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LVMH deal spurs rally in Moncler

LVMH deal spurs rally in Moncler, speculation about luxury sector M&A

Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling speculation about the long-term intentions of the owner of Louis Vuitton and Moet & Chandon champagne.

Bloomberg on MSN · 15h

LVMH Invests in Luxury Outdoor Brand Moncler

LVMH is investing in designer outerwear label Moncler SpA in a deal that will give the French luxury conglomerate a seat on the Italian company’s board.LVMH Moët Hennessy Louis Vuitton SE is buying a 10% stake in Double R,

Wall Street Journal · 17h

LVMH Expands Industry Influence With Investment in Moncler

LVMH is investing in Moncler in a transaction that gives the luxury heavyweight a seat on the board of the Italian fashion company, best known for its pricey puffer jackets.

China, Bernard Arnault and LVMH

Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH’s Actual Business Is Another Story

Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant stimulus measures announced by China’s central bank earlier this week have reinvigorated LVMH’s stock price and renewed hopes for the country’s sluggish luxury sector as a whole.

Fortune on MSN · 1d

Bernard Arnault bumped back to the world’s fourth richest man—thanks to China’s multibillion-dollar stimulus

China's stimulus measures boosted shares across the world, including those of luxury companies like LVMH, shoring up Bernard Arnault's wealth.

invezz on MSN · 10h

LVMH’s Bernard Arnault sees net worth soar $17B in one day following China’s stimulus announcement

The wealth of Bernard Arnault, chairman of LVMH, skyrocketed by $17 billion in a single day after China unveiled a robust economic stimulus package. These measures aimed at revitalizing the country’s faltering economy prompted a surge in LVMH stock,

4h

LVMH invests in maker of $2,000 TikTok-viral ski jacket

Moncler has become all the rage in recent years under Remo Ruffini’s leadership—and LVMH was probably drawn to its success.

13hon MSN

LVMH's Bernard Arnault set to overtake Mark Zuckerberg as the world's 3rd-richest person after $24 billion wealth surge

China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $201 ...

10h

LVMH is investing in $2,000 ski jacket maker Moncler, which has quadrupled sales in a decade and become a TikTok sensation

Moncler has become a rage in recent years under Remo Ruffini's leadership—and LVMH was probably drawn to its luxury ...

4d

China-EU trade spat’s next swipe may hit LVMH

Few Western corporate chieftains command as much attention in China as Bernard Arnault. The 75-year-old boss of $340 billion ...

2d

Benard Arnault added $6 billion to his net worth in a day after China's stimulus sparked a rally in luxury stocks

Bernard Arnault owns about half of LVMH, which includes luxury brands like Louis Vuitton, Dior, Tiffany & Co., and TAG Heuer, ...

1d

Hermès boss doesn’t like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker

Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to ...

9h

Europe's STOXX 600 at all-time high as China-exposed firms revel in stimulus boost

Europe's STOXX 600 share index closed at a record high on Friday as companies and sectors exposed to China continued to rally ...

Yahoo Finance14h

LVMH Moët buys stake in Moncler, shares rally

Shares of LVMH Moët Hennessy Louis Vuitton (LVMUY) and Moncler S.p.A (MONRY) are trading higher in Friday's session ...

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