Sales at Moncler, the French outerwear brand that had a highly successful IPO last December, grew 24 percent in current-neutral (C-N) terms in 2013 compared with a year earlier, according to preliminary figures released by its board of directors Tuesday.
The company reported revenues reached €580.6 million ($771 mm) in the financial year ended Dec. 31, 2013, compared to €489.2 million in the comparable period of 2012.
Moncler saw double-digit sales increases in all its international markets, but said sales were particularly strong in the Americas, where they increased 44 percent C-N. The growth was driven by the strong performance of Moncler’s direct-to-consumer segment and by the good performance of the wholesale channel both in the United States and Canada.
Revenues by Geographic Areas
31/12/2013 31/12/2012 YoY growth Million euros % on total Million euros % on total Reported Constant
currencies
Italy |
131,0 |
23% |
128,1 |
26% |
+2% |
+2% |
EMEA (excl. Italy) |
200,4 |
34% |
157,4 |
32% |
+27% |
+28% |
Asia and RoW |
181,6 |
31% |
155,0 |
32% |
+17% |
+34% |
Americas |
67,6 |
12% |
48,7 |
10% |
+39% |
+44% |
Total Revenues |
580,6 |
100% |