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Burberry shares tank as CEO ousted, profit warning issued, divi axed

Published by Frank Prenesti on 15th July 2024

(Sharecast News) - Shares in luxury goods maker Burberry on Monday slumped by double-digits as the company ousted its chief executive, suspended dividend payments and issued a profits warning after weak global demand battered first-quarter sales.

URL: http://www.digitallook.com/dl/news/story/34425581/...

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