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Jul 15, 2024, 7:13 AM
Jul 15, 2024, 7:09 AM
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Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO

Burberry English fashion company
Sky News
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Burberry Suspends Dividend and Considers Job Cuts Amid Leadership Change

A dreadful trading update has meant Burberry has suspended its dividend and consulted with employees worldwide on redundancies as a new CEO takes the reins.

The Guardian
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Burberry ousts chief executive; China economic growth disappoints – business live

Live, rolling coverage of business economics and financial markets as FTSE 100 fashion company appoints new boss after ‘disappointing’ losses

CNBC
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Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO

Shares in Burberry plunged in early European trade Monday after a "disappointing" first-quarter performance led it to replace its CEO and axe its dividend.

BBC
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Burberry appoints new boss as sales slump

The UK fashion house appoints Joshua Schulman to lead the firm as it looks to revive sales.

CNBC
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Burberry Shares Fall 16% After CEO Change and Profit Warning

Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.

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