Burberry has slumped to a loss and axed its dividend for the first half of its financial year as sales at the British luxury house plunged. In its interim results for the 26 weeks to 28 September, the ...

Burberry shares are down nearly 50% this year and the company is widely seen as a takeover target. Recent media reports that Italy's Moncler was preparing a bid had boosted the stock, but sources ...