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Nick Train: Burberry bosses must 'rethink' how to fulfil the brand's potential
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investmentweek.co.ukHis comments came after the luxury fashion group replaced its former CEO Jonathan Akeroyd on Monday (15 July) and issued a fresh profit warning. The news led to a 20% slump in Burberry's share price, which has continued to fall as markets opened today. According to data from MarketWatch, the firm's shares are down almost 4% so far. Train has been a long-term investor in Burberry via Finsbury Growth & Income, and has repeatedly backed the company despite its declining share price damaging the trust's own performance. Nick Train: 'We should not have been surprised' at Hargreaves Lans...
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