The LVMH Luxury Ventures arm of the multinational conglomerate made a similar investment in Aimé Leon Dore in 2022, as well ...
Rumours began to circulate last week that the listed brand was set for a takeover by the skiwear maker, but both firms ...
LVMH’s revenue declined by 3% in the third quarter, impacted by China, while Kering delivered an even more disappointing ...
Moncler and Burberry are both facing a downturn in demand for high-end goods. WSJ said Burberry is also exposed to China, which for years fueled the industry’s fortunes but that now faces economic ...
Burberry is braced to be taken over by Moncler amid staff at one of its flagship London stores being given a heads up on the ...
In light of the report, Burberry shares rose up to 8 percent on Monday, a much needed uptick after the brand fell off the ...
Bernard Arnault, founder and CEO of Louis Vuitton Moet Hennessy (LVMH), is keen on a deal, it reported. It’s easy to see what’s in it for Arnault, after LVMH agreed to invest in Moncler. A ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...
Shares in luxury retailer Burberry have jumped on rumours that the fashion house could be a takeover target for Italian ...