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Moncler SpA (MONC.MI)

MONC.MI on Milan Stock Exchange

24.65EUR
15 Dec 2017
Change (% chg)

€0.36 (+1.48%)
Prev Close
€24.29
Open
€24.11
Day's High
€24.66
Day's Low
€24.06
Volume
1,280,680
Avg. Vol
806,708
52-wk High
€25.30
52-wk Low
€16.20

Latest Key Developments (Source: Significant Developments)

Eurazeo gets net proceeds of 188 million euros from Moncler stake sale
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - EURAZEO ::SUCCESSFUL SALE OF 3.34% OF THE SHARE CAPITAL OF MONCLER‍​.PRICE OF 24.48 EUROS PER SHARE, FOR A TOTAL AMOUNT OF APPROXIMATELY 208 MILLION EUROS.SALE GENERATED NET PROCEEDS OF 188 MILLION EUROS FOR EURAZEO,.SALE IN FORM OF ACCELERATED BOOK BUILDING TO INSTITUTIONAL INVESTORS.SALE BY CO'S SUBSIDIARY ECIP M S.A.‍​.ECIP M S.A. AGREED WITH 90-DAY LOCK-UP IN RESPECT OF REST OF SHARES IN MONCLER FROM DATE OF COMPLETION OF TRANSACTION‍​.  Full Article

Eurazeo says unit Ecip M SA sold 8.5 mln Moncler‍​ SpA shares at 24.48 euros/share
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Eurazeo ::SAYS UNIT ECIP M SA SUCCESSFULLY SOLD 8.5 MILLION SHARES OF MONCLER‍​ SPA AT 24.48 EUROS PER SHARE.BLOCK TRADE-EURAZEO -AFTER SHARE SALE, ECIP M SA TO HOLD 5.31% SHARE CAPITAL OF MONCLER; CO’S ECONOMIC INTEREST TO BE 4.79% OF MONCLER SHARE CAPITAL.  Full Article

Moncler is confident about fourth quarter's performance
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Italy's luxury group Moncler Chief Corporate Officer Luciano Santel tells a post-results analyst call: :October started very well, group confident about performance in the fourth quarter of the year."So far so good, but the real battle still has to happen in November and December because of a challenging base of comparison" ."Happy" with spring-summer collection campaign and volumes.New projects include digital strategies but are not "only about digital", include brand and products too.Majority of stores this year to be opened in Q4.Expects low double digit growth of selling surface in 2018.  Full Article

Moncler shares down 1.7 percent after placement
Friday, 23 Sep 2016 

Moncler: Shares fell 1.66 percent in early trade to 15.35 euros per share after a placement . Main owner Eurazeo sold 15 million Moncler shares - equal to around 6 pct of Moncler's capital - via an accelerated book building at 15.34 euros. [nFWN1BY0R6] Further company coverage: [MONC.MI] (Reporting by Milan newsroom).  Full Article

Moncler eyes 2017 openings in Scandinavia, Middle East, Australia
Wednesday, 27 Jul 2016 

Moncler's Head of Retail Andrea Tieghi says: For new shop openings in 2017, the group will look at new markets including Scandinavia, the Middle East and Australia . It will also consider strengthening presence in Canada and Europe Further company coverage: [MONC.MI] (Reporting by Milan newsroom).  Full Article

Moncler to open 9 stores in second half of 2016
Wednesday, 27 Jul 2016 

Moncler CEO Remo Ruffini tells analyst call: To open 9 stores in second half of 2016, after opening 6 in H1 Further company coverage: [MONC.MI] (Reporting by Milan Newsroom).  Full Article

Moncler says April, May going well, in line with Q1 trend
Tuesday, 10 May 2016 

Moncler Chief Corporate Officer Luciano Santel tells analysts on a conference call: April and May going well, in line with expectations and in line with trend of Q1 . too early to comment on analysts consensus expectations for full year, but assumptions seem "reasonable" Further company coverage: [MONC.MI] (Reporting by Milan newsroom).  Full Article

Moncler SpA tightens anti-cruelty checks on goose down suppliers - Reuters News
Wednesday, 20 Apr 2016 

Moncler SpA:Moncler said on Wednesday it had started an external audit of its suppliers to ensure they did not mistreat geese - RTRS.In 2014, the company denied allegations of animal mistreatment after a programme on Italian state television RAI accused down jacket makers of using inhumane methods to pluck geese, sending its shares down.Company officials said the group had hired independent inspectors to audit its suppliers and make sure they respected the terms of their contract with Moncler, which include a ban on the live plucking of geese and on the use of force-fed animals.The inspectors, from a specialised company called Control Union, carried out 120 audits in 2015, the officials said."For the first time we now have a protocol to trace the source of our down. We have conducted detailed audits at our suppliers," Moncler Chief Financial Officer Luciano Santel said at the company's annual shareholder meeting.Moncler says on its website that geese used for its jackets, which can cost more than 1,000 euros, "must be treated in a way that does not cause them any kind of suffering.".  Full Article