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Burberry surges on turnaround plan despite plunging sales

By Frank Prenesti

Date: Thursday 14 Nov 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.
New chief executive Joshua Schulman said...

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