MILAN — After months of speculation and a shelved initial public offering in 2011, Moncler SpA on Monday filed documents to list on the Italian Stock Exchange.
The IPO is expected to take place by the end of the year and sources say the company will float between 25 and 30 percent of its total shares. Industry sources said Moncler’s IPO could value the company at around 2 billion euros, or $2.7 billion at current exchange.
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?"