The Trump Trade Rally and a Fashion Faux Pas for Luxury Retail 7/15/24
CNBC's "Fast Money"
00:00
Luxury Retail Woes and Burberry's Sales Disappointment
The chapter explores Burberry's stock price drop following a profit warning, leading to changes in leadership and concerns about its fashion strategy and customer engagement. Similar luxury retail stocks like LVMH and Hermes also faced losses in the market amidst growing worries about Burberry's performance globally.
Play episode from 27:22
Transcript
