Moncler Group recorded H1 2025 revenues of € 1,225.7 million (~ $ 1,446.33 million), increasing Yoy 1 %, with growth in Asia that compensates for the drop in the hemea. Moncler and Stone Island have recorded regional results and mixed channels. The Ebit was € 224.8 million (~ $ 265.26 million). D2 revenues fell by 1 % to € 396.6 million (~ $ 468.99 million). The group remains cautious for H2.
Stone Island recorded revenues 186.7 million euros, down by 1 %, with Asia growing by 14 % to 52.3 million euros, EMEA fell by 5 % to € 123.3 million and the Americas that drop by 15 % for € 11.1 million. Sales of the DTC for Stone Island grew by 8 %, reaching € 99.1 million, while the wholesale decreased by 9 %.
The group’s Ebit was 224.8 million euros (~ $ 265.26 million) with a margin of 18.3 percent and the net result was € 153.5 million, reflecting a margin of 12.5 percent. The net liquidity was € 980.8 million after a payment of dividends of 345 million euros.
In the second quarter (Q2) of 2025, the group’s revenues were 396.6 million euros (~ $ 468.99 million), down by 1 % on an annual basis. The revenues of the Moncler brand reached 317.2 million euros, a 2 %decrease, largely due to a slowdown in the DTC channel and reduced the tourist activity in Emea and Japan, although the Americas have shown a sequential improvement.
Stone Island worked better in the quarter, with revenues from 6 % to € 79.4 million. The DTC channel for Stone Island grew by 3 %, while the wholesale improved by 9 %, led by stronger performance in Asia and better delivery times compared to the first quarter.
“The first half of the year reminded us once again how unpredictable and complex the world can be and how companies must remain vigilant and agile while they continue to cultivate their brands. These are moments that require full attention to the execution of our strategy, with a strong discipline, rigor and flexibility”, have affirmed flexibility ” Remo Ruffini, president and CEO (CEO) at Moncler. “These are also moments in which we must continue to strengthen our brands through distinctive creativity, the incessant search for the excellence of the product and sharing energy with our communities”.
“Among the current macroeconomic uncertainty, our group will continue to operate with consistency and resilience, led by a clear vision, a profound awareness of the present and the ambition to transform external challenges into future opportunities,” added Ruffini.
Moncler remains cautious by entering the second half (H2) of 2025, quoting ongoing global economic and geopolitical uncertainties. The group reiterated its commitment to agile operations, brand investments and long -term sustainable growth, exploiting its culture led by innovation.
Fiber2fashion news desk (sg)