Burberry shares jump on Moncler takeover rumours
Monday, 4 November 2024
Shares in British luxury retailer Burberry have jumped this morning on rumours that the fashion house could a takeover target for Italian outerwear brand, Moncler. Burberry’s share price rose more than seven per cent in early trades, before paring back gains to just over four per cent. Specialist fashion site Miss Tweed reported that LVMH [...]
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