Search results
Results From The WOW.Com Content Network
Burberry was the second-biggest faller in Kantar’s BrandZ ranking of brand value among 75 U.K. companies. ... the company ousted CEO Jonathan Akeroyd after issuing its third profit warning of ...
British luxury brand Burberry is replacing its chief executive following another disappointing quarter in which sales plunged more than 20%.
Luxury brand Burberry is dropping out of Britain’s premier stock index after suffering a steep fall in value following a plunge in sales and profits. ... It also warned that profit in the ...
Burberry Group plc is a British luxury fashion house established in 1856 by Thomas ... the company announced a profit warning and the departure of its chief ...
A profit warning is a warning declaration issued by a listed company to investors through a stock exchange. It warns investors that the profit of the company in the coming quarter will significantly decline when compared with that of the same quarter of previous year, or the company may even make a loss .
Burberry's half-year sales inched up just a little, ... However, the coat-maker’s operating profit plunged 15% for the same period. Store sales were sharply down in the Americas, while it stayed ...
Michael James Burry (/ ˈ b ɜːr i /; born June 19, 1971) [2] is an American investor and hedge fund manager. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments.
Kering’s warning reaffirms that the luxury industry is still miles away from seeing a recovery—let alone another boom. The Paris-based luxury fashion giant’s shares were down 13.6% on ...