Europe’s biggest luxury stock, LVMH, got added impetus from an announcement it would invest in designer outdoor label Moncler, in a deal that will give it a seat on the Italian company’s board.

Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist.

The week for the financial markets ended in positive territory. Acting as an assist to the stock lists, not only ...

Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling ...

In corporate news, Moncler Spa (MONC.M.DX) climbed over +9% after French luxury giant LVMH secured a deal to invest in Double R, an investment vehicle controlled by Moncler. France’s CPI (preliminary) ...

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

Today on Catalysts, hosts Seana Smith and Madison Mills delve into economic data, trending market names, and developments in ...

British equities ended the week on a high note on signs US inflation is continuing to ease, boosting the view that the ...

The Fed had long been keeping its main interest rate at a two-decade high in hopes of slowing the economy enough to stifle ...

Moncler's rally, along with Chinese news, has dragged all fashion stocks up after months of decline. Banks are also doing well. Stellantis bounces back ...

(Alliance News) - Stock prices in London closed higher on Friday, ending the week strongly, as stimulus measures in China continued to give equities a shot in the arm. The FTSE 100 index ended up ...