Moncler : A dazzling start to the year for the Moncler brand
>Group Q1 sales 5% higher than expected, Moncler brand at +28% y-o-y cc - The company’s sales reached € 726.4m in Q1, up +23% y-o-y, i.e. +23% at cc as well (vs +19% in Q4 2022), with the Moncler brand posting sales up +28% cc at € 604.8m (Q4 2022: +16%) and the Stone Island brand’s sales up +5% cc at € 121.6m (Q4 2022: +48%). We were expecting total sales to reach € 682.7m (+16%), with € 562.2m for Moncler (+18%e) and € 120.6m for Stone Island (+3%e), while the comp...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).
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.
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