<?xml version="1.0" encoding="UTF-8"?>
<!-- Generated by Fujitsu Interstage XWand B0255 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:moncler="http://www.moncler.com/2021-12-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="http://www.esma.europa.eu/taxonomy/2020-03-16/esef_cor.xsd#esef_cor_NotesAccountingPoliciesAndMandatoryTags" xlink:label="NotesAccountingPoliciesAndMandatoryTags" xlink:title="NotesAccountingPoliciesAndMandatoryTags"/>
    <link:label xlink:type="resource" xlink:label="label_NotesAccountingPoliciesAndMandatoryTags" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_NotesAccountingPoliciesAndMandatoryTags" xml:lang="en" id="label_NotesAccountingPoliciesAndMandatoryTags">Notes Accounting Policies and Mandatory Tags</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAccountingPoliciesAndMandatoryTags" xlink:to="label_NotesAccountingPoliciesAndMandatoryTags" xlink:title="label: NotesAccountingPoliciesAndMandatoryTags to label_NotesAccountingPoliciesAndMandatoryTags"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_CostOfSalesRelatedParty" xlink:label="CostOfSalesRelatedParty" xlink:title="CostOfSalesRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfSalesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CostOfSalesRelatedParty" xml:lang="it" id="label_CostOfSalesRelatedParty">Costo del venduto di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfSalesRelatedParty" xlink:to="label_CostOfSalesRelatedParty" xlink:title="label: CostOfSalesRelatedParty to label_CostOfSalesRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_MarketingExpense" xlink:label="MarketingExpense" xlink:title="MarketingExpense"/>
    <link:label xlink:type="resource" xlink:label="label_MarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_MarketingExpense" xml:lang="it" id="label_MarketingExpense">Spese di marketing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketingExpense" xlink:to="label_MarketingExpense" xlink:title="label: MarketingExpense to label_MarketingExpense"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_DistributionCostsRelatedParty" xlink:label="DistributionCostsRelatedParty" xlink:title="DistributionCostsRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_DistributionCostsRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_DistributionCostsRelatedParty" xml:lang="it" id="label_DistributionCostsRelatedParty">Costi di distribuzione di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistributionCostsRelatedParty" xlink:to="label_DistributionCostsRelatedParty" xlink:title="label: DistributionCostsRelatedParty to label_DistributionCostsRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdministrativeExpenseRelatedParty" xlink:label="AdministrativeExpenseRelatedParty" xlink:title="AdministrativeExpenseRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_AdministrativeExpenseRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdministrativeExpenseRelatedParty" xml:lang="it" id="label_AdministrativeExpenseRelatedParty">Costi amministrativi di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpenseRelatedParty" xlink:to="label_AdministrativeExpenseRelatedParty" xlink:title="label: AdministrativeExpenseRelatedParty to label_AdministrativeExpenseRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_OtherCurrentNonfinancialLiabilitiesRelatedParty" xlink:label="OtherCurrentNonfinancialLiabilitiesRelatedParty" xlink:title="OtherCurrentNonfinancialLiabilitiesRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_OtherCurrentNonfinancialLiabilitiesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherCurrentNonfinancialLiabilitiesRelatedParty" xml:lang="it" id="label_OtherCurrentNonfinancialLiabilitiesRelatedParty">Altre passività non finanziarie correnti di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrentNonfinancialLiabilitiesRelatedParty" xlink:to="label_OtherCurrentNonfinancialLiabilitiesRelatedParty" xlink:title="label: OtherCurrentNonfinancialLiabilitiesRelatedParty to label_OtherCurrentNonfinancialLiabilitiesRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xlink:label="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xlink:title="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xml:lang="it" id="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables">Rettifiche per l'aumento (diminuzione) in altri debiti correnti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xlink:to="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables" xlink:title="label: AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables to label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivables"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xlink:label="AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xlink:title="AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xml:lang="it" id="label_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty">Variazione degli altri debiti/crediti non