Moncler Group revenues grow 6 percent in first 9 months of 2026
Moncler S.p.A. (Moncler) consolidated revenues amounted to 1.90 billion euros (2.14 billion dollars) in the first nine months of 2026. According to a press release, the result represents a 6 percent increase at constant exchange rates and a 3 percent increase at current exchange rates, compared to 1.84 billion euros in the first nine months of 2025.
Looking at individual brands, Moncler recorded revenues of 1.59 billion euros in the first nine months of 2026, up 6 percent at constant exchange rates (up 2 percent at current exchange rates) compared to 1.55 billion euros in the same period of 2025.
Stone Island’s revenues reached 306.2 million euros in the first nine months of 2026, an 8 percent increase (up 6 percent at current exchange rates) compared to 288.1 million euros in the same period of 2025.
In the third quarter, the group generated revenues of 605.5 million euros, remaining stable compared to the same period in 2025. The Moncler and Stone Island brands recorded third-quarter revenues of 499.6 million euros (down 1 percent year-over-year, impacted by a slowdown in the direct-to-consumer channel) and 105.9 million euros (up 5 percent YoY, with both the D2C and wholesale channels growing during the quarter), respectively.
Remo Ruffini: “in times like these, rigour and pragmatism are essential”
“In the third quarter, our sector continued to face an extremely complex environment. In times like these, rigour and pragmatism are essential, yet remaining focused on our brand strategy with a long-term vision is even more crucial,” highlighted Ruffini, executive chairman of Moncler, in the statement.
“The recent opening of the Fifth Avenue flagship store, the strongest expression of the Moncler universe, and our global campaign ‘Pioneers in Moncler’, deeply rooted in our DNA, are a clear testament to this commitment. At Stone Island, we continue to evolve the brand on a path of healthy growth. This is driven by the opening of the new Rome flagship store and campaigns that engage with the worlds of music, sport and art,” added Ruffini. The remarks were made during the board of directors meeting today, October 21, which reviewed and approved the interim management statement for the first nine months of 2026.
Revenues by geographical area for Moncler and Stone Island in first 9 months and Q3
In the first nine months of 2026, Moncler brand revenues in Asia (which includes APAC, Japan and Korea) amounted to 822.7 million euros, up 15 percent compared to the same period in 2025. In the third quarter, revenues in the region increased by 5 percent YoY.
Revenues in the Americas increased by 5 percent compared to the first nine months of 2025, reaching 219.8 million euros. In the third quarter, revenues in the region rose by 2 percent YoY, showing a slight sequential slowdown mainly due to weaker traffic during the summer period.
For Stone Island in the first nine months of 2026, Asia (which includes APAC, Japan and Korea) reached 86.4 million euros in revenues, up 23 percent compared to the same period in 2025. In the third quarter, the region grew by 19 percent YoY, with all key markets continuing to post strong double-digit growth.
The EMEA region recorded revenues of 198.3 million euros, up 1 percent compared to the first nine months of 2025. In the third quarter, revenues were stable YoY, reflecting a sequential slowdown in traffic within the D2C channel, partly due to the decision to reduce promotional activities.
Revenues in the Americas increased by 26 percent compared to the first nine months of 2025, standing at 21.5 million euros. In the third quarter, revenues grew by 13 percent YoY, driven by continued solid double-digit growth in the D2C channel.
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