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

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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.

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Burberry Fall 2016 Ready-To-Wear.

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Coach Fall 2016 Menswear.

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Coach Fall 2016 Ready-To-Wear.

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

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.