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
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.
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
Sep 26, 2024 · Remo Ruffini has found a new partner in Bernard Arnault ’s LVMH Moët Hennessy Louis Vuitton. Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as...
LVMH backs Moncler chief to increase his stake in luxury jacket …
Sep 27, 2024 · Bernard Arnault’s group has bought a 10 per cent stake in Double R, the entity through which Moncler chair and chief executive Remo Ruffini owns 15.8 per cent of the business, via a special...
LVMH teams up with Moncler’s Remo Ruffini: Why it matters
Sep 26, 2024 · LVMH and Moncler chairman and CEO Remo Ruffini announced a partnership that will reinforce Ruffini’s position as the largest shareholder of Moncler, according to a press release LVMH and Ruffini Partecipazioni Holding sent out jointly on Thursday.
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
Sep 27, 2024 · The deal between LVMH and a holding company controlled by Remo Ruffini, Moncler's chief executive, gives LVMH an indirect stake in Moncler while reinforcing Ruffini's position as Moncler's...
LVMH, Remo Ruffini Partner to Raise Stake in Moncler
Sep 27, 2024 · LVMH Moet Hennessy Louis Vuitton and Moncler Chief Executive and Chairman Remo Ruffini have teamed up to help Ruffini increase his stake and reinforce his position as Moncler's largest...
LVMH Invests in Luxury Outdoor Brand Moncler - Bloomberg
Sep 26, 2024 · LVMH Moët Hennessy Louis Vuitton SE is buying a 10% stake in Double R, the investment vehicle controlled by Moncler Chairman and Chief Executive Officer Remo Ruffini, which itself owns a 15.8%...
Moncler chief on defying China’s new normal to ‘build the …
Oct 21, 2024 · Despite the economic uncertainty weighing on China’s middle-class consumers and a government crackdown on ostentatious displays of wealth, Moncler’s chief executive Remo Ruffini sees value in...
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini (2)
LVMH Moët Hennessy Louis Vuitton SE is buying a 10% stake in Double R, the investment vehicle controlled by Moncler Chairman and Chief Executive Officer Remo Ruffini, which itself owns a 15.8% stake in Moncler, the companies said in a statement late Thursday. Financial terms of the deal weren’t disclosed.