Burberry shareholders kick back against Executive's €6m share payout

Shareholders in the UK have dealt a blow to Burberry over the retailer's "excessive" executive pay, with nearly a third voting against generous payouts that include a £5.4m (€6m) share award for former boss Christopher Bailey.

A tally of proxy votes showed that 31.48% of investors rejected the company's remuneration report at its annual general meeting.