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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,
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 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
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.
Wall Street Journal
9h
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 ...
1h
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 ...
AOL
12h
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 ...
12h
on MSN
Burberry launches urgent turnaround plan to save the brand
Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...
MoneyWeek
7h
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 ...
FashionUnited
2d
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 ...
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.
U.S. News & World Report
11h
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 ...
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 ...
U.S. News & World Report
20h
Burberry Puts Focus Back on Trench Coats in Turnaround Plan
Burberry
is widely seen as a takeover target. Recent media reports that Italy's
Moncler
was preparing a bid had boosted ...
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