correnti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xlink:to="label_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty" xlink:title="label: AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty to label_AdjustmentsForIncreaseDecreaseInOtherNonCurrentPayablesReceivablesRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="it" id="label_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities">Vendita di immobilizzazioni materiali e immateriali</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="label_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="label: ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities to label_ProceedsFromSalesOfTangibleAndIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:label="ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:title="ProceedsFromIssuingSharesAndOtherEquityInstruments"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromIssuingSharesAndOtherEquityInstruments" xml:lang="en" id="label_ProceedsFromIssuingSharesAndOtherEquityInstruments">Proceeds From Issuing Shares And Other Equity Instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:to="label_ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:title="label: ProceedsFromIssuingSharesAndOtherEquityInstruments to label_ProceedsFromIssuingSharesAndOtherEquityInstruments"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ProceedsFromIssuingSharesAndOtherEquityInstruments" xlink:label="ProceedsFromIssuingSharesAndOtherEquityInstruments_2" xlink:title="ProceedsFromIssuingSharesAndOtherEquityInstruments"/>
    <link:label xlink:type="resource" xlink:label="label_ProceedsFromIssuingSharesAndOtherEquityInstruments_2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ProceedsFromIssuingSharesAndOtherEquityInstruments" xml:lang="it" id="label_ProceedsFromIssuingSharesAndOtherEquityInstruments_2">Aumento capitale e riserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuingSharesAndOtherEquityInstruments_2" xlink:to="label_ProceedsFromIssuingSharesAndOtherEquityInstruments_2" xlink:title="label: ProceedsFromIssuingSharesAndOtherEquityInstruments to label_ProceedsFromIssuingSharesAndOtherEquityInstruments"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_CashAndCashAndOthers" xlink:label="CashAndCashAndOthers_3" xlink:title="CashAndCashAndOthers"/>
    <link:label xlink:type="resource" xlink:label="label_CashAndCashAndOthers_3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CashAndCashAndOthers" xml:lang="it" id="label_CashAndCashAndOthers_3">Cassa e altre disponibilità finanziarie</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashAndOthers_3" xlink:to="label_CashAndCashAndOthers_3" xlink:title="label: CashAndCashAndOthers to label_CashAndCashAndOthers"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xlink:label="AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xlink:title="AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xml:lang="it" id="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty">Rettifiche per la diminuzione (aumento) dei crediti verso clienti di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xlink:to="label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty" xlink:title="label: AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty to label_AdjustmentsForDecreaseIncreaseInTradeAccountReceivableRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xlink:label="AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xlink:title="AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xml:lang="it" id="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty">Rettifiche per l'aumento (diminuzione) dei debiti verso fornitori di cui parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xlink:to="label_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty" xlink:title="label: AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty to label_AdjustmentsForIncreaseDecreaseInTradeAccountPayableRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_OtherInflowsOutflowsOfEquity" xlink:label="OtherInflowsOutflowsOfEquity" xlink:title="OtherInflowsOutflowsOfEquity"/>
    <link:label xlink:type="resource" xlink:label="label_OtherInflowsOutflowsOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherInflowsOutflowsOfEquity" xml:lang="it" id="label_OtherInflowsOutflowsOfEquity">Altre variazioni del patrimonio netto</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInflowsOutflowsOfEquity" xlink:to="label_OtherInflowsOutflowsOfEquity" xlink:title="label: OtherInflowsOutflowsOfEquity to label_OtherInflowsOutflowsOfEquity"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xlink:label="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xlink:title="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xml:lang="it" id="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty">Rettifiche per l'aumento (diminuzione) in altri debiti correnti, parti