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Moncler Undergoes Shareholding Reshuffle, Enhancing Investor Accessibility

Carlo Rivetti becomes a direct investor in Moncler, alongside Temasek, as CEO Remo Ruffini's stake is reduced to 16%.

  • Carlo Rivetti, chairman of Stone Island, acquires a direct 4% stake in Moncler, marking a significant change in the company's shareholding structure.
  • Singapore-based investment company Temasek also becomes a direct shareholder in Moncler with a similar 4% stake, following its exit from Double R.
  • Remo Ruffini, CEO of Moncler, will retain a 16% stake in the luxury brand after the reshuffle, making the company more accessible to potential investors.
  • The Rivetti family and Temasek's move to direct shareholding is seen as increasing Moncler's contestability in the market.
  • Moncler's share price experienced a slight decline, attributed to a generally negative day for the luxury sector, but the company remains a favorite stock for its quality.
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