Moncler calls supposed Burberry bid 'unsubstantiated rumors': Reuters

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A Daily Mail report suggested that Italian fashion titan Moncler (MONC.MI) is eyeing a potential takeover of British luxury brand Burberry (BRBY.L). However, Moncler has remained tight-lipped on the matter, dismissing the speculation as "unsubstantiated rumors," according to a Reuters report.

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This post was written by Angel Smith