Shares of Burberry (OTCPK:BURBY) fell over 7% in London trading on October 15, when the company announced that CEO Angela Ahrendts would be stepping down by mid-2014 (coinciding with the end of Burberry's 2014 fiscal year) in order to assume the position of the head of Apple (NASDAQ:AAPL) retail stores, as well as its online division. Although we could spend endless hours commenting on what this means for Apple's retail strategy, we believe that the more interesting outcome from this transition is the opportunity it creates to add to or initiate positions in Burberry, which released its H1 2014 results on October 15, showing solid growth across its various business lines. We believe that at present...
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