Bloomberg Podcasts · Burberry Drops, 3i Plunges, Watches of Switzerland Surges | Stock Movers

1. 1. Burberry's shares fell 7% after the company gave a conservative outlook without specific future targets.
2. 2. Burberry is undergoing a brand transformation under its CEO, focusing on affordability and core values.
3. 3. Watches of Switzerland reported record revenues, with profits exceeding expectations, driven by US consumers.
4. 4. Watches of Switzerland aims to double sales and profits by 2028, showing confidence in luxury demand.
5. 5. 3i Group's shares plunged 25% due to slowing sales at Action, its critical discount retailer.