Revenue was up 6% at the luxury apparel brand for Q1, tallying €880,584,000 ($1,030.3 mm) over €829,021,000, with sales of both Moncler and Stone Island rising. Moncler brand sales increased 6% (+12% CC) to €766.5 million, with DTC up 7% to €674.5 million, led by brick-and-mortar, driven by traffic gains. Online remained challenged but posted sequential improvements. Wholesale ticked up 1% to €92.1 million as strong re-orders for spring/summer offset the impact from an ongoing channel reset.

By region, Asia topped results with 14% growth (+22% CC) to €433.0 million, driven by ... Log in to view full article.