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One in the eye for global chavs as Burberry promises to cut discounting

By Chris Bailey | Thursday 12 November 2020

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Whilst I am far from being a chav, I am seemingly as obsessed with Burberry (BRBY) as Essex’s finest and today’s interim results give me another chance to comment. Back in July I observed that ‘my perception is tucking the shares away for the longer haul remains smart…just do not expect me to announce I have bought something at one of their stores’ and both sentiments still seem bang on for me today…

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