Italy’s iconic luxury brand, Moncler, is basking in nine months of prosperity with an impressive 18% surge in sales. The period from January to September saw a staggering 23% spike in sales, predominantly fueled by remarkable growth in the Asian market.
CEO Remo Ruffini is buoyant about the ongoing quarter, citing “very positive signs in all our markets.” This optimism follows a robust 15% sales uptick in the third quarter, a time that is usually slower for the brand. Moncler’s reputation for premium down jackets priced over 1,000 euros has sustained its success even through traditionally quieter months.
Total sales for the nine months ending in September amounted to 872.7 million euros, surpassing Refinitiv SmartEstimate projections of 868 million euros. Moncler’s consistent success and upward sales trajectory solidify its stature as a force to be reckoned with in the luxury fashion realm.
With a continual focus on global expansion and maintaining robust sales growth, Moncler’s future prospects appear bright. Armed with a solid luxury outerwear foundation and unwavering commitment to excellence, Moncler seems poised to maintain its dominance in the fashion industry.
For more information on Moncler’s latest sales figures and luxury offerings, visit Moncler’s Official Website and Reuters’ coverage.
