LVMH backs Moncler chief to increase his stake in luxury jacket maker
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 delisted from the Milan stock exchange this year in a deal with LVMH-backed private equity firm L Catterton. LVMH owns more than 75 brands, including Louis Vuitton and Dior.