Why is Moncler stock rallying today?

Dries Van Noten, a fashion house owned by Puig, appoints Adrian Ward-Rees as president, replacing Axel Keller. Ward-Rees joins from Moncler and will start Dec. 1. Keller will assist during the transition. Dries Van Noten reported double-digit revenue growth in H1 2026, outperforming Puig's 4.4% growth.

Moncler Group reported a 3% revenue increase to €1.89B in the first nine months of 2026, with constant exchange rates showing a 6% rise. The Moncler brand saw a 2% increase to €1.58B. Q3 growth was impacted by slower tourism and warm weather, with a 1% decline in direct-to-consumer sales. Wholesale revenues remained flat but rose 3% at constant exchange rates. CEO Remo Ruffini emphasized brand strategy and long-term vision.

Moncler Group reported a 6% revenue increase at constant exchange rates for the first nine months of 2026, with Moncler and Stone Island brands driving growth. Consolidated revenues rose to 1.895 billion euros. Q3 revenues were flat, with Moncler down 1% and Stone Island up 5%. Asia showed strong growth, while EMEA declined.

Moncler Group reported flat Q3 2026 revenues of EUR 605.5M, down from 6% growth in the first nine months. The Moncler brand saw a 1% decline, while Stone Island grew 5%. CEO Remo Ruffini cited weather, weak tourism, and soft traffic as challenges. Shares rose 1.32% to $42.94, near a 52-week low, reflecting investor caution. Asia was the strongest region, while EMEA saw an 8% decline.

Moncler's shares rose 4% after Bernstein upgraded the stock to Outperform, citing a reset in expectations and valuation near historical lows. The broker maintained a €57.50 price target. Analyst Luca Solca noted that the stock's decline reflects typical seasonal patterns and broader luxury sector de-rating, with weakness in Europe but solid growth in Asia and the U.S. Stone Island brand showed double-digit sales growth. Bernstein kept earnings estimates unchanged, with EPS projections of €2.31 f

Moncler Group reported first-half results. Group sales rose to EUR 1.29bn, up 5% year on year, and revenues increased 9% at constant exchange rates. Net profit rose 7.3% to EUR 164.7m and operating profit rose 9.1% to EUR 245.4m. Board changes included Alexandre Arnault and Geoffroy van Raemdonck resignations; Sidney Toledano was appointed director.