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Milan-based Moncler, famed for its upmarket puffer jackets and one of the industry's biggest success stories in recent years, had been seen as a potential acquisition target or merger candidate ...
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 ...
French luxury heavyweight LVMH is investing in Moncler in a transaction that gives it a seat on the board of the Italian fashion company, best known for its pricey puffer jackets. The deal further ...
LVMH gained as much as 3.7% in Paris. Moncler, which sells down jackets that can cost €5,500, has more than quadrupled its sales over the past decade, to almost €3 billion. Earlier this year, the ...
The iconic Moncler down jacket was not a creation of Remo Ruffini, but of René Ramillon and André Vincent, namely the founders of the company. In the beginning, Moncler was mainly engaged in the ...
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 ...
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 ...
How else to explain the delightful, if seemingly out-of-left-field, collaboration that is LoveFrom, Moncler ... consists of a “core” down jacket and three outer “shells,” taking the ...