Italy's Moncler shares seen jumping after LVMH deal | Reuters
WEB2 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
WEB2 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 Deal Spurs Rally in Moncler, Speculation About Luxury
WEB2 days ago · Analysts said the news would likely revive speculation of a potential takeover of Moncler in the long term, but focused on the near-term advantages of the deal for LVMH, which reinforced its ...
LVMH Expands Industry Influence With Investment in Moncler
WEB2 days ago · French luxury heavyweight LVMH MC 2.90% is investing in Moncler MONC 9.57% in a transaction that gives LVMH a seat on the board of the Italian fashion company, best known for its pricey puffer ...
Moncler CEO strengthens grip on company with LVMH deal
WEB2 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 ...
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
WEB2 days ago · Sep 27, 2024 1:30am. By Andrea Figueras and Pierre Bertrand. French luxury heavyweight LVMH is investing in Moncler in a transaction that gives LVMH a seat on the board of the Italian fashion ...
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB2 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
WEB3 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.
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini
WEBLVMH 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 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 ...
LVMH backs Moncler CEO to increase stake in the company, FT says
WEB1 day 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 ...
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