November 2024 Rumours point to Moncler acquiring Burberry Media reports have suggested that Italian luxury brand Moncler is considering a takeover bid of British luxury fashion brand Burberry. By ILM.
The problem is not that the Burberry brand lacks potential. But in its attempt to “elevate” it — for which read hike prices — the group has managed to sink sales. Analysts expect revenues to be down ...
Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% this year, stoking speculation ...
In the past 12 months shares in Burberry have fallen 50%. On Monday, shares rose, however, by 4.8% to 850.97 pence each. In Milan, Moncler was 0.1% higher at EUR50.90. The report noted Moncler's ...