we stay true to ourselves, always look forward and put the integrity of our brands at the heart of every decision,” emphasized Ruffini.
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