LVMH deal spurs rally in Moncler, speculation about luxury sector …
WEB5 days ago · Shares in Moncler, which had fallen 6.5% this year, jumped as much as 15% in early trade after it was announced late on Thursday that LVMH had purchased a 10% stake in Double R, the investment ...
Moncler CEO strengthens grip on company with LVMH deal
WEB6 days ago · MILAN/PARIS, Sept 26 (Reuters) - Moncler's , opens new tab Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH , opens new tab ...
LVMH backs Moncler chief to increase his stake in luxury jacket …
WEB5 days ago · It has the option of increasing that stake to up to 22 per cent. Under the terms of the agreement, using LVMH funds, Double R will increase its stake in Moncler to up to 18.5 per cent over the ...
LVMH deal spurs rally in Moncler, speculation about luxury sector …
WEB6 days ago · PARIS (Reuters) -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...
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
WEB5 days ago · 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.
LVMH backs Moncler CEO to increase stake in the company, FT says
WEB4 days ago · LVMH has bought a 10% stake in Double R, the entity through which Moncler CEO Remo Ruffini owns 15.8% of the business. Under the agreement, using LVMH funds, Double R will increase its stake in ...
LVMH Expands Industry Influence With Investment in Moncler
WEB5 days ago · 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.
Moncler CEO Strengthens Grip on Company With LVMH Deal
WEBReuters. 26 September 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.
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB6 days ago · 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 ...
Moncler CEO strengthens grip on company with LVMH deal
WEB6 days ago · 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 ...