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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 Moncler Through Deal With CEO Ruffini
French luxury heavyweight LVMH is investing in Moncler in a transaction that gives LVMH a seat on the board of the Italian fashion company, best known for its pricey puffer jackets.
LVMH takes stake in Moncler, fuelling speculation about luxury sector M&A
Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist.
19h
on MSN
LVMH's Bernard Arnault overtakes Mark Zuckerberg to become 3rd-richest person after $30 billion wealth surge
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $201 ...
2d
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
Observer
1d
Bernard Arnault’s Fortune Is Soaring on China Stimulus—LVMH Is Another Story
Arnault’s good fortune is largely tied to recent economic developments in China, one of LVMH’s largest markets. Significant ...
1d
Hermès boss doesn’t like the company being compared to archrival LVMH, which once tried to buy the Birkin bag maker
Hermès has sparred with LVMH before. Fending off the Arnault-owned luxury giant’s takeover attempt eventually led Hermès to ...
voguebusiness
2d
LVMH teams up with Moncler’s Remo Ruffini: Why it matters
The French luxury conglomerate has acquired a 10 per cent stake in Ruffini’s investment vehicle, Double R, which owns a ...
4d
LVMH’s Bernard Arnault faces backlash over memo banning staff contact with select media outlets
LVMH chief executive Bernard Arnault has faced criticism from French media organisations — including some he controls — over ...
2d
LVMH Moet Hennessy Louis Vuitton (0HAU) Receives a Hold from Jefferies
Jefferies analyst James Grzinic maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research Report) yesterday and set a ...
3d
on MSN
LVMH’s Head of Sephora, Department Store Division to Leave
The head of LVMH’s business unit that operates the Sephora beauty chain and Parisian department stores is leaving the luxury ...
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