FILE - This is a Friday, Oct. 21, 2016  file photo of people as they  leave a Burberry store in London,. Shares in British fashion icon Burberry plunged as much as 14 percent Thursday Nov. 9, 2017, after it said sales will stagnate for the next two years as the company shifts strategy to focus on the high-end luxury market following the departure of designer Christopher Bailey.
FILE - This is a Friday, Oct. 21, 2016 file photo of people as they leave a Burberry store in London,. Shares in British fashion icon Burberry plunged as much as 14 percent Thursday Nov. 9, 2017, after it said sales will stagnate for the next two years as the company shifts strategy to focus on the high-end luxury market following the departure of designer Christopher Bailey. AP Photo
FILE - This is a Friday, Oct. 21, 2016 file photo of people as they leave a Burberry store in London,. Shares in British fashion icon Burberry plunged as much as 14 percent Thursday Nov. 9, 2017, after it said sales will stagnate for the next two years as the company shifts strategy to focus on the high-end luxury market following the departure of designer Christopher Bailey. AP Photo

Burberry shares plunge on concerns over new strategy

November 09, 2017 08:06 AM

UPDATED November 09, 2017 08:07 AM

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