The news caused a spike in Burberry’s stock
A pair of reports, all quoting unnamed sources, have teased—then poured cold water on—a possible merger between the Coach and Burberry brands.
A little later, a report in Reuters, also quoting unnamed sources, suggested no merger was forthcoming.
“Burberry is not talking to Coach,” one source said.Follow JCK on Instagram: @jckmagazine
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