Luxury fashion house Burberry is braced to be taken over by Italian company Moncler amid staff at one of its flagship London ...
The LVMH Luxury Ventures arm of the multinational conglomerate made a similar investment in Aimé Leon Dore in 2022, as well ...
Mere months after the struggling London fashion house forecasted an operating loss in the first half of the next fiscal year.
A new report has suggested that Italian outerwear specialist Moncler is not in talks to take over British heritage brand ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Bernard Arnault, founder and CEO of Louis Vuitton Moet Hennessy (LVMH), is keen on a deal, it reported. It’s easy to see what’s in it for Arnault, after LVMH agreed to invest in Moncler. A ...
Moncler and Burberry are both facing a downturn in demand for high-end goods. WSJ said Burberry is also exposed to China, which for years fueled the industry’s fortunes but that now faces economic ...
In light of the report, Burberry shares rose up to 8 percent on Monday, a much needed uptick after the brand fell off the ...
Luxury fashion brand Burberry is reportedly on the brink of being bought by Italy’s Moncler. According to correspondence seen ...
(Reuters) - Burberry shares rose 7.5% on Monday after a media report said Italian luxury outerwear maker Moncler was ...
The two deals, rumored to be in the works, could mark key milestones for the European luxury giants: EssilorLuxottica, ...
Speculation around a possible bid by Moncler for Burberry has stirred interest, sending Burberry's shares up nearly 5 per cent this week.