Burberry shares slide as Q1 sales disappoint
British luxury goods group Burberry (LON:BRBY) racked up sales growth in all divisions for the first time in three years in Q1. This encouraging result demonstrated that CEO Joshua Schulman’s turnaround strategy is working. Increased spending by well-heeled US shoppers offset the negative impact of the Middle East conflict. And the London-headquartered fashion house upgraded … Continue reading Burberry shares slide as Q1 sales disappoint
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