Moncler 集团三季度收入持平在 6.055 亿欧元:主品牌跌 1%,Stone Island 涨 5%
Moncler Revenues Remain Flat in Q3
Moncler 集团(旗下 Moncler 与 Stone Island 两品牌)2026 年第三季度收入同比持平,为 6.055 亿欧元;今年前九个月集团收入同比增长 6%,至 19 亿欧元。分品牌看:主品牌 Moncler 三季度收入同比跌 1%,至 4.996 亿欧元——直营(DTC)渠道跌 2% 是拖累,批发渠道涨 2% 起了托底作用;Stone Island 三季度收入同比涨 5%,至 1.059 亿欧元,直营与批发两条渠道都在增长。也就是说,集团单季的「持平」是两个品牌、两种走向对冲的结果:体量更大的主品牌在自营门店一侧放缓,较小的 Stone Island 反而全面回升。说明:本文为 Vogue Business 的财报短讯,原文自注仍在更新中、无管理层引语与分地区明细,数字为原文披露的集团口径,后续以公司正式财报为准。署名:颜如玉编辑台。
October 21, 2026

Photo: Moncler
- Moncler Group, owner of Moncler and Stone Island, reported flat year-on-year revenue growth at €605.5 million for the third quarter of 2026.
- In the first nine months of the year, group revenues rose 6% to €1.9 billion.
- Moncler brand revenues fell 1% to €499.6 million in Q3, impacted by a slowdown in the direct-to-consumer (DTC) channel (down 2%) and upheld by the brand’s wholesale channel (up 2%).
- Stone Island revenues were up 5% year-on-year to €105.9 million, thanks to growth in both DTC and wholesale.

Moncler’s new Alpine Diary book.
Photo: Moncler
Photo: Moncler
This story is developing — stay tuned for further reporting.
Madeleine Schulz is the US Editor at Vogue Business, where she covers fashion news, trends, and industry shake-ups and crossovers. She was most recently a reporter and editorial associate at Vogue Business and editorial assistant at Flaunt magazine in Los Angeles. She is based in New York. ... Read More
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来源:颜如玉编辑台 · vogue.com