Moncler S.p.A. (MONC.MI)
- Reuters
Moncler investor sells stake at 67 euros, shares down over 3%
Italy's Rivetti family, former owner of the Stone Island brand, said on Tuesday it had sold a stake in Moncler, sending the Italian luxury group's shares down by as much as 3.5%. The placement comes less than a month after the announcement that the Rivetti family would become a direct shareholder in the luxury group after ending an investment agreement with CEO Remo Ruffini's holding company Double R. The stake was not part of a consultation agreement they sealed with Ruffini when they left the holding company.
- WWD
Moncler Group 2023 Revenues Graze 3B Euros
Chairman and CEO Remo Ruffini touted the performance, celebrating the first decade since the IPO in Milan.
- WWD
Moncler Sees Shareholding Changes, Rivetti Family to Invest Directly in Brand
Carlo Rivetti, chairman of Stone Island, will have a stake of around 4 percent and Remo Ruffini, chairman and CEO of Moncler, will have a 16 percent stake.
