Moncler Group Reports Q3 2026 Revenue Stable at €605.5 Million Amid European Spending Slowdown

Key summary

Moncler Group, the Italian luxury fashion house owning Moncler and Stone Island, reported third-quarter 2026 revenue of approximately €605.5 million (roughly 22.9 billion baht), which remained flat compared to the same period last year when calculated at constant exchange rates. Cumulative revenue for the first nine months of the year reached about €1.9 billion, a 6% increase from the prior year. The Moncler brand contributed €499.6 million in revenue, down 1%, with European sales falling 8% as tourist spending softened. In contrast, Stone Island revenue rose 5% to €105.9 million, supported by direct-to-consumer and wholesale channels. While the group's primary business focuses on winter outerwear, making Q3 a lower-revenue quarter, the results highlight challenges in the European luxury market alongside continued growth in Asia. Moncler also noted its first store opening in Thailand at ICONSIAM earlier this year and launched the 'Have a Puffy Summer' 2026 campaign featuring Jamie Dornan to extend brand relevance beyond winter. Additionally, Moncler Grenoble held a Fall 2026 fashion show in Aspen, US, and opened a new store to emphasize its expertise in outdoor and mountain apparel.