- BySeeking Alpha-
Friday's session was marked with a cluster of corporate news that was sending shares of three big heavyweights lower.
By Dhirendra TripathiInvesting.com – Burberry (LON:BRBY) and Richemont (SIX:CFR) were trading lower in Friday’s premarket as worries about top level reshuffle outweighed...
The global pandemic affected numerous sectors of the economy as lockdowns forced people to stay at home. Online retailers suffered as social restrictions meant people stopped...
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It markets its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts. As of March 27, 2021, the company operated 214 mainline stores, 145 concession stores, 56 outlets, and 44 franchise stores. It operates in the Asia Pacific, Europe, the Middle East, India, Africa, and the Americas. Burberry Group plc was founded in 1856 and is headquartered in London, the United Kingdom.