Burberry sinks to -8% after goodbye CEO Gobbetti who returns to Italy to lead Ferragamo

Heavy sales today on the Burberry stock which marks -8% approximately at 2,071 pence on the London Stock Exchange. The news of the farewell of CEO Marco Gobbetti, who will become the new general manager and CEO of Salvatore Ferragamo, weighs heavily.

The Ferragamo stock is not exultant, which after an early part of the day with a good rise, now drops 1.68% under 19 euros.