LVMH not interested in Burberry
LVMH [EPA:MC], the listed French fashion and luxury group, is not interested in competitor Burberry [LON:BRBY], the London, England-based manufacturer, wholesaler and retailer of luxury goods, French weekly Challenges reported. The unsourced report claimed that Bernard Arnaut, the owner and head of LVMH, has denied having any interest in the company. Burberry has a GBP 5.87bn market cap.
Challenges