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Britain's Burberry blamed a worsening slowdown in demand for luxury goods for its second downgrade since November, and warned of a tough challenge ahead as it shifts creative direction, in another...
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Burberry Group plc (LON:BRBY – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1,397 ($17.79) and last traded at GBX 1,400 ($17.83), with a volume of 820245 shares. The stock had previously closed at GBX 1,416 ($18.03). Analyst Ratings Changes Several […]
Luxury labels and e-commerce retailers have hiked prices way above the rate of inflation, prompting a consumer backlash from London to Shanghai