Moncler S.p.A. reported revenues reached €201.0 million in the first quarter ended March 31, up 38 percent, or 30 percent in currency-neutral terms, compared with the year earlier quarter. The European maker of luxury ski and outerwear report sales grew in all its geographic markets.
In the Americas, sales grew 61 percent at currency-neutral terms and 85 percent growth at current exchange rates. The excellent results achieved in North America (United States and Canada) were driven by both the retail channel and the wholesale channel.
Revenues by Region
|
€ '000 |
% |
€ '000 |
% |
Reported |
currencies |
Italy |
34,885 |
17.4% |
32,595 |
22.4% |
+7% |
+7% |
EMEA (excl. Italy) |
64,575 |
32.1% |
53,281 |
36.6% |
+21% |
+19% |
Asia & Rest of the |
75,314 |
37.5% |
45,371 |
31.2% |
+66% |
+48% |
Americas |
26,241 |
13.0% |
14,166 |
9.8% |
+85% |
+61% |
Total Revenues |
201,015 |
100.0% |
145,413 |
100.0% |
+38% |
+30% |