Moncler extends recent slide in Milan, shares react to cautious growth outlook

By Mark Bergmann, Earnings & Calendar desk. Reviewed prior to publication on 2026-06-22, 20:14.

Moncler (IT0004965148) trades weaker on Borsa Italiana on Monday as luxury stocks retreat from recent highs on the FTSE MIB. The Italian group’s shares are down more than 4 percent intraday while analysts refine expectations ahead of second-quarter earnings, according to a MarketScreener market wrap on Milan.

Luxury name pulls back in Milan

A Milan market commentary highlights that the FTSE MIB is easing after seven straight advancing sessions and fresh all-time highs, with luxury and defense names among the main laggards. In this context Moncler is described as sharply lower, off more than 4 percent, as investors secure profits after the recent run-up in Italian blue chips, according to a MarketScreener report on the FTSE MIB session.

The same report notes that Piazza Affari is seeing its first pause after seven consecutive positive sessions and record levels, with a modest pullback for the main index. For Moncler, the move on Monday follows a close around 52 euros per share at the end of last week, indicating that the latest decline comes from a level not far below the stock’s recent range, based on Italian exchange data.

Analysts flag slower EMEA growth

Analysts cited in the Milan commentary point to a likely deceleration in growth for the Moncler brand in the second quarter compared with a very strong first quarter. Intermonte expects slower dynamics especially in EMEA, where fewer Asian tourist flows could weigh on store traffic and sales momentum, according to the MarketScreener analysis quoting Intermonte.

The same analytic take still references a robust start to the year for Moncler, with the first quarter described as “very strong” for the brand. That sets a high comparison base for the second quarter and helps explain why even moderate normalization of growth can prompt cautious messages from brokers, as the market contrasts recent double-digit expansion with a more measured near-term trajectory in Europe.

The product behind the stock

Moncler is best known for its high-end down jackets and outerwear, notably the Moncler Maya jacket line that has become a core product in its winter collections. The group has expanded beyond skiwear into full lifestyle collections, but insulated jackets remain a central revenue contributor across regions.

Where the stock trades today

The Moncler shares (IT0004965148) trade on Borsa Italiana in Milan under the ticker MONC at around 52.10 euros as of 2026-06-22, 17:35 CET, based on recent Italian exchange data.

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. All data are based on sources deemed reliable but cannot be guaranteed. Investors should conduct their own research or consult a professional advisor before making investment decisions.