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Moncler Head For Third IPO

Outerwear company Moncler head for their third IPO after 2 past attempts. Find out more here!

Moncler

Moncler, best known for their down jackets, plan to list 25 per cent of their shares as they head for their third IPO. Advisor for the brand, Claudio Costamagna said the Initial Public offering can be expected to take place between then end of this year and early 2014.

The brand proposed an IPO firstly back in 2011, originally planning to sell their stock onto the Milan bourse in 2011, however then decided to sell a 45 percent stake to Eurazeo and make a public offering with them. A second attempt was then made in June this year, however both attempts were put on hold. The company now hopes to bring in more money from the rise in sales which have doubled in value to around $2 billion.

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