{"id":213254,"date":"2022-07-28T10:00:38","date_gmt":"2022-07-28T09:00:38","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=213254"},"modified":"2022-07-28T17:47:16","modified_gmt":"2022-07-28T16:47:16","slug":"moncler-group-revenues-soar-in-h1-results","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/moncler-group-revenues-soar-in-h1-results\/","title":{"rendered":"Moncler Group revenues soar in H1 results"},"content":{"rendered":"<p><strong>Moncler Group has released its financial results for the first half of 2022, revealing a 46% increase in revenue to \u00a3769 million (\u20ac918.4 million).<\/strong><!--more--><\/p>\n<p>For H1 2022, Moncler Group shared the following results:<\/p>\n<ul>\n<li><strong>Moncler revenue rose 27%<\/strong> to \u00a3606 million (<strong>\u20ac<\/strong>724.3 million).<\/li>\n<li>Moncler revenue in EMEA increased 42% to \u00a3221 million (<strong>\u20ac<\/strong>264 million).<\/li>\n<li><strong>Stone Island revenue rose 33%<\/strong> to \u00a3162 million (<strong>\u20ac<\/strong>194.1 million).<\/li>\n<li>Stone Island revenue in EMEA increased 23% to \u00a3115 million (<strong>\u20ac<\/strong>138 million).<\/li>\n<li><strong>EBIT of \u00a3150 million <\/strong>(\u20ac180.2 million), with a margin on revenues of 19.6%.<\/li>\n<li><strong>Gross margin of \u00a3567 million (<\/strong>\u20ac677.7 million).<\/li>\n<\/ul>\n<p><strong><span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.theindustry.fashion\/the_directory\/moncler\/\" target=\"_blank\" rel=\"noopener\">Moncler<\/a><\/span> brand revenue for DTC was up 31% to \u00a3464 million (\u20ac555 million)<\/strong>, compared to \u00a3349 million (<strong>\u20ac<\/strong>418 million) in H1 2021. The brand's wholesale revenue increased by 13% to \u00a3140 million (<strong>\u20ac<\/strong>168 million), driven by \"strong appreciation\" of its SS22 collections.<\/p>\n<p><strong><a href=\"https:\/\/www.theindustry.fashion\/the_directory\/stone-island\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff0000;\">Stone Island<\/span><\/a> brand revenue for DTC was up 112% to \u00a351 million (\u20ac61 million)<\/strong>. The brand's wholesale revenue increased by 13% to \u00a3110 million (<strong>\u20ac<\/strong>132 million), compared to \u00a396 million (<strong>\u20ac<\/strong>115 million) in H1 2021.<\/p>\n<p>Despite continuing geopolitical, economic and health uncertainty, Moncler Group said it believes it has a portfolio of unique brands and clear and effective development strategies to continue to grow in 2022.<\/p>\n<p>Remo Ruffini, Chairman and CEO of Moncler Group, said: \"Even though the first half of the year was marked by strong macroeconomic and geopolitical instability, we have exceeded our expectations.<\/p>\n<p>While the overall context remains uncertain and volatile, we head into our most important part of the year with confidence, underpinned by our strategy and the operational flexibility that has always made us stand out, together with a financial solidity and a clear vision oriented towards the continuous strengthening of the brands.\"<\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":100,"featured_media":184419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10488,10585,6],"tags":[9866,11222,22130,10088,35,15852,11737],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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