Burberry Stock Gains After It Was Reported That The Brand Is Merging With Coach

Burberry Fall 2016 Menswear.

It is being reported that American luxury fashion company Coach is considering merging with British luxury fashion house Burberry, according to a report on financial blog Betaville today.

The website said that Coach has been working with financial advisers at Evercore for several weeks on a possible deal, citing two people familiar with the situation it didn’t name.

Burberry Group Plc shares rose as much as 4.8 percent after a report suggested that Coach is considering merging with Burberry.

Both Coach and Burberry declined to comment.

Stay tuned to donbleek.com as this story develops.

Burberry Fall 2016 Ready-To-Wear.

Coach Fall 2016 Menswear.

Coach Fall 2016 Ready-To-Wear.

Photos Credit: Yannis Vlamos/Indigital.tv | Marcus Tondo/Indigitalimages.com | Courtesy of Coach