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	Tuesday’s meeting was humming along quietly with chairman Gerry Murphy fielding questions about Burberry’s pricing, strategy, product assortment and the upcoming round of layoffs when protesters burst into the underground reception room at the...

At Burberry’s AGM, Tempers Flared, but It Wasn’t the Shareholders Who Were Angry


				













	LONDON — Joshua Schulman has been named chief executive officer of Burberry in stormy weather, amid a 22 percent decline in first-quarter retail revenue and the risk of an operating loss in the first fiscal half.Me+Em Is the Go-to Label for Royals, Celebrities and Labour Party Politicians




	Schulman, 52, will succeed Jonathan Akeroyd, who was ousted two years into his tenure during one of the most brutal macroeconomic periods the luxury goods industry has witnessed in more than a decade.




	An accomplished retailer and brand builder, Schulman will take up his job on Wednesday following the surprise announcement by Burberry on Monday morning...

Burberry Shakeup: Joshua Schulman Replaces Jonathan Akeroyd at Burberry Helm as Retail Sales Plummet 22% in Q1

British luxury brand Burberry is replacing its chief executive following another disappointing quarter in which sales plunged more than 20%.

Burberry CEO is out after company warns about its profit

The Independent

 British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales. Burberry said Schulman, 52, replaces Jonathan Akeroyd, who would step down and leave the firm with immediate effect “by mutual agreement with the board.”The unexpected announcement came as Burberry said full-year earnings will also be lower than expected, and suspended its shareholder dividend payouts. Burberry shares plunged more than 11% soon after...

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

Procter & Gamble has a more complete capital return program than Coke. P&G has excelled at leveraging pricing power and improving operational efficiency. The pressure is on for P&G to return to significant sales growth. Coca-Cola and Procter & Gamble allow investors to participate in the stock market while collecting...

Coca-Cola Is a Rock-Solid Dow Dividend Stock, but So Is This Dividend King That Paid $9 Billion in Dividends Over the Last Year

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Italian creativity, deep knowledge of Swiss watchmaking and high-tech to reach new heights: this is the essence of Bvlgari watches, according to its boss, Antoine Pin. Any young watchmaker should master the old way, before daring into the new territories where we should take the industry. Who are you and...

Talking watches with Antoine Pin, CEO Bvlgari Watches

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Bryce Gruber

The color yellow is gorgeous, eye-catching, and downright happy for most people. So much so that it's the main hue in the world-famous happy face—but science says it's not the best color to wear on a date.

You Shouldn't Wear Yellow on First Dates, Here's Why

24/7 Wall St.

Investors have been running on a high for the last several months as all major U.S. indices have reached new record levels seemingly month after month. Sentiment on the stock market has never been better, and investors are holding out to see how developments in the field of Artificial Intelligence (AI) and Machine Learning (ML) […]
The post Four Blue Chip Stocks To Buy Now And Hold For Forever appeared first on 24/7 Wall St..

Four Blue Chip Stocks To Buy Now And Hold For Forever

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Total Apex Sports & Entertainment

I don’t know about you but summer is definitely my favorite season and I am definitely a sun worshipper. Living in the Pacific Northwest, we do not see enough of it so when it is here, that is where you will find me. Everything I do I do outside when the sun is out and the weather is warm. I wonder who else feels this way. I wonder what Zodiac Signs love the Sunshine. Want to find out? Let’s do a little research.

3 Zodiac Signs Who Love Sunshine

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The Motley Fool

Here's the case for why Global Industrial may be a great long-term holding even as it appears to go unappreciated.

1 Magnificent Dividend Stock Down 33% to Buy and Hold Forever

Conflicts are inevitable in life as we have different opinions. Some zodiac signs are good at arguing while others strive to create harmony and avoid arguments. Yet, conflict resolution is a crucial skill at home and work. It helps people live peacefully and in unity.

5 Zodiac Signs Who Are Most Likely to Win Arguments

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, recently introduced a six-year-old French bulldog named Joannie who is looking for her forever home. The local animal rescue explains: “Joannie was found as a stray extremely emaciated and less than half her current weight now. She was missing fur on her body, face and ears. She has been nursed back to health and is doing wonderfully. While her age and exact history is unknown, it is clear she has mothered more than enough litters in her short lifetime.”

Meet Joannie: The "Extreme Snuggler" French Bulldog Looking For Love

Virginia State

Virginia fans of The Bold and the Beautiful, if you were watching earlier this week when Tom Star (Clint Howard died), you know that Li Finnegan (Naomi Matsuda) did not honor her Hippocratic Oath as a physician to "do no harm".

The Bold and the Beautiful shocker: Dr. Li Finnegan broke her Hippocratic Oath by watching Tom die

(Reuters) - Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from property website Rightmove showed on Monday. The company said the average asking price was 373,493 pounds ($484,943)...

Asking Prices for UK Homes Fall as Buyers Await BoE Rate Cut, Rightmove Says

NewsBreak

Burberry Shares Plunge by 15% Amid Profit Warning and CEO Shake-Up

Burberry’s shares plummeted over 15% in early trading on Monday following a disappointing first-quarter performance that led the company to issue a profit warning, replace its...

Burberry Shares Plunge by 15% Amid Profit Warning and CEO Shake-Up

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