X

Milan Debut of Moleskine Gives Positive Outlook

Posted: Apr. 17th, 2013  |  By Michael Pearse
Moleskine

Milan's stock market showed significant, and hopeful, strength when the market debuted the luxury notebook producer Moleskine. Despite a broad index down 0.5%, Moleskine has stayed up since its debut and is doing well enough to give hope that the rest of Italy's market (and economy) will follow suit.

Shares in luxury notebook maker Moleskine rose in their market debut in Milan on Wednesday, defying broad market weakness in this year’s first major stock listing in crisis-hit Italy.

The maker of notebooks based on originals used by Ernest Hemingway and Bruce Chatwin is the first company to join the main Milan stock market since the listing of cashmere brand Brunello Cucinelli nearly a year ago.

Shares in Moleskine rose nearly 3% in early trading, outperforming Italy’s broad share index, which was down 0.5%, underlining investor interest in brands that appeal to style-conscious consumers.

Read More on bdlive.co.za
Write a Story/Review about this topic

Post a Comment

 

Best Things To Do >

In a city that offers a wide array of things to see and do, deciding where to start can sometimes prove to be a challenge. View All Things To Do in Milan >

The Best Restaurants >

Here, you will find only the finest restaurants, each which has been carefully selected based on its cuisine, ambiance, location, chef, awards and reviews. View All Milan Restaurants >

The Best Nightlife >

From multi-level dance clubs and celebrity hotspots to popular watering holes and jazz clubs, experience the local nightlife scene at its finest with our list of top recommendations. View All Milan Nightlife >

The Best Art & Culture >

Before your next luxury trip to the city, be sure to check out some of our favorite local landmarks, cultural attractions, and diverse blend of museums and art galleries. View All Milan Culture >

Best Designer Shops >

From the best shopping districts, department stores, and local boutiques, you're sure to find the shopping destination that best suits your needs. View All Milan Shops >
Luxury Hotels in Milan >

Best Milan Hotel Rates

The Westin Palace Milan

Sale! Save 20% on this Stay. from 171.14 USD *

Pierre Milano

from 142.92 USD *

Petit Palais

from 219.30 USD *

Hotel De La Ville

from 280.36 USD *

Grand Hotel Et De Milan

from 393.18 USD *

Park Hyatt Milan

from 519.92 USD *

Seven Stars Galleria

from 555.09 USD *
See All Specials For Milan Luxury Hotels >

* Lowest nightly rate based on select dates. Please click on hotel for details.

JustLuxe.com Luxury NEWS >