Did Burberry Reject Coach’s Advances?
BURBERRY rejected the takeover advances of American company Coach, rebuffing “multiple approaches”, The Financial Times reports today. The accessories giant was rumoured to have its eye on the British label last month, but neither brand has commented on the stories. Getty This latest rumour, attributed to “people briefed on the matter”, asserts that there are no longer “any active talks” between the two companies, and that Burberry successfully “saw off the interest” from Coach – currently creatively helmed by a
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