Nice Ski Jacket, but $1,600? We're Schuss Sayin'
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Moncler, a luxury ski-jacket company with 100 stores, ended its first day of trading Monday with a market value of $5.1 billion. Its 47 percent rise was the best first day of trading this year among European initial public offerings of more than $1 billion.
If you missed out on the IPO, don't worry -- you can still invest $1,600 in a jacket.
Now, should you? Loot looked at the rest of the ski-jacket market, using Moncler's Grenoble Orohena as a basis of comparison. The Orohena has a waterproof exterior and down insulation. It is trim, waist-length and, at $1,560, priced in the middle tier of Moncler's apparel. The alternatives are also waterproof and insulated with down: