Fashion
LVMH completes its investment in Moncler
By
Ansa
Published
September 16, 2025
LVMH has completed building its position in Moncler, and the investment agreement between Moncler chairman Remo Ruffini and the French luxury giant has therefore lapsed, but only insofar as it governed the purchase of shares in the Italian company by Ruffini’s holding company, Double R, in order to accommodate LVMH.
The news comes via a paid notice, which explains that, following completion of the purchases and Double R’s capital increase, the provisions of the shareholders’ agreement governing this transaction cease to have effect, while the shareholders’ agreement between the same parties otherwise remains in force.
This is the transaction, announced last year, through which the French group entered Moncler, where it has now indirectly reached 4 per cent of the share capital. Double R has, in fact, increased its stake in Moncler to 18.2 per cent through a programme of purchasing Moncler shares over a period of about a year. The purchases were financed by LVMH, which has increased its investment in Double R to 22 per cent.
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Copyright © 2025 ANSA. All rights reserved.
Shipments to major markets including Mexico, Honduras, the Dominican Republic, Canada, the United Kingdom, and China contracted, with declines of up to **.** per cent. Exports to Mexico fell *.** per cent to $*,***.*** million, signalling slower manufacturing activity in its export-oriented apparel sector, which relies heavily on US yarns and fabrics. Weakness in Honduras and the Dominican Republic similarly mirrors subdued orders from US brands, weighing on regional supply chains linked through CAFTA-DR as brands rebalance inventories and sourcing volumes.
By contrast, exports to the Netherlands, Japan, and Belgium rose by as much as **.** per cent. These gains were supported by steadier demand for technical textiles and niche fabrics, as well as sourcing adjustments by European manufacturers seeking to diversify material suppliers and reduce overdependence on a limited number of Asian inputs.
By
DPA
Published
December 18, 2025
Sportswear business Puma has secured additional financing of more than €600 million. It comprises a €500 million facility and a further €108 million in committed credit lines, according to a statement on Thursday. The aim is to reduce utilisation of the existing €1.2 billion revolving credit facility while increasing the company’s financial flexibility.
The new €500 million facility is fully guaranteed by Santander Corporate & Investment Banking (Santander CIB). Both new financing instruments have maturities of up to two years.
Markus Neubrand, CFO of Puma SE, said: “While our existing syndicated credit facility and promissory notes remain available, today’s announcement will enhance our financial flexibility as we work to finalise our long-term financing structure. The fact that our banking partners have further expanded their commitment and business relationship underlines the confidence in our future business model and strategic direction. This will enable us to realise our strategic priorities and our goal of establishing Puma as a top-three sports brand worldwide.”
FashionNetwork.com with dpa
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Published
December 18, 2025
Free People’s London flagship on Regent Street is closing at Christmas, a decision that sees the US lifestyle brand relocating to a new 4,550 sq ft space on nearby Argyll Street.
Targeting an opening date sometime in the spring, the new flagship promises to offer an “elevated retail experience”.
Free People, which is owned by Philadelphia-based retail giant Urban Outfitters Inc, is also planning to open a new store in Edinburgh in January, becoming its first store in Scotland.
Free People managing director of International, Chris Worthington, said: “The UK is the cornerstone of our international growth strategy, and we are thrilled with the response from our British customer base.
“As we evolve our physical footprint, our focus is increasingly on finding unique locations that allow us to immerse our customers in the Free People brand experience.”
He added: “We’re prioritising locations that give us the creative flexibility to design compelling, distinct zones that allow us to tell our complete brand story in a more dynamic and expansive way.”
Argyll Street will join four other Free People London stores (Covent Garden, King’s Road, Shoreditch and Hampstead) plus Richmond in Greater London.
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