LVMH, Moncler and remo ruffini
Reuters · 6d
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.
U.S. News & World Report · 7d
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.
The Financial Times · 6d
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,
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