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Burberry surges on turnaround plan despite plunging sales

Published by Frank Prenesti on 14th November 2024

(Sharecast News) - Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an "urgent" effort to turnaround its struggling fortunes after slumping to a £80m half-year loss driven by plunging sales in its key Chinese market.

URL: http://www.digitallook.com/dl/news/story/34690550/...

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