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Remembering Harley: Graveside memorial service honours homeless Hantsport man’s life | SaltWireMILAN - Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth will be slower than in the first half.
French luxury group Kering reported on Tuesday a bigger-than-expected drop in third-quarter sales, adding to the jitters. "The exit rate for the third quarter is likely to have been weaker due to hot weather. Therefore we think comments about the start of October will be more meaningful to assess underlying trends," UBS analysts said, adding that the brand momentum is still strong.
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