Burberry share price rises amid Moncler takeover rumours

The Burberry window as part of Harrods' Menswear Takeover

Source: Burberry

Burberry saw an increase in its share price after reports emerged that its Italian rival Moncler may be considering a takeover bid for the British luxury brand.

The British luxury label saw a 7% boost in its share price on Monday after reports emerged that its Italian rival, Moncler, was looking at a potential acquisition deal.

 

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