Moncler CEO cuts stake after stock surges

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Moncler CEO cuts stake after stock surges

Moncler_Remo_Ruffini_Alamy_575_375

Remo Ruffini, the Italian fashion billionaire, has offloaded €412m of shares in Moncler, the luxury goods company famous for its down jackets, through an accelerated bookbuild on Tuesday night.

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