Consumer Discretionary

Fashion mogul Moncler heads for IPO

Moncler duvet jacket.
Victor Boyko | French Select via Getty Images for Moncler

Luxury down jacket maker Moncler said on Monday it had filed a request with the Italian stock market to list its shares in Milan.

In September an adviser to the transaction said Moncler would list 25 percent or slightly more on Milan's stock exchange by the end of 2013 or early 2014.

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Global coordinators in the initial public offering are Goldman Sachs International, Bank of America Merrill Lynch and Mediobanca - Banca di Credito Finanziario.

Banca IMI, JP Morgan, Nomura and UBS are joint bookrunners and BNP Paribas, Equita SIM and HSBC are lead managers.

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Financial advisers are Claudio Costamagna and Lazard.

Moncler was a dormant brand generating 45 million euros in sales when Italian businessman Remo Ruffini took control in 2003, and has since turned into a trendy fashion label.

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