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SALINA, ITALY - 20 AUGUST 2016: Remo Ruffini, CEO and creative director of Moncler, poses for a portrait in the terrace of Hotel Signum overlooking the Aeolian Islands in Salina, Italy, on August 20th 2016.

Moncler is a French apparel manufacturer and lifestyle brand founded in 1952 by René Ramillon most known for its down jackets and sportswear. In 2003, the brand was bought by the Italian entrepreneur Remo Ruffini, who took it public in 2013 in one Italy's largest IPOs in years.

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20160820_FT_RemoRuffini
SALINA, ITALY - 20 AUGUST 2016: Remo Ruffini, CEO and creative director of Moncler, poses for a portrait in the terrace of Hotel Signum overlooking the Aeolian Islands in Salina, Italy, on August 20th 2016.<br /> <br /> Moncler is a French apparel manufacturer and lifestyle brand founded in 1952 by René Ramillon most known for its down jackets and sportswear. In 2003, the brand was bought by the Italian entrepreneur Remo Ruffini, who took it public in 2013 in one Italy's largest IPOs in years.