LVMH deal spurs rally in Moncler, speculation about luxury sector …
Sep 27, 2024 — 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...
LVMH backs Moncler chief to increase his stake in luxury jacket …
Sep 27, 2024 — LVMH has struck a deal with the chief executive of Moncler to take an up to 22 per cent stake in the investment vehicle that controls the Italian luxury outerwear specialist.
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
Sep 27, 2024 — French luxury heavyweight LVMH is investing in Moncler in a transaction that gives LVMH a seat on the board of the Italian fashion company, best known for its pricey puffer jackets.
Moncler CEO strengthens grip on company with LVMH deal
Sep 26, 2024 — MILAN/PARIS (Reuters) -Moncler's Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will partner with Ruffini to fund an...
Moncler CEO Strengthens Grip on Company With LVMH Deal
Sep 26, 2024 — Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment company that is Moncler’s biggest shareholder. The deal also strengthens French group LVMH’s dominance of the global luxury sector.
Moncler CEO strengthens grip on company with LVMH deal
MILAN/PARIS, Sept 26 (Reuters) - Moncler's (MONC.MI) Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH (LVMH.PA), which will...
Moncler CEO Strengthens Grip on Company With LVMH Deal - U.S. News
Sep 26, 2024 — MILAN/PARIS (Reuters) -Moncler's Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will partner with Ruffini to fund an...
LVMH Invests in Luxury Outdoor Brand Moncler - Bloomberg
Sep 26, 2024 — 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.
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
Sep 26, 2024 — Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder. LVMH purchased a 10 percent stake in Double R, the investment...
Italy's Moncler shares trade higher after LVMH deal - RTÉ
Sep 27, 2024 — Moncler shares, which had fallen 6.5% so far this year, were up as high as 10% in early morning trading, set for their best day since January, according to LSEG data. LVMH, down 7.5%...