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Moncler, the maker of trendy goose down jackets, wants to wait at least a year before floating its shares in Milan to focus on expanding globally, its president and creative director Remo Ruffini said. The maker of 1,000 euro ($1,390) shiny black Moncler jackets, which have become popular among the fashion-conscious, had initially said it aimed to float by the spring or summer of 2011.Moncler is a famous name which is familiar to anyone who loves the mountains and easy wear. The Moncler products are very popular all over the world, especially Moncler jackets. The name comes from the abbreviation of Monestier de Clermont, a place near Grenobie where, in 1952 Rene Ramillion and Andre Vincent founded what would become one of the most famous jackets companies.Throughout the 1980's Moncler started to get a fashion following with people wearing their Moncler jackets away from the slopes and in urban areas which helped boost the brands profile, popularity and profits. Moncler was a dormant brand generating sales of 45 million euros when Ruffini bought control in 2003.Since then, Moncler was turned into a hot brand generating double-digit margins on annual sales of about 400 million euros.The company will next month start selling its new Grenoble collection which will be more technical and ski-oriented than existing jackets. However it is closing its plant in Grenoble.Moncler, which opened a big store in New York's Soho last month, its second in the United States after Aspen, is looking to open in Chicago and in downtown Boston soon.By year end Ruffini said Moncler would have 38 directly operated stores and would next year open another 10 to 12 stores in countries such as China as well as in Berlin and Vienna. Ruffini said the company exports about 60 percent of its production and by 2013 wanted to export 75 percent.To get the news about the latest Moncler jackets, Moncler vest, moncler coats Moncler shoes Moncler kids, Moncler sweaters and other Moncler products, you can also pay attention to our Moncler online shop-----www.newestmonclerdownjacket.com. Article Tags: Ruffini Said, Moncler Jackets
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