Tag: $Moncler

Italian luxury outerwear group Moncler (MONC.MI),  on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.

Shares in Burberry rose as much as 8% on Monday after website Miss Tweed reported that Italy’s Moncler was considering a bid for the London-listed luxury group to create an outdoor clothing specialist giant.