Burberry Rattles Luxury Industry as Growth Slows

Burberry Group Plc, the U.K.’s largest luxury-goods maker, said full-year profit will disappoint after sales growth slowed globally, sending the shares down the most ever and rattling those of peers.

U.K.'s Theresa May on Manchester Terror Attack
37:32 - U.K. Prime Minister Theresa May addresses Monday night's terror attack in Manchester that killed 22 and left dozens injured. (Source: Bloomberg)
  • May: Manchester Attack 'Appalling, Sickening Cowardice'
  • UBS's Haefele Cuts U.S. Overweight in Shift to Europe
  • Full Show: Bloomberg Daybreak: Americas (05/22)