LVMH backs Moncler CEO to increase stake in the company, FT says
WEB2 days ago · Under the agreement, using LVMH funds, Double R will increase its stake in Moncler to up to 18.5%. Ruffini will continue to control Double R, but LVMH will be able to appoint two of its board ...
LVMH deal spurs rally in Moncler, speculation about luxury sector …
WEB3 days ago · Moncler shares jump as much as 15% on news of the deal; ... Ruffini has fuelled Moncler's growth through buzzy collaborations with fashion designers and celebrity-packed events, as well as ...
Moncler CEO strengthens grip on company with LVMH deal
WEB3 days ago · MILAN/PARIS, Sept 26 (Reuters) - Moncler's (MONC.MI), opens new tab Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH (LVMH.PA ...
Remo Ruffini partners with LVMH
WEB3 days ago · The governance structure confirms Remo Ruffini’s sole control over Double R and provides, among others, for the right of LVMH to appoint two members to the Board of Double R and one member to the Board of Moncler. Remo Ruffini, Chairman and CEO of Moncler, said: “This partnership reinforces Double …
Remo Ruffini Teams With LVMH to Increase His Stake in Moncler …
WEB3 days ago · Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder. LVMH purchased a 10 percent stake in Double R, the investment ...
Moncler CEO Strengthens Grip on Company With LVMH Deal
WEB4 days ago · Reuters. 26 September 2024. Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment company that is Moncler’s biggest shareholder. The deal also strengthens French group LVMH’s dominance of the global luxury sector.
LVMH Invests in Moncler Through Deal With CEO Ruffini — Update
WEB3 days ago · Under the agreement, LVMH is buying a 10% stake in Double R--an investment vehicle controlled by Ruffini's holding company--in an agreement that will see Double R buy additional Moncler shares ...
LVMH Invests in Moncler Through Deal With CEO Ruffini
WEB3 days ago · French luxury heavyweight LVMH MC 2.83% is investing in Moncler MONC 9.37% in a transaction that gives LVMH a seat on the board of the Italian fashion company, best known for its pricey puffer...
LVMH Expands Industry Influence With Investment in Moncler
WEB3 days ago · LVMH is investing in Moncler in a transaction that gives the luxury heavyweight a seat on the board of the Italian fashion company, best known for its pricey puffer jackets.
Moncler CEO strengthens grip on company with LVMH deal
WEB3 days ago · 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 ...