LVMH owner buys shares in Moncler

Bernard Arnault, owner of luxury conglomerate LVMH, has bought shares in luxury ski jacket manufacturer Moncler.
Shares in the business closed 40 per cent up on the day, raising £574 million in what was the largest float seen on the Milanese bourse since Prada floated three years ago.

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Posted on December 18, 2013, in #international, #luxury, #retail. Bookmark the permalink. Leave a comment.

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