The rise came after the trade website Miss Tweed reported that Moncler, which also owns Stone Island, was looking at a potential acquisition of Burberry, which has struggled as demand for luxury fashion goods has fallen.
The report cited several industry sources who said the head of the luxury goods conglomerate LVMH, an investor in Moncler, was keen to get a deal done with the British retailer.
LVMH, whose portfolio of high-end brands includes Louis Vuitton, Dior, Fendi and Celine, has a 15.8% stake in Double R, the investment vehicle that owns Moncler. That gives LVMH a seat on the Italian fashion brand's board.
Bu hikaye The Guardian dergisinin November 05, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin November 05, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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