Moncler reported sales rose 28 percent at constant-exchange in the first quarter ended March 31.

Among the highlights:

  • Consolidated revenues: €332.0 million, +20 percent compared to €276.2 million in the first quarter of 2017; +28 percent at constant exchange rates.
  • Retail revenues: €256.2 million, +26 percent compared to €203.9 million in the first quarter of 2017; +35 percent at constant exchange rates
  • Wholesale revenues: €75.8 million, +5 percent compared to €72.3 million in the first quarter of
    2017; +9 percent at constant exchange rates
  • International markets: revenues at €288.8 million, +22 percent compared to €237.0 million in the first quarter of 2017; +31 percent at constant exchange rates
  • Implementation of 2018-2020 Performance Shares Plan

Remo Ruffini, Moncler’s chairman and chief executive officer, commented, “The first quarter of 2018 marked another fundamental step forward in our group’s development. This has been due not only to the group’s results, which I believe were exceptional, with revenues increasing by 28 percent at constant exchange rates and double-digit growth in all geographical areas. But above all, it has been due to the Moncler Genius project presentation, which occurred on February 20–a creative hub, which has reimagined the Moncler’s soul by going beyond the season’s concept. The idea for this was born from a desire to seek innovative forms of expression, to constantly dialogue with the clients, and was fueled by a new digital approach. Each collection will be singularly dropped, starting from June 14 with Moncler Fragment Hiroshi Fujiwara, followed by all the others on a monthly basis.”

Moncler achieved double-digit revenue growth in all regions.

In Italy, revenues rose 10 percent, mainly driven by the retail channel.

In EMEA, Moncler’s revenues grew 18 percent at constant exchange rates, with solid growth in both distribution
channels and in all markets. France, the United Kingdom and Germany significantly contributed to the first
quarter results.

In Asia and Rest of the World, revenues increased 39% at constant exchange rates, with remarkable results in all
markets; in particular China’s mainland and Hong Kong largely outperformed the growth of the Region.

In the Americas, revenues grew 34 percent at constant exchange rates, fostered by important improvements in the United States and Canada and in both distribution channels, particularly in retail.