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.
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.
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.
Sales of luxury goods are slowing and, given the uncertain outlook, investors are taking profits, reports Pierre Mallevays, founder and managing partner of Savigny Partners.
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.