LVMH deal spurs rally in Moncler, speculation about luxury sector …
WEB3 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
WEB3 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 prepares for a long winter with Arnault’s Moncler deal
WEB11 hours ago · And, along the way, Moncler could transform itself into an Italian LVMH — making it an even more useful addition to Arnault’s portfolio. LVMH has acquired a 10% stake in Double R, the investment vehicle through which the Ruffini family holds its interest in Moncler. Double R owns a 15.8% stake in Moncler, implying an indirect 1.58% for …
LVMH Prepares for a Long Winter With Arnault’s Moncler Deal
WEB16 hours ago · Save. Bernard Arnault just got a hotline to some more bling. But he might have to wait for the call. His LVMH Moet Hennessy Louis Vuitton SE has agreed to invest in Moncler SpA, the Italian luxury ...
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB3 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 ...
LVMH backs Moncler chief to increase his stake in luxury jacket …
WEB3 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's latest acquisition: $2,000 jacket maker Moncler - Fortune
WEB3 days ago · LVMH has the option to increase its stake in Double R up to 22%, which would increase its indirect stake in Moncler to over 4%. The move marks LVMH founder Bernard Arnault’s latest deal as he...
LVMH Expands Industry Influence With Investment in Moncler
WEB3 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
WEB3 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 ...
Moncler CEO Strengthens Grip on Company With LVMH Deal
WEB4 days ago · Reuters. 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.
- Some results have been removed