At the end of the first nine months of 2026, the Moncler Group reported sales of €1,895.4 million, up 6% at constant exchange rates compared to the €1,841.3 million of the same period of 2025.

Moncler’s revenue for the first nine months of the year was €1,589.2 million, up 6% from €1,553.2 million in the same period of 2025.

The brand’s performance was down one percent year-over-year, impacted by a slowdown in the direct-to-consumer channel, which declined by 2%, due to a complex operating environment and persistently low tourist traffic, particularly in the EMEA region.

The wholesale channel grew by 2% year-over-year, despite ongoing optimization of the distribution network.

Stone Island recorded higher percentage growth, reaching €306.2 million, an 8% increase compared to the same period in 2025, with an 11% increase compared to last year, achieving sales of €155.9 million.

In the third quarter, Stone Island’s revenue increased by 5% compared to the same period last

year, with the DTC channel growing by 2%, despite weaker traffic and the impact of reduced promotional activities in the EMEA region. In addition, Asia and the Americas continued to post double-digit growth.

The wholesale channel grew by 7% year-over-year, driven by positive business growth as well as a different delivery schedule in Q3 compared to Q4 of the previous year.

“In the third quarter, our sector continued to face an extremely complex environment. At times like these, discipline and pragmatism are essential, but it is even more important to remain focused on our brand strategy, with a long-term vision,” commented Remo Ruffini, executive chairman, Moncler S.p.A.

“The recent opening of the Moncler flagship store on Fifth Avenue—the ultimate expression of the brand’s universe—and our global ‘Pioneers in Moncler’ campaign, deeply rooted in our DNA, are clear evidence of this commitment,” he added.

“At Stone Island, with the opening of our new flagship store in Rome and campaigns that engage with the

worlds of music, sports, and art, we continue to evolve the brand on a path of healthy growth. Our awareness of our identity and our origins allows us to look ahead with clarity and purpose. We will continue on this path with determination and discipline, shaping the future of our brands with the same passion and ambition that have brought us this far,” he concluded.