Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB5 days ago · Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his position as Moncler’s largest shareholder. More from WWD. LVMH purchased a 10 percent stake in Double R ...
LVMH teams up with Moncler’s Remo Ruffini: Why it matters
WEB5 days ago · Ruffini — a second-generation fashion entrepreneur —acquired Moncler in 2003. Moncler Group went public in 2013 with a “survive fashion” motto and today has a market capitalisation of €14.33 billion. Arnault’s reputation as a dealmaker is well established — LVMH counts 75 brands and snapped up Tiffany & …
Moncler CEO strengthens grip on company with LVMH deal
WEB5 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 ...
LVMH, Remo Ruffini Partner to Raise Stake in Moncler
WEB5 days ago · LVMH, Remo Ruffini Partner to Raise Stake in Moncler. Published: Sept. 27, 2024 at 2:08 a.m. ET. ... Dow Jones Newswires is a market-moving financial and business news source, used by wealth ...
Remo Ruffini partners with LVMH
WEB5 days ago · Ruffini Partecipazioni Holding, Remo Ruffini’s holding company, and LVMH Moët Hennessy – Louis Vuitton announce that today LVMH, through a special purpose vehicle, purchased a 10% stake in Double R (the investment vehicle controlled by Ruffini Partecipazioni Holding) that owns a direct stake in Moncler equal to approximately 15.8%.
Moncler CEO strengthens grip on company with LVMH deal
WEB5 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 ...
Moncler CEO Strengthens Grip on Company With LVMH Deal
WEB6 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 Shares Soar on Partnership With Moncler’s Remo Ruffini
WEB4 days ago · Over the next 18 months, Double R will purchase additional shares of Moncler, potentially increasing Ruffini’s stake to 18.5%. The acquisitions will be funded by LVMH, which could boost its ...
Remo Ruffini partners with LVMH to increase his stake in Moncler
WEBLVMH has purchased a 10 percent stake in Double R, the investment vehicle controlled by Remo Ruffini’s holding company, Ruffini Partecipazioni Holding that owns a direct stake in Moncler equal to approximately 15.8 percent. The company said in a statement that the partnership between Ruffini Partecipazioni Holding and LVMH, will reinforce ...
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini (2)
WEBAngelina Rascouet. 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 buying a 10% stake in Double R, the investment vehicle controlled by Moncler Chairman and Chief Executive Officer Remo Ruffini ...