
Asia Demand · Earnings · Luxury Fashion · Moncler
Moncler Group reported a slight 1 percent revenue increase to 3.13 billion euros for the 2025 financial year, driven by its Moncler and Stone Island brands, despite challenging market conditions, while net profit declined by 2 percent to 626.7 million euros.
The group's revenue growth reached 3 percent at constant exchange rates, significantly accelerating to 7 percent in the fourth quarter. The core Moncler brand saw 1 percent revenue growth (3 percent at constant exchange rates) to 2.72 billion euros, with strong demand in Asia (+3 percent, +7 percent at constant exchange rates) and the Americas (+3 percent, +5 percent at constant exchange rates), offsetting a 4 percent decline in the EMEA region.
Stone Island increased its revenue by 2 percent (4 percent at constant exchange rates) to 411.2 million euros, benefiting significantly from 11 percent growth in Asia (16 percent at constant exchange rates). Despite a constant gross margin of 78.1 percent, earnings before interest and taxes (EBIT) decreased by 0.3 percent to 913.4 million euros, largely due to higher distribution costs, which directly led to the net profit decline.