Total sales were down 3% to €615.6 million ($720.3 mm) in Q3 from €635.5 million, including 3% lower (-1% CC) Moncler brand sales of €514.2 million ($601.6 mm) and Stone Island slipping 2% (flat CC) to €101.4 million ($118.6 mm). Moncler channel results saw a slight sequential improvement, with direct-to-consumer down 3% to €372.3 million as outperformance from the Americas and China was offset by lower tourism in EMEA and Japan. Wholesale dipped 4% to €142.0 million, still feeling the effects of ongoing network optimization. Asia was off 5% on a ... Log in to view full article.