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Tag Archives: Burberry

Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits

August 08, 2024 Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits Post-pandemic splurging is over. BY Reuters Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit warnings in sectors ranging … Continue reading Why Visa, Burberry, and McDonald’s are all seeing a slow down in profits

Burberry has another new CEO: What to know about Joshua Schulman

July 15, 2024 Burberry has another new CEO: What to know about Joshua Schulman Schulman is set to take over from Jonathan Akeroyd, whose tenure at the helm lasted just two years. BY Grace Snelling In little more than a decade, Burberry, the 170-year-old luxury fashion house, has cycled through four different CEOs in a bid … Continue reading Burberry has another new CEO: What to know about Joshua Schulman