The news ofMoncler's interest is preferably used for British Burberry bounced between the Milan and London stock exchanges. At Piazza Affari, Moncler shares, after opening down 1%, moved into positive territory (+0,28%) at 51 euros in the late morning and continued to be uncertain, after a session low of 50,12 euros. At the London Stock Exchange, the share Burberry It started off very buoyant, rising by as much as 8%, before containing its gains to +4,46% at £848,2
The hypothesis was reported by a website specialized in luxury and fashion Miss Tweed. There are “growing industry rumours” that Moncler may be considering making a bid for Britain's Burberry to create a giant specialized inoutdoor clothing. Several industry sources, the site adds, say that Bernard Arnaud, CEO and controlling shareholder of the giant LVMH who recently has invested in Moncler, is looking forward to seeing the deal come to fruition. Moncler said it does not comment on “unfounded rumors.”
