Burberry is facing a potential takeover risk, according to City analysts, who have warned that the company has lost a fifth of its value since the start of the year. A survey of 17 City M⁘A desks, fund managers, and analysts conducted by Bloomberg last year identified Burberry as one of the top companies that could be targeted for a takeover, along with Hugo Boss and Richemont.
The company's status as the sole British brand of scale operating independently in the luxury industry could make it an attractive target for potential acquirers.
Ms. Kachanova, an analyst at Abrdn, highlighted Burberry's rich heritage and opportunity to enhance its iconic product lines and accessories as reasons why the company could be a desirable takeover target.
While Abrdn is one of Burberry's top twenty shareholders... Ms. Kachanova does not hold the stock directly. Burberry competes against luxury brands such as LVMH, which owns brands including Louis Vuitton, Stella McCartney, and Dior... and is worth £400 ← →
More details: Visit websiteThe company's status as the sole British brand of scale operating independently in the luxury industry could make it an attractive target for potential acquirers.
Ms. Kachanova, an analyst at Abrdn, highlighted Burberry's rich heritage and opportunity to enhance its iconic product lines and accessories as reasons why the company could be a desirable takeover target.
While Abrdn is one of Burberry's top twenty shareholders... Ms. Kachanova does not hold the stock directly. Burberry competes against luxury brands such as LVMH, which owns brands including Louis Vuitton, Stella McCartney, and Dior... and is worth £400 ← →
Burberry is at risk of a takeover, City analysts have warned, after losing a fifth of its value since the start of the year. A survey of 17 City M⁘A desks, fund managers and analysts conducted by Bloomberg last year found Burberry was among the top companies floated as potential takeover targets, alongside Germany's Hugo Boss and Swiss luxury group Richemont.
