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Big Names Burberry Worse! I Am Afraid That A CEO To Step Down
Apr 18, 2016

United Kingdom luxury goods group Burberry Group PLC (BRBY. L) Burberry today released second half of earnings Hou shares urgent fell over 8%, main is because Hong Kong and European four quarter sales performance deterioration, group is expected to annual profit only just reached market expected (4.01-443 million pounds) of low-end, and set current 2017 fiscal year first half of of declines also may will increased, above all are let came to power who CEO yilai also is no obviously achievements only see with group performance gradually backwards of Christopher Bailey Attracted increasing criticism.

In the four quarters of fiscal year ended March 31 2016, Burberry Group PLC Burberry retail comparable sales recorded a decrease of 5% than the flat performance a significant deterioration in the third quarter, dragged down comparable sales in the second half of the year decreased by 2%, the Group pointed out that if the Hong Kong and Macao's growth in second half of 1%, weak in this area.

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