Today news
About the same in other media
Nick Train stands by Burberry despite 'dire' first quarter but keeps silent on HL takeover
Reading now: 654
investmentweek.co.ukIn FGT's July factsheet commentary, the manager noted that, unlike fellow consumer brand and portfolio holding Unilever, whose share price has surged by a third this year, Burberry's outlook remains less certain. Burberry's latest quarterly results released last month revealed a significant downturn in the company's performance, with retail revenues plummeting by 22% year-over-year to £458m and management expecting the slowdown to continue. On the same day as the results announcement, the British luxury fashion brand said it would be replacing its chief executive and suspending divide...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Discover the UK's first beer spa: A blissful Ale bath experience at The Norfolk Mead Hotel economictimes.indiatimes.com /3 months ago
Vitalik Buterin Transfers $1M Ether to Privacy Protocol Railgun cryptonews.com /3 months ago
Fight for justice, but keep treating people economictimes.indiatimes.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
