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in Fashion

Moncler Sales Up 12% in Q3 Driven by Europe, Recovery in China

by Editor October 26, 2022, 10:50 pm 1.9k Views

Moncler Sales Up 12% in Q3 Driven by Europe, Recovery in China

Sales at Italian luxury group Moncler rose 12 percent at constant exchange rates in the third quarter, driven by a strong growth in Europe and improvement in China as COVID-19 curbs eased.

The group, known for its warm puffer jackets said on Wednesday it faced the northern hemisphere winter season “with confidence” after revenue exceeded 1.5 billion euros ($1.51 billion) in the nine months to September.

Demand for luxury goods has so far…

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