Monday’s most fashionable stock on the Milan market was Moncler.<br /><br />Its shares jumped more than 40 percent on their first day of trading.<br /><br />The prospect of strong revenue growth by the Italian maker of luxury winter jackets down-filled jackets had investors scrambled for them after sales rose by 35 percent last year. <br /><br />Just under a third of the company was sold by Moncler’s main shareholders raising at least 681 million euros. <br /><br />Buyers of the shares reportedly included rival luxury goods firms and sovereign wealth funds from Qatar, Singapore, Abu Dhabi and China.
