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Updated · MarketWatch · May 8Burberry shares slide 1.64% and underperform market
12 articles · Updated · MarketWatch · May 8
- The stock closed at £12.10 on Friday as the FTSE 100 fell 0.43% to 10,233.07 in a broadly weak London session.
- Burberry ended 12.10% below its 52-week high of £13.77, reached on 6 January.
- Trading volume was 558,012 shares, well below the stock's 50-day average of 1.6 million.
Can Burberry's turnaround strategy overcome the global luxury market's 'quiet crisis'? Is leaning on its 170-year heritage the right move to win over modern Gen Z shoppers?