British fashion house Burberry 'set for takeover by Milan skiwear giant' By CALUM MUIRHEAD Published: 19:30 EST, 9 November 2024 | Updated: 19:31 EST, 9 November 2024 e-mail View comments Its classic trench coats have become an enduring staple for fashionistas from Kate Moss to Cara Delevingne . But Burberry could be the latest home-grown firm to fall into foreign hands amid rumours it is poised to be taken over by Italian brand Moncler. The British fashion house - whose garments, with their distinctive 'Burberry check', are still made at its factory in Keighley, Yorkshire - is said to be on the brink of being bought by the Milan-based company, which is better known for its skiwear.
Staff at one of Burberry's flagship London stores have already been told about the takeover, according to correspondence seen by The Mail on Sunday. But with Moncler and Burberry remaining tight-lipped over the plans, the future of one of the country's most recognisable brands remains unclear. Speculation that a takeover may be on the cards was sparked two weeks ago when fashion industry website Miss Tweed named Moncler as a potential buyer.
Beyonce wearing Burberry on her On the Run II world tour. The garments, with their distinctive 'Burberry check', are still made at Burberry's factory in Keighley, Yorkshire Burberry's classic trench coats have become an enduring staple for fashionistas from Kate Moss to Cara Delevingne (pictured) In 2002, former EastEnders actress Danniella Westbrook was photo.