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Moncler Group's revenue up 7% with strong recovery in China

Summary by Dao Insights
On the evening of 13 February, Italian luxury company Moncler Group, owner of the brands Moncler and Stone Island, released its annual report for the results of the year ending 31 December 2024. Revenue was up 7% in the past year, partly due to the recovery in China for both Moncler and Stone Island. The DTC (direct-to-consumer) sales of both brands witnessed double-digit growth and also maintained a strong 29.5% EBIT profit margin. Stone Islan…
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Dao Insights broke the news in on Tuesday, February 18, 2025.
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