Skiwear
maker Moncler is making another attempt for an IPO. The company's first try was back in June 2011. Plans were changed however when the company decided to sell a 45% stake to Eurazeo, an investment group from France.
This second attempt is aimed at making the most out of the rising value of the company. Sales of the company has been skyrocketing in the past two years which has seen its value doubling. The company is now valued at around 2 billion euros.
While the company has control over other lesser-known brands, the Moncler line is still the main thing that drives the growth of the company. In fact the brand has accounted for more than 70% of the earnings of the company.
Moncler would be joining a growing list of luxury brand companies that has gone public, an indication of the fact that the luxury good sector is doing well in the equity market.
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