With Burberry trying to turn around its fortunes for the past eight years, Moncler—which LVMH has invested—is considering a ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
A new report has suggested that Italian outerwear specialist Moncler is not in talks to take over British heritage brand ...
Recently, the brand has expanded its reach, and the prospect of a Burberry acquisition has been fueled by moves such as the ...
LVMH’s revenue declined by 3% in the third quarter, impacted by China, while Kering delivered an even more disappointing ...
In September, LVMH acquired a 10% stake in Double R, Remo Ruffini's investment vehicle, which owns 15.8% of Moncler. This transaction gives LVMH an indirect 1.6% stake in Moncler Group.
Burberry's stock slipped 6% leaving it down almost 50% so far this year despite a rally over the past month on takeover ...
Independent luxury brands, pressured by market downturns, are eyeing consolidation or outside investment to sustain growth.
The British fashion house outlined a new strategic plan, "Burberry Forward", aimed at reigniting the brand by returning to its roots as a quintessentially British luxury house.