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Burberry ( (GB:BRBY) ) just unveiled an update.
Burberry announced that more than 20% of shareholders voted against the re-election of Antoine de Saint-Affrique as a Director due to concerns about his numerous directorships potentially affecting his commitment to Burberry. Despite the initial opposition, the Board has expressed confidence in his capabilities but has revealed that Mr. de Saint-Affrique will retire from the Board in July 2025, effectively resolving the issue. The company remains committed to engaging with its shareholders and will continue to provide updates through its reports.
More about Burberry
Burberry Group PLC is a renowned company in the luxury fashion industry, primarily involved in designing and retailing high-end apparel and accessories. It is a constituent of the FTSE 250 index and is listed on the London Stock Exchange.
YTD Price Performance: -1.84%
Average Trading Volume: 2,308,130
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.41B
See more insights into BRBY stock on TipRanks’ Stock Analysis page.