Moncler in talks to buy Burberry?

According to specialist website Miss Tweed, Moncler could acquire Burberry, creating a major player in luxury fashion. This rumor has already had an effect on the British brand’s shares.

Uncle? Stocks on the rise

The mere prospect of a takeover by Moncler was enough to send Burberry shares soaring by 8% on the London Stock Exchange. This information, although unconfirmed, was relayed by several sources, including Reuters. Moncler has not yet commented.

The British company has been experiencing financial difficulties for several months. Revenues fell by 4% to £2.97 billion in fiscal 2024, which ended in March. In addition, Burberry has been downgraded from the FTSE 100 to the FTSE 250, an index of lesser-valued companies.

The impact of LVMH

LVMH’s support could play a role in this acquisition. Bernard Arnault, CEO of LVMH, now owns a stake in Moncler via an entity owned by Remo Ruffini, CEO of Moncler. This takeover could bring new stability to Burberry.

Read also: Panerai and Mike Horn: the ultimate collab