LVMH has acquired a 10 per cent stake in Double R, Ruffini Partecipazioni Holding’s vehicle, which holds 15.8 per cent of Moncler.
Double R plans to increase its Moncler stake to 18.5 per cent, backed by LVMH, which may raise its Double R stake to 22 per cent.
This partnership strengthens Remo Ruffini’s control of Moncler while LVMH gains board representation in both Double R and Moncler.