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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 ...
Moncler shares, which had fallen 6.5% so far this year, were up as high as 10% in early morning trading, set for their best day since January, according to LSEG data. LVMH, down 7.5% year-to-date ...
Investing.com -- Shares of Moncler jumped on Friday after LVMH said it had purchased a 10% stake in Double R, the investment vehicle of Remo Ruffini, which holds 15.8% of Moncler. At 4:07 AM (0807 ...
LVMH has a seat on the board of Moncler, an outdoor brand largely known for its ski jackets. The French fashion conglomerate acquired a 10% stake in the investment vehicle Double R, which is a ...
(Bloomberg) -- 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 ...
Its style is similar to Moncler's in the sense that it deals mainly in heavy apparel rather than just T-shirts: it too is leveraging more on DTC sales rather than wholesale. To date, Stone Island ...
MILAN/PARIS (Reuters) -Moncler's Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will partner with Ruffini to fund an ...
LVMH and Moncler chairman and CEO Remo Ruffini announced a partnership that will reinforce Ruffini’s position as the largest shareholder of Moncler, according to a press release LVMH and Ruffini ...