LVMH has a seat on the board of Moncler, an outdoor brand largely known for its ski jackets. The French fashion conglomerate ...
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $201 ...
Arnault is no stranger to early bookings. He took a 3.2 per cent stake in Tod’s upon its flotation in 2000. The group has now ...
Moncler has become a rage in recent years under Remo Ruffini's leadership—and LVMH was probably drawn to its luxury ...
In corporate news, Moncler Spa (MONC.M.DX) climbed over +9% after French luxury giant LVMH secured a deal to invest in Double R, an investment vehicle controlled by Moncler. France’s CPI (preliminary) ...
Remo Ruffini, Chairman and Chief Executive Officer (CEO) of Moncler SpA, and LVMH are joining forces. The luxury goods group ...
The China play looks to be back in full swing across European markets, with sectors exposed to the Chinese market leading gains on Friday. The Stoxx Europe 600 Index was rising 0.3%, with luxury and ...
European shares powered to fresh intra-day highs on Friday after strong gains in Asia overnight on the back of Chinese ...
Shares of LVMH Moët Hennessy Louis Vuitton (LVMUY) and Moncler S.p.A (MONRY) are trading higher in Friday's session following ...
European equities tested new record highs Friday, boosted by China’s slew of stimulus measures and growing conviction that US ...
Under the terms of the deal, LVMH will further increase its stake in Double R up to a maximum of about 22%. The funds from that investment will go toward Double R increasing its stake in Moncler to up ...
By Mimosa Spencer and Anna Pruchnicka PARIS (Reuters) -Shares in Moncler rose sharply on Friday after French rival LVMH ...