FTSE 100 Live 14 November: Burberry returns to roots after loss, WH Smith and Aviva post strong updates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
0mins
Source: Yahoo Finance
Burberry's New Strategy: Burberry's new CEO, Joshua Schulman, aims to revive the brand by returning to its core strengths and celebrating British heritage, following a £53 million operating loss and a significant decline in share value.
Positive Performance from Other Companies: WH Smith reported a 16% rise in profits driven by strong UK travel store performance, while Aviva highlighted robust growth across its business segments, despite mixed market reactions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
