Luxury fashion group Moncler has reported higher revenues for the last fiscal year, but the top-line growth did not translate into the bottom line.
Group consolidated revenues for FY25 rose 3 per cent at constant exchange rates to EUR3.1 billion ($3.6 billion).
Meanwhile, earnings before interest and taxes (EBIT) fell slightly from EUR916.3 million in the prior year to EUR913.4 million, with EBIT margin down from 29.5 per cent to 29.2 per cent. Management said the results reflected “resilience” in a more challenging trading environment.
At the Moncler brand, revenues increased 3 per cent to EUR2.7 billion, driven by a 7 per cent growth in Asia and 5 per cent uplift in the Americas. EMEA sales were down 3 per cent.
At Stone Island, revenues grew 4 per cent to EUR411.2 million, with Asia revenue up 16 per cent, the Americas down 2 per cent, and EMEA flat.
“Last year reminded me what matters most: Clarity of strategic direction, quality of execution, and the ability to stay grounded and flexible in a continuously volatile context,” said Remo Ruffini, chairman and CEO.
“This focus delivered a solid year‑end performance, with both Moncler and Stone Island gaining traction across channels and key markets, despite a demanding comparable base.”
In January, the group announced that Bartolomeo ‘Leo’ Rongone, currently CEO of Bottega Veneta, would become its CEO starting April 1.
“We move into 2026 with a well-established platform as well as a strong determination to continue shaping our future. Our ambition is clear: to keep strengthening our brands, investing in our organization, and building enduring value over time,” added Ruffini.
