I’m a Burberry (LON:BRBY) shareholder and have held the stock for a number of years. My decision to invest was based on the traditional resilience of the luxury market, and my view that Burberry is a valuable and durable heritage brand. The luxury market has slowed and Burberry has suffered additional self-inflicted problems. This Stock Pitch is an effort to clarify my thinking on Burberry. As the smallest company in the index at present, I imagine it’s quite likely Burberry will be demoted to the FTSE 250 in the next index reshuffle.

Source: The Guardian July 30, 2024 14:49 UTC