The LVMH Luxury Ventures arm of the multinational conglomerate made a similar investment in Aimé Leon Dore in 2022, as well ...
Rumours began to circulate last week that the listed brand was set for a takeover by the skiwear maker, but both firms ...
Moncler and Burberry are both facing a downturn in demand for high-end goods. WSJ said Burberry is also exposed to China, which for years fueled the industry’s fortunes but that now faces economic ...
Burberry is braced to be taken over by Moncler amid staff at one of its flagship London stores being given a heads up on the ...
Bernard Arnault, founder and CEO of Louis Vuitton Moet Hennessy (LVMH), is keen on a deal, it reported. It’s easy to see what’s in it for Arnault, after LVMH agreed to invest in Moncler. A ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
LVMH’s revenue declined by 3% in the third quarter, impacted by China, while Kering delivered an even more disappointing ...
Speculation around a possible bid by Moncler for Burberry has stirred interest, sending Burberry's shares up nearly 5 per cent this week.
LVMH had purchased a 10 per cent stake in Double R, the investment vehicle controlled by Moncler CEO Remo Ruffini’s Ruffini Partecipazioni Holding, in September this year. Double R currently has ...