Report
Emira Sagaama ...
  • Jean Danjou

Moncler : Nothing new in Q2 but the anticipated acceleration at the end of the year remains the watchword and Stone Island should underpin growth

>No break in the trend in Q2, Stone Island should begin to make a contribution, as expected - Q2 is a very slow month for Moncler (representing barely 10% of full-year sales under normal circumstances) clearly with a negative seasonal effect and we had not expected any major improvement in the pace of growth at two years for Q2 2021 relative to the -2% observed in Q1. As such, the elements communicated by the group came as no surprise: 1) Europe improved thanks to re-...
Underlying
Moncler SpA

Moncler is a jacket and sportswear production group based in Italy. Co. directly produces and distributes its own clothing and accessories collections, through its direct boutiques and exclusive department and multibrand stores. Co. branded products range from the high fashion segment with the Gamme Rouge and Gamme Bleu collections (exclusive products and selected distribution to boutiques) to the Grenoble collection (sporting and technical garments). As of Dec 31 2013, Co. operated a network of 135 stores, including 107 directly operated stores (DOS) and 28 wholesale stores (27 shop-in-shop and 1 franchise store).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Emira Sagaama

Jean Danjou

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