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Burberry holiday sales miss estimates as CEO pushes brand's facelift

As designer and former CEO Christopher Bailey prepares to leave the company, it is unclear who will design the "it" bags that are central to the brand's upmarket ambitions.


BURBERRY Group's holiday sales fell short of estimates as chief executive officer Marco Gobbetti began implementing his plan to give the UK-based trench-coat maker a high-fashion facelift.

Retail revenue rose 2 per cent on a comparable basis for the quarter ended Dec 31, the...

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