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.
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?"