The initial public offering for Moncler is now slated for Dec. 9. The Italian company is reportedly seeking a valuation of €2.3 billion for 100 percent of its capital, but only 25 percent of it would be offered to the public. Meanwhile, Luciano Santel is leaving as president and managing director of Stefanel to become chief corporate officer of Moncler. Goldman Sachs is Moncler's adviser for the IPO. No capital increase is planned as current shareholders would sell some of their shares. The company is owned by a French investment group, Eurazeo, which holds 32 percent; the Italian designer Remo Ruffini, who also owns a 32 percent stake; Carlisle, a private equity firm, with 18 percent; Cathay Capital and IDG-Accel-China Capital with 13 percent, and the Brand Partners/Mittel fund with 5 percent. A previous IPO project was abandoned in 2011 due to the financial crisis.

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