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Burberry Shares Soar 8% After Report Reveals Moncler Could Be Buying the British Brand

Shares in Burberry climbed by as much as 8% on Monday after specialist luxury fashion platform Miss Tweed reported on "growing industry chatter" that Moncler is considering an acquisition of the struggling British fashion house, according to Reuters.

By: HYPEBEAST

Nov 20 2024
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Burberry Shares Soar 8% After Report Reveals Moncler Could Be Buying the British Brand

Shares in Burberry climbed by as much as 8% on Monday after specialist luxury fashion platform Miss Tweedreported on “growing industry chatter” that Moncler is considering an acquisition of the strug… [+1458 chars]

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Burberry Shares Soar 8% After Report Reveals Moncler Could Be Buying the British Brand

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I flew in JetBlue's first-class suite. I usually hate planes, but the seats made me feel like I was in my own living room.