DOWN IS THE NEW UP: Lines were not only forming in front of the Milan Moncler store during men’s fashion week. The outerwear company is also drawing interest from investors. According to a Bloomberg report, private equity firm The Carlyle Group, which holds a 48 percent stake in Moncler, is deflecting suitors and instead mulling a listing of the brand next year, after buying a firm that could be integrated into Moncler. A Milan-based source confirmed Moncler is looking at taking control of a “complementary, noncompeting brand that would allow it to leverage on synergies in marketing, distribution and retail.” The brand, which in 2008 reported sales of 150 million euros, or $220 million at average exchange rates, and is highly recognizable for its fashion-oriented down jackets, would benefit from a growth through an acquisition, said the source.
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