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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
Wall Street Journal
19h
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 ...
Bloomberg L.P.
8h
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 ...
20h
Burberry puts focus back on trench coats, scarves in turnaround plan
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...
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.
AOL
22h
Burberry shares soar as new CEO Josh Schulman admits ‘lack of focus on outerwear,’ vowing to turn losses around
Burberry
’s financial woes led it to get kicked out of the FTSE 100 in September after 15 years. Rumors of a possible ...
MoneyWeek
16h
Burberry reveals turnaround plan – should you invest in luxury stocks?
Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...
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 ...
U.S. News & World Report
21h
Burberry Hopes 'Scarf Bars,' Puffer Jackets and Classic Styles Can Drive Turnaround
Developing more puffer jackets would mean more direct competition with peers like Italy's
Moncler
, which was reported to be ...
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 ...
10h
Burberry launches 'urgent' turnaround plan on sales slump and fall into the red
Luxury fashion house Burberry launched an “urgent” turnaround plan today as it revealed another slump in sales and a fall ...
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