Italian fashion brand Moncler Group’s FY24 revenue reaches $3.26 bn
Moncler Group has reported €3.11 billion (~$3.26 billion) in FY24 revenue, up 7 per cent at constant exchange rates. Gross profit was €2,426.6 million (~$2,540.8 million). DTC revenue rose 11 per cent to €2,331.9 million (~$2,439.2 million), while wholesale fell 7 per cent. EBIT margin was 29.5 per cent. Moncler Group saw 8 per cent YoY growth in Q4, driven by a 9 per cent rise in the DTC channel.
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