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Moncler IPO Initial Public Offering ( UK)

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  • Moncler IPO Initial Public Offering ( UK)

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    Moncler IPO: Third Time Lucky
    09 September 2013
    Lauren Milligan
    Picture credit: GoRunway
    <p>FRENCH outerwear label Moncler is heading
    for an IPO at last, as it confirmed plans to list around 25 percent
    of its shares, between the end of the year and early 2014.</p> <p>The brand's initial public offering was first mooted in 2011 and
    again in June this year, but neither materialised. <strong><a href="">moncler</a></strong> The skiwear
    brand hopes to cash in on rising sales that have doubled its value
    in the past two years to about €2 billion (£1.7 billion), sources
    close to the deal told Reuters .</p><p>Established in an Alpine town near Grenoble in 1952 by French
    entrepreneur René Ramillon, Moncler was sold to
    Italian businessman Remo Ruffini, today's president and
    creative director of the company.</p>
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