LVMH backs Moncler chief to increase his stake in luxury jacket …
WEB9 hours ago · 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 ...
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB19 hours ago · Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder. More from WWD. LVMH purchased a 10 percent stake in Double R ...
LVMH teams up with Moncler’s Remo Ruffini: Why it matters
WEB19 hours ago · 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 purchased a 10 per cent stake in Double R, the investment vehicle controlled by Remo ...
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
WEB8 hours 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 ...
LVMH, Remo Ruffini Partner to Raise Stake in Moncler
WEB11 hours ago · The funds from that increase will go toward Double R increasing its stake in Moncler up to a maximum of 18.5% from approximately 15.8% over the next 18 months, the companies said. As an indirect ...
Remo Ruffini partners with LVMH
WEB17 hours ago · Ruffini Partecipazioni Holding, Remo Ruffini’s holding company, and LVMH Moët Hennessy – Louis Vuitton announce that today LVMH, through a special purpose vehicle, purchased a 10% stake in Double R (the investment vehicle controlled by Ruffini Partecipazioni Holding) that owns a direct stake in Moncler equal to approximately 15.8%.
Moncler CEO strengthens grip on company with LVMH deal
WEB17 hours ago · Advertisement. 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 ...
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini
WEBLVMH 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 Thursday. Financial terms of the deal weren’t disclosed. Moncler has become a popular brand ...
LVMH Invests in Moncler Through Deal With CEO Ruffini
WEB8 hours ago · French luxury heavyweight LVMH MC 2.96% 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
WEB1 day ago · 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.
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