MILAN — Moncler’s second attempt at an initial public offering is taking shape.
A well-placed industry source said the Italian brand has chosen a pool of banks including Bank of America Corp., Mediobanca, Banca Imi, J.P. Morgan and UBS to manage the IPO. “This is what [chairman and chief executive officer] Remo Ruffini has always wanted to do. They’ve been ready for four years,” said the source.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)