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) ...

European equities hit a record high Friday, boosted by China’s slew of stimulus measures and growing conviction that US and ...

Moncler's rally, along with Chinese news, has dragged all fashion stocks up after months of decline. Banks are also doing well. Stellantis bounces back ...

(Alliance News) - Stock prices in London closed higher on Friday, ending the week strongly, as stimulus measures in China continued to give equities a shot in the arm. The FTSE 100 index ended up ...

LVMH has taken a 10 % stake in Italian luxury brand Moncler, gaining a seat on its board of directors in the process.

LVMH has a seat on the board of Moncler, an outdoor brand largely known for its ski jackets. The French fashion conglomerate ...

Shares of LVMH Moët Hennessy Louis Vuitton (LVMUY) and Moncler S.p.A (MONRY) are trading higher in Friday's session following LVMH's acquisition of a stake in Moncler. Wall Street is viewing this move ...

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 ...

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 ...