LVMH deal spurs rally in Moncler
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
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 Louis Vuitton and Moet & Chandon champagne.
LVMH Invests in Luxury Outerwear Label Moncler Through New Deal
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 partial owner of Moncler.
LVMH Invests in Luxury Outdoor Brand Moncler
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.
Bubble Up: LVMH Makes Investment Into Moncler
It seems LVMH is looking to increase their portfolio within the luxury apparel sector. The conglomerate has made an investment into Moncler.
Moncler CEO Strengthens Grip on Company With LVMH Deal
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 expanded investment in the Italian company.
Opinion
LVMH Prepares for a Long Winter With Arnault’s Moncler Deal
His LVMH Moet Hennessy Louis Vuitton SE has agreed to invest in Moncler SpA, the Italian luxury brand best known for the padded down jacket worn by Drake in the “Hotline Bling” music video.
LVMH puts its stamp on Moncler’s style
That would give LVMH a see-through stake of up to 4 per cent. Moncler will continue to be controlled by Ruffini. It is not hard to see why Ruffini welcomed LVMH’s interest. His hold on Moncler had been weakened by an outflow of co-controlling partners,
LVMH Expands Industry Influence With Investment in Moncler
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.
LVMH Invests in Moncler Through Ruffini Deal
The Moncler share price very volatile this morning. It seems this might have been something of a surprise to a number of people. I mean, does it make sense to you this takin
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Mytheresa Takes a Trip to Italy With Exclusive Collections From Moncler, Tod’s and Loro Piana
Mytheresa is gearing for the winter months with a rapid-fire launch of cozy capsules from three Italian luxury brands.