Retail in Asia

Moncler revenue rises 19 percent in 2015

Moncler saw a revenue rise of 19 percent at constant exchange rates last year but sales growth slowed in the last few months due to an unusually mild winter and weaker Chinese demand.

Comparable store sales were up 6 percent, against a growth rate of 13 percent in the first nine months of the year and of 22 percent in January-June, the Milan-listed company said.

Moncler said on Thursday adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) totalled 300 million euros (USD 328m), slightly higher than an analyst consensus distributed by the company of 294 million euros (USD 321m).