Moncler Shares Soar on Luxury Skiwear Maker’s Trading Debut

Moncler Gamme Rouge campaign | Source: Moncler

MILAN, Italy — Moncler SpA opened 41 percent higher than its initial public offering price in the first day of trading for the Italian luxury skiwear maker after investors sought about 27 times the amount of stock offered.

…Continue Reading

Market Pulse | Giving Thanks?

Savigny Luxury Index November 2013 | Source: Savigny Partners

Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.

…Continue Reading

As IPOs Return, Milan Index Aims to be Fashion Hub

Moncler Gamme Bleu A/W 2013 | Source: Moncler

Moncler, an Italian fashion house known for its down jackets, is launching an initial public offering this month in what Milan’s main stock exchange hopes will boost its plan to become an international hub for luxury goods company listings.

…Continue Reading

Moncler Owners to Raise as Much as $1.1 Billion in Skiwear IPO

Moncler Spring/Summer 2014 | Photo: Sonny Vandevelde

MILAN, Italy — Moncler, the Italian maker of $1,220 quilted polyester jackets, will sell shares in a second attempt at an initial public offering next month, raising as much as 783 million euros ($1.1 billion) for the company’s owners.

…Continue Reading

Moncler Said to Start Presentations Next Week for Italy IPO

Moncler Grenoble Autumn/Winter 2013 Presentation | Source: Moncler

MILAN, Italy — Moncler SpA, the luxury maker of ski jackets, plans to start investor presentations Nov. 11 as it prepares to sell stock in an initial public offering in Milan, according to two people with direct knowledge of the deal.

…Continue Reading

Photo Diary | Milan Men’s Fashion Week, Days 1-2: Jil Sander, Versace, Bottega Veneta, Calvin Klein, Prada

MILAN, Italy — Today our contributing photographer Sonny Vandevelde files backstage imagery from the Jil Sander, Versace, Bottega Veneta, Salvatore Ferragamo, Calvin Klein, Vivienne Westwood, Prada and Moncler shows, held on days one and two of Milan men's fashion week.

…Continue Reading

Moncler Said to Pick Six Firms Led by Goldman Sachs, Bank of America to Run IPO

Moncler Grenoble Autumn/Winter 2013 Presentation | Source: Moncler

MILAN, Italy — Moncler picked six securities firms led by Bank of America Corp. and Goldman Sachs Group Inc. to manage an initial public offering as soon as this year, according to three people with direct knowledge of the plan.

…Continue Reading