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Moncler, Burberry
Moncler not in talks to take over Burberry, sources say
Italy's Moncler is not in talks to take over Burberry , four sources close to the matter said on Monday in response to a report by Britain's Mail on Sunday that a bid by Moncler was imminent. Shares in the British luxury brand reversed course after the Reuters report,
New sources suggest Moncler not in talks for Burberry takeover
A new report has suggested that Italian outerwear specialist Moncler is not in talks to take over British heritage brand Burberry. This is according to Reuters, which cited four sources close to the matter responding to prior media speculation.
Moncler not in talks to acquire Burberry - Reuters
Italy's Moncler (OTCPK:MONRF) is not in discussions to purchase British luxury brand Burberry (OTCPK:BURBY), according to a Reuters report on Monday, which cited four sources close to the matter. The Reuters report comes after a Daily Mail item said that Moncler (OTCPK:MONRF) was preparing a bid for Burberry (OTCPK:BURBY).
Moncler repeats it won't comment on 'unsubstantiated rumors' about Burberry
Italy's Moncler on Monday reiterated it would not comment "on unsubstantiated rumors", when asked about a Daily Mail report about a possible takeover by the luxury outerwear maker for British luxury brand Burberry.
Moncler and Burberry Acquisition Rumors Spark Speculation Amongst The Fashion Industry
Following speculations that Moncler may buy out Burberry, the British fashion luxury brand has experienced an 8% surge in its shares. Initially reported by Reuters, the news gained significant attention in the
Bloomberg L.P.
5h
Burberry Dons Its Raincoat to Weather Luxury Storm
Burberry
Group Plc has spent the last seven years under two successive chief executive officers trying to become the ...
Wall Street Journal
17h
Heard on the Street: Burberry Reaches for Its Coat
Burberry
wants to mimic
Moncler
’s flair for jackets. A rumored takeover would be a better result for investors. Shares in ...
9d
Burberry Shares Soar 8% After Report Reveals Moncler Could Be Buying the British Brand
Mere months after the struggling London fashion house forecasted an operating loss in the first half of the next fiscal year.
3d
Burberry on brink of being taken over by Italy's Moncler - report
Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy’s Moncler. According to correspondence seen ...
Investing
2d
Burberry shares drop as Moncler denies takeover bid speculation
Burberry (LON: BRBY) shares fell on Tuesday, after Reuters reported that Italian luxury brand Moncler is not currently in ...
Hypebeast
6d
Moncler Eyes Burberry Acquisition and LVMH Buys into Our Legacy in This Week's Top Fashion News
In this week’s fashion’s biggest headlines, early signs of new luxury acquisitions come to light, while other labels double ...
8h
Burberry boss unveils back to British plan as he seeks to revive the luxury brand's fortunes
Joshua Schulman, who took the top job in July, admitted the firm, best known for its trench coats, had lost its way in recent ...
KTEN
18h
Burberry launches turnaround plan as posts loss
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...
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