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Moncler CEO and shareholder Remo Ruffini downplayed reports of M&A talks with Kering. "Moncler Denies Reports of M&A Talks With Kering as Shares Soar," at 1338 GMT, misstated that Moncler denied the reports in the headline. Moncler didn't explicitly deny the reports. The correct headline should read: "Moncler Downplays Reports of M&A Talks With Kering as Shares Soar."

(END) Dow Jones Newswires

December 05, 2019 10:10 ET (15:10 GMT)

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