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Moncler SpA (WBO:MONC) Accounts Payable & Accrued Expense for Financial Companies


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What is Moncler SpA Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Moncler SpA (WBO:MONC) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Moncler SpA (WBO:MONC) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Via Stendhal, 47, Milan, ITA, 20144
Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.