Moncler SpA, known for its luxury padded coats, is reportedly considering making an offer for Burberry Group Plc, the British fashion house famous for its iconic check pattern.

This potential acquisition is seen as a strategic move by Moncler to strengthen its position in the competitive luxury market, as temperatures drop across Europe.

The news, reported by luxury publication Miss Tweed, suggests that Moncler is exploring opportunities to expand its presence and offerings in the high-end fashion sector.

Investors in Burberry may find this development interesting as it could indicate a change in the company's strategic direction in response to evolving market conditions.