correlate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xlink:to="label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty" xlink:title="label: AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty to label_AdjustmentsForIncreaseDecreaseInOtherCurrentPayablesReceivablesRelatedParty"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xlink:label="IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xlink:title="IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xml:lang="it" id="label_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod">Destinazione utile esercizio precedente</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xlink:to="label_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod" xlink:title="label: IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod to label_IncreaseDecreaseThroughDistributionProfitPreviousAccountingPeriod"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_IncreaseDecreaseThroughConsolidationAreaChanges" xlink:label="IncreaseDecreaseThroughConsolidationAreaChanges" xlink:title="IncreaseDecreaseThroughConsolidationAreaChanges"/>
    <link:label xlink:type="resource" xlink:label="label_IncreaseDecreaseThroughConsolidationAreaChanges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_IncreaseDecreaseThroughConsolidationAreaChanges" xml:lang="it" id="label_IncreaseDecreaseThroughConsolidationAreaChanges">Variazione area di consolidamento</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughConsolidationAreaChanges" xlink:to="label_IncreaseDecreaseThroughConsolidationAreaChanges" xlink:title="label: IncreaseDecreaseThroughConsolidationAreaChanges to label_IncreaseDecreaseThroughConsolidationAreaChanges"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ReserveOfUndistribuitedEarningsMember" xlink:label="ReserveOfUndistribuitedEarningsMember" xlink:title="ReserveOfUndistribuitedEarningsMember"/>
    <link:label xlink:type="resource" xlink:label="label_ReserveOfUndistribuitedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfUndistribuitedEarningsMember" xml:lang="it" id="label_ReserveOfUndistribuitedEarningsMember">Utili indivisi</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfUndistribuitedEarningsMember" xlink:to="label_ReserveOfUndistribuitedEarningsMember" xlink:title="label: ReserveOfUndistribuitedEarningsMember to label_ReserveOfUndistribuitedEarningsMember"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xlink:label="PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xlink:title="PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember"/>
    <link:label xlink:type="resource" xlink:label="label_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xml:lang="it" id="label_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember">Risultato del periodo di Gruppo</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xlink:to="label_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember" xlink:title="label: PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember to label_PortionOfRetainedEarningsRelatingToRelevantPeriodOrPeriodLeadingUpToRelevantDateMember"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ReserveOfOtherComponentsMember" xlink:label="ReserveOfOtherComponentsMember" xlink:title="ReserveOfOtherComponentsMember"/>
    <link:label xlink:type="resource" xlink:label="label_ReserveOfOtherComponentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfOtherComponentsMember" xml:lang="it" id="label_ReserveOfOtherComponentsMember">Altri componenti</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfOtherComponentsMember" xlink:to="label_ReserveOfOtherComponentsMember" xlink:title="label: ReserveOfOtherComponentsMember to label_ReserveOfOtherComponentsMember"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_ReserveOfIfrs2Member" xlink:label="ReserveOfIfrsTwoMember" xlink:title="ReserveOfIfrsTwoMember"/>
    <link:label xlink:type="resource" xlink:label="label_ReserveOfIfrsTwoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveOfIfrsTwoMember" xml:lang="it" id="label_ReserveOfIfrsTwoMember">Riserva Ifrs Due</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfIfrsTwoMember" xlink:to="label_ReserveOfIfrsTwoMember" xlink:title="label: ReserveOfIfrsTwoMember to label_ReserveOfIfrsTwoMember"/>
    <link:loc xlink:type="locator" xlink:href="moncler-2021-12-31.xsd#moncler_FirstTimeAdoptionReserveMember" xlink:label="FirstTimeAdoptionReserveMember" xlink:title="FirstTimeAdoptionReserveMember"/>
    <link:label xlink:type="resource" xlink:label="label_FirstTimeAdoptionReserveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_FirstTimeAdoptionReserveMember" xml:lang="it" id="label_FirstTimeAdoptionReserveMember">Riserva FTA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FirstTimeAdoptionReserveMember" xlink:to="label_FirstTimeAdoptionReserveMember" xlink:title="label: FirstTimeAdoptionReserveMember to label_FirstTimeAdoptionReserveMember"/>
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