Moncler posted consolidated revenues of €995.3 million in the first nine months of the year, representing a 14 percent increase at current exchange rates versus the same period in 2018. At constant exchange rates, the increase was 12 percent. The double-digit revenue growth continued through the third quarter, with sales up by 10 percent at constant exchange rates in the quarter, despite months of protests in Hong Kong.

In the first nine months of 2019, the company recorded solid performance across all regions. In Italy, revenues grew by 6 percent, mainly driven by retail. The growth on the Italian market was of 4 percent in the third quarter. Asia and Rest of the World continued to drive growth even in the third quarter, with a sales increase of 15 percent at constant exchange rates, driven by Japan, Mainland China and Korea, and despite the “subdued performance” in Hong Kong. Revenues in the EMEA region, excluding Italy, grew by 11 percent in the first nine months, driven by both distribution channels and the good results in Germany and the Scandinavian markets, which outperformed the rest of the region in the third quarter. In the Americas, revenues grew by 10 percent at constant exchange rate in the first nine months, with solid growth across both distribution channels. The sales growth in the Americas was of 10 percent at constant exchange rates also in the third quarter.

By distribution channel, revenues from the retail channel rose by 13 percent at constant exchange rates to €690.4 million in the first nine months, thanks to solid growth on a same-store basis, the development of the mono-brand retail network and the very positive performance of the online channel. In the third quarter, retail revenues rose by 12 percent at constant exchange rates. The wholesale channel recorded revenues of €304.9 million, up by 9 percent at constant exchange rates, in the first nine months. In the third quarter, wholesale revenues increased by 6 percent at constant exchange rates.

The number of Moncler's mono-brand stores rose to 199 units as of Sept. 30, 2019, as compared to 196 units as of June 30, 2019. In the same period, the number of wholesale shop-in-shops rose by 2 units to 62.