Moncler's Q2 Revenue Dips Amid Decline in Tourist Spending
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Moncler's Q2 revenue dips amid decline in tourist spending
Moncler, the Italian luxury outerwear group, reported a 1% year-on-year decline in second-quarter revenue at constant exchange rates as it blamed falling tourist expenditure that hit its core brand, especially in Europe and Japan. The firm added that sales of the Moncler brand in Asia were flat quarter on quarter, driven predominantly by softer tourist […] The post Moncler’s Q2 revenue dips amid decline in tourist spending appeared first on Appa…
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