1009 GMT - Moncler looks well-placed to continue to post positive trends, Bernstein analysts say. Strong momentum for the Italian high-end fashion group should have continued through the first quarter, the analysts write in a research note. The company, known for its puffer jackets, typically sees a spike in sales during winter. Furthermore, Moncler has a relatively low exposure to the war in the Middle East, with the region representing a low-single-digit percentage of group sales compared an industry average of mid-single-digit percentage, the brokerage says. Despite this, a prolonged conflict would have ripple effects on global consumer sentiment and tourist flows, the analysts add. Shares are down 2.9%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 06:09 ET (10:09 GMT)
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