Italian luxury fashion brand Moncler Group has reported strong first-quarter (Q1) 2026 performance, with the growth driven by double-digit gains across both Moncler and Stone Island, underlining resilient demand amid a volatile global backdrop.
The group recorded consolidated revenues of €880.6 million (~$1.04 billion), up 12 per cent at constant exchange rates and 6 per cent at current rates compared to €829 million in Q1 2025.
“Our continued collaboration with our communities around the world goes beyond strong revenue performance,” said Remo Ruffini, executive chairman of Moncler.
He added that in a global context shaped by conflicts and instability, both Moncler and Stone Island have shown strong energy and cultural relevance. “This does not happen by chance. It reflects a clear mindset: valuing what makes each brand unique, while constantly evolving and pushing boundaries across products and experiences,” said Ruffini.
Moncler sales post double-digit growth, led by strong DTC growth
Moncler brand revenues reached €766.5 million (~$904.47 million), increasing 12 per cent at constant exchange rates. The direct-to-consumer (DTC) channel led growth with a 14 per cent rise, while wholesale grew 3 per cent despite ongoing network rationalization, the group said in a press release.
Regionally, Asia recorded robust growth of 22 per cent, supported by strong trends in China and Korea. The Americas grew 7 per cent, while Europe, Middle East and Africa (EMEA) declined by 1 per cent due to subdued tourism and weaker online performance.
Stone Island posted revenues of €114.1 million (~$134.64 million), up 11 per cent at constant exchange rates. Its DTC channel rose 17 per cent, driven by positive organic growth across all regions, particularly Asia and the Americas. Wholesale revenues increased 4 per cent, supported by strong reception of the Spring/Summer 2026 collection.
Executive chairman stresses agility and brand integrity in next growth phase
“As we move into the next phase of our journey, with Leo Rongone now on board, our focus is very sharp: staying true to who we are, never standing still, and keeping our brands’ integrity firmly at the centre of every decision. In an increasingly complex external environment, we remain committed to staying agile and responsive, guided by our clear strategic vision,” added Ruffini.
The group’s performance reflects the strength of its retail-led model, with physical stores outperforming online channels. As of March 2026, Moncler operated 295 mono-brand stores, while Stone Island had 94 directly operated stores globally.
Fibre2Fashion News Desk (SG)
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