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Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO

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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Jul 15, 2024 - 22:00
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Burberry shares drop 16% after the luxury giant issues profit warning and replaces CEO
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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