(Bloomberg)—Burberry Group Plc warned that CEO Marco Gobbetti’s plan for a high-fashion facelift will take time after weak holiday sales underlined a gap in the company’s creative leadership. The London-based trench-coat maker’s shares fell as much as 8.2% early Wednesday after Burberry said the new CEO’s plan to develop “it” handbags and higher-priced fashion won’t […]
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