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LVMH deal spurs rally in Moncler
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
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 and Moet & Chandon champagne.
LVMH Invests in Moncler Through Deal With CEO Ruffini
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 Invests in Luxury Outdoor Brand Moncler
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.
LVMH takes stake in Moncler, fuelling speculation about luxury sector M&A
Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist.
LVMH puts its stamp on Moncler’s style
That would give LVMH a see-through stake of up to 4 per cent. Moncler will continue to be controlled by Ruffini. It is not hard to see why Ruffini welcomed LVMH’s interest. His hold on Moncler had been weakened by an outflow of co-controlling partners,
LVMH Invests in Moncler Through Ruffini Deal
The Moncler share price very volatile this morning. It seems this might have been something of a surprise to a number of people. I mean, does it make sense to you this takin
LVMH Expands Industry Influence With Investment in Moncler
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.
16h
LVMH's Bernard Arnault overtakes Mark Zuckerberg to become 3rd-richest person after $30 billion wealth surge
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $207 ...
24m
Bernard Arnault overtakes Mark Zuckerberg on wealth rankings following $30 billion boost
"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry ...
4d
on MSN
LVMH’s Head of Sephora, Department Store Division to Leave
The head of LVMH’s business unit that operates the Sephora beauty chain and Parisian department stores is leaving the luxury ...
1h
How a micro miniskirt helped Prada buck the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the few luxury success stories ...
3d
LVMH is investing in $2,000 ski jacket maker Moncler, which has quadrupled sales in a decade and become a TikTok sensation
Moncler has become a rage in recent years under Remo Ruffini's leadership—and LVMH was probably drawn to its luxury ...
1d
LVMH And Hermes International, Luxury Alpha
Discover why luxury companies like LVMH and Hermès are solid investments worth considering for long-term growth in your ...
3d
Hermès boss doesn’t like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker
Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to ...
3d
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
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