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LVMH deal spurs rally in Moncler
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 Moët Hennessy Louis Vuitton SE is buying a 10% stake in Double R,
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
By Mimosa Spencer and Anna Pruchnicka PARIS (Reuters) -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.
Moncler surges on LVMH deal
Moncler surged on Friday after LVMH bought a 10% stake in Double R, the investment vehicle controlled by the holding company owned by Moncler chief executive and chairman Remo Ruffini.
FIRSTonline
2h
Moncler flies to Piazza Affari after LVMH's entry into Remo Ruffini's holding: here are the details
The French giant enters the capital of Moncler by acquiring 10% of Double R, the investment vehicle of Remo Ruffini, with the ...
19h
Moncler: From K2 To The Red Carpet
Discover Moncler's impressive growth under CEO Remo Ruffini, driven by strategic initiatives like the Moncler Genius project ...
4h
LVMH acquires stake in Moncler
LVMH has acquired a 10% stake in Moncler CEO Remo Ruffini’s investment company that is the Italian luxury label's biggest ...
2d
Moncler Launching Outerwear Collection With Jony Ive and LoveFrom Collective
Moncler has developed a new high-quality recycled nylon exclusively for the collaboration with LoveFrom. The yarn-dyed fibers ...
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