Moncler trumps Q1 revenue expectations on solid Asia demand, DTC strength
Investing.com -- Italian luxury outerwear maker Moncler reported a stronger-than-expected rise in first-quarter revenue on Wednesday, driven by robust DTC sales and resilient demand from Asia.The company posted revenue of €829 million ($944 million) for the quarter ended March, surpassing analysts’ expectations of €817 million The growth held steady even after excluding currency effects, with revenues up 1% at both constant and current exchange rates.Sales for the Moncler brand rose 2%, again un