Burberry shares have surged amid reports that Moncler is considering a takeover bid. The British luxury brand's stock rose by 5% in early trading and has gained approximately 47% since its September low. Moncler has not confirmed the rumors, stating only that it does not comment on speculation. Burberry's new CEO, Joshua Schulman, is currently focused on turning around the company, which has seen a 40% drop in share price this year. The potential acquisition would cost Moncler around $5 billion, representing nearly 35% of Moncler's market value. According to a report by Miss Tweed, Moncler might consider a bid to create a specialized outdoor luxury leader. The speculation has led to a 4.6% increase in Burberry's share price, while Moncler saw a 2.1% decline.