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Fashion sense

14 February 2020 By Lisa Jucca

Carlyle is selling the Italian fashion brand to Permira for 1.3 bln euros, three times what it paid in 2017. It’ll be the fourth buyout shop to back it. Fast growth explains the appeal and a luxury valuation of 13 times EBITDA. Moncler buoys the case for a deal to pay off again.

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