Moncler has sold its sportswear division to Cavaliere Brands, a company indirectly controlled by Emerisque Brands, a global investor that operates mainly in the U.K., the U.S. and Hong Kong. Moncler's sportswear division includes the Marina Yachting, Henry Cotton's, Coast Weber & Ahaus brands as well as the license for 18CRR81 Cerruti. At the end of 2012, the division was worth €135 million. Emerisque also owns MCS Italia, formerly known as Marlboro Classics, as well as Lee Cooper, Hickey Freeman, Hart Schaffner Marx, Bobby Jones, Jack Nicklaus, Exclusively Misook, Christopher Blue, Palm Beach, Sansabelt and Monarchy. Following the completion of the transaction, a special purpose vehicle (SPV) gathering Moncler, Eurazeo and the Carlyle group has signed for a capital increase in Cavaliere Brands, of which Emerisque is the majority shareholder, to acquire a 30 percent stake in its share capital.

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