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 ...

The narrative on European luxury-goods stocks has flipped in the space of a week.Most Read from BloombergVanderbilt Leases ...

- Asia closed higher with Hang Seng outperforming +3.6%. EU indices are +0.2-0.6%. US futures are -0.1% to -0.2%. Gold -0.4%, DXY +0.1%; Commodity: Brent +0.3%, WTI +0.4%; Crypto: BTC +3.2%, ETH +1.8% ...

China’s Shanghai Composite Index (SHCOMP) closed up +2.88%, and Japan’s Nikkei 225 Stock Index (NIK) closed up +2.32%. China’s Shanghai Composite Index closed sharply higher today, logging its best ...

The French giant enters the capital of Moncler by acquiring 10% of Double R, the investment vehicle of Remo Ruffini, with the ...

French luxury heavyweight LVMH is investing in Moncler in a transaction that gives LVMH a seat on the board of the Italian ...

Moncler surged on Friday after LVMH bought a 10% stake in Double R, the investment vehicle controlled by the holding company ...

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 ...

European equities tested new record high levels on Friday as China’s latest stimulus measures and upbeat data from the US ...

European shares held firm at the open on Friday and nudged within sight of fresh records after strong gains in Asia and the US overnight on the back of Chinese stimulus measure to boost the world’s ...

Diego Della Valle, chief executive of Tod’s, struck a deal with LVMH to take a minority stake in the company in 2021. It was ...