LVMH rumoured to be eyeing Burberry
26/02/2013
The share price of UK-based fashion house Burberry increased on Friday after analysts from Berenberg Bank suggested it could be in the sights of rival luxury group LVMH. They said: “This is not the first time we have advocated that LVMH should acquire Burberry. Given the margin pressure faced by LVMH across several divisions, we believe that a...