The Tamesis
Moncler Group, the parent company of Moncler and Stone Island, said on Thursday that the group’s full-year revenue in 2025 increased by 3% year-on-year to 3.1 billion euros. By brand, Moncler’s revenue increased by 3% to 2.7 billion euros, and Stone Island’s revenue increased by 4% to 401.6 million euros. The results beat the company’s forecast for revenue growth of 1% for the current fiscal year.
Chief executive Remo Ruffini said during an earnings call on Thursday: “In 2025, our group delivered solid results, even in a difficult environment. These strong results are a testament to the quality of our operational execution and the resilience of our business model, but as always, I am most proud of how we achieved this result: investing in creativity, maintaining our identity and moving clearly forward in our long-term strategic direction.”
Thursday’s call was Ruffini’s last as CEO. The company announced on January 20 that on April 1, Ruffini will transition to executive chairman of the Moncler Group, while former Bottega Veneta CEO Bartolomeo Rongone will serve as CEO. Roberto Eggs, chief business and global marketing officer, will also resign on March 1 to start a new career chapter. Eggs will remain on the Moncler Group’s board of directors.
“As we grow, we are committed to making our organization even stronger. The appointment of Bartolomeo Rongone as group CEO in April is a natural next step in our evolution and will bring new energy to our already solid structure,” Ruffini told investors on a conference call. Ruffini also made it clear that he would not step down or retreat. “I throw myself into it every day with the same passion and the same commitment. We can only grow when we stay true to ourselves, stay curious, stay unique and have the courage to evolve,” he said. “Only companies that understand when and how to embrace change will succeed.”
The Moncler Group ended fiscal 2025 with strong fourth quarter results. Group revenue increased by 7% to 1.3 billion euros. By brand, Moncler’s revenue increased by 6% year-on-year to 1.2 billion euros, and Stone Island’s revenue increased by 16% to 123 million euros. Both brands’ revenue hit a record high.
“2025 is our most important year yet, not only in terms of brand awareness and influence, but especially in terms of the brand engagement that we see globally, which once again proves that we are not just about big events and seasonal or specific products,” said Gino Fisanotti, Moncler’s chief brand officer. Here, he mentioned Moncler’s Warmer Together campaign with Al Pacino and Robert De Niro, as well as Moncler Grenoble’s efforts for the Olympics; Moncler Genius with Jil Sander collaboration; and the brand’s collaboration with A$AP Rocky. Eggs later said the Warmer Together campaign was more impactful than some of Moncler’s larger event-led campaigns.
In 2025, the Moncler brand achieved strong growth in Asia, with revenue increasing 7% to 1.4 billion euros, including double-digit growth in China and abroad in the fourth quarter. Revenue in the Europe, Middle East and Africa region fell 3% to 914 million euros, which Eggs attributed to negative trends in the travel industry, particularly among visitors from the United States, South Korea and Japan. The Americas also showed strong growth, with a year-on-year increase of 3% to €391 million. Luciano Santer, group chief corporate and supply officer, noted that growth in the Americas remains a focus.
“We have a very important big new project in New York, [our] He said that the opening of the “Fifth Avenue Store” is an important expansion of Moncler’s distribution network. The brand also recently opened its second Grenoble store in Aspen, Colorado, USA. In 2025, Stone Island achieved strong growth in the Asian market, with a year-on-year increase of 16% to 116 million euros. Revenues in the Europe, Middle East and Africa region were flat at €269 million. Americas revenue fell 2% to 26 million euros.
