NEW YORK — Private equity firm The Carlyle Group, which has several holdings in the fashion world including Moncler, on Tuesday filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering.
The number of units offered and price range for the offering have not yet been determined. The firm said the proceeds would be used to repay indebtedness, and for general corporate purposes. While the filing listed an offering size of $100 million, sources earlier this summer said one later this year could approach $1 billion.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"