Revenues on the Moncler model elevated 8% yr on yr to €2.7m (£2.2m) throughout the 12-month interval, pushed by the “acceleration of the direct-to-consumer channel”, which grew 12%. The corporate mentioned “progress improved in all areas in contrast with the earlier quarter”.
EMEA (Europe, the Center East and Africa) gross sales grew 35% to €949.3m (£790.4m), led by robust demand from vacationers and locals.
Stone Island revenues declined 1% to €401.6m (£334.4m), with EMEA gross sales down 7% to €268.9m (£223.9m). Revenues in Asia rose 23% to €105.2m (£87.6m), pushed by an ongoing robust efficiency in Japan and enhancing developments within the Chinese language market, though Korea continued to indicate softer developments in contrast with the remainder of the area.
Group EBIT stood at €916.3m (£763m) for 2024 – up 29.5% in contrast with the earlier yr.
Remo Ruffini, chairman and chief govt officer of Moncler, mentioned: “In 2024 our group achieved exceptional outcomes and confirmed robust resilience in a posh and unstable setting. Each Moncler and Stone Island delivered double-digit progress within the DTC [direct to consumer] channel, driving group revenues to greater than €3.1bn, whereas sustaining a resilient 29.5% EBIT margin, underscoring the power of our enterprise mannequin and operational self-discipline.
“As we transfer into 2025, whereas the worldwide macroeconomic context stays unsure, we’re assured in our capability to navigate evolving market dynamics. Impressed by our heritage, our ardour for innovation, and our ambition to push boundaries past conventions, we’re shaping the way forward for our manufacturers to drive sustainable progress and create long-term worth.”
