Luxury
Burberry Slumps After Billionaire Frere Sells 6.6% Stake
Burberry Group Plc fell the most in almost four months after billionaire Albert Frere sold his 6.6 percent stake in the trench-coat maker a little more than a year after disclosing an initial investment. Frere’s Groupe Bruxelles Lambert SA said Wednesday that it expected proceeds of about 498 million pounds…
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