Global consulting firm Bain & Company is projecting a 2% contraction in global luxury sales in 2024, representing the first annual decline since the global financial crisis in 2008, barring the Covid-
Italy's Moncler MONC.MI 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.
Ahead of results from Burberry Group PLC (LSE:BRBY) later this week, shares in the UK fashion house continued to be supported by takeover rumours and speculation. Last week, there was speculation that
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 b
Burberry Group PLC (LSE:BRBY) will provide interim results on Thursday, November 14 after rumours emerged Moncler was eyeing up the luxury fashion firm as a potential takeover target. Reports earlier
Burberry Group PLC (LSE:BRBY)'s share have been in the doldrums for nigh on 19 months now, but the prospect of a takeover bid from Moncler has piqued the interest of analysts at RBC Capital Markets. T
Shares of Burberry rose Monday after a media report over the weekend suggested that its peer Moncler is mulling a bid for the British luxury retailer. CNBC's Charlotee Reed reports.
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 i
Burberry Group PLC (LSE:BRBY) shares ticked higher on Monday following a report that it could be a takeover target of puffer jacket maker Moncler. According to industry blog Miss Tweed, Moncler coul
Burberry shares rose 7.5% on Monday after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British luxury retailer.
Troubled British luxury label Burberry Group PLC (LSE:BRBY) stands at a "complex crossroads" as new chief executive Joshua Schulman takes command, said Stifel in a broker note. Schulman faces an uphil
Luxury stocks, including Burberry Group PLC (LSE:BRBY), Watches of Switzerland Group PLC (LSE:WOSG) and Louis Vuitton Moet Hennessy (EPA:MC) sashayed higher on Thursday on investor excitement about
UBS has lowered its price target for Burberry Group PLC (LSE:BRBY), cutting it to 410p from 477p, while maintaining a "sell" rating on the luxury brand's stock. The revision follows concerns over B
LONDON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Grounded in easy elegance. Creativity feels inherently British; expressive silhouettes are infused with familiarity.
Burberry creative director Daniel Lee deconstructed the classic trenchcoat for the British brand's Spring/Summer 2025 collection, with models draped in baby blue capes with feather trim walking a lila
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