Remo Ruffini Teams With LVMH to Increase His Stake in Moncler
WEB3 days ago — Remo Ruffini. Remo Ruffini has found a new partner in Bernard Arnault ’s LVMH Moët Hennessy Louis Vuitton. Ruffini teamed with LVMH on Thursday, forging a deal that will help him strengthen his ...
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 ...
LVMH teams up with Moncler’s Remo Ruffini: Why it matters
WEB3 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 & …
LVMH, Remo Ruffini Partner to Raise Stake in Moncler
WEB3 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
WEB3 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%.
LVMH Shares Soar on Partnership With Moncler’s Remo Ruffini
WEB3 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 ...
LVMH Invests in Moncler Through Deal With CEO Remo Ruffini
WEBLVMH 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, which itself owns a 15.8% stake in Moncler, the companies said in a statement Thursday. Financial terms of the deal weren’t disclosed. Moncler has become a popular brand ...
Moncler CEO strengthens grip on company with LVMH deal
WEB3 days ago — Advertisement. 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 ...
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.
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 ...