Moncler was originally a French company. It was bought during the 1990s by the Pepper group and this group was itself bought by the Italian group Fin Part in 1998 which then owned the Cerruti brand. The artistic director of the group, of Italian nationality, bought the majority of the brand a few years later, taking a little more than half of the shares. Even today, he is the artistic director of the group as well as CEO and owns 32% of the company's capital.