Kering SA (EPA:KER) joined fellow luxury goods supplier Burberry in the doghouse as it got a downgrade from two City investment houses. Burberry hit a fifteen-year low on its downgrade from Barclays

Burberry shares plumb new depths

06:30am, Monday, 09'th Sep 2024
Burberry Group PLC (LSE:BRBY) shares continue their terminal decline with another 5% knocked off the British luxury label this morning. At 571p per share, it means Burberry's valuation has retraced to
Luca Solca, sector head of global luxury goods at Bernstein, weighs in on Burberry's efforts to revive the brand under its new CEO.
British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 on Wednesday, as waning sales and management changes added to the pressures facing the 168-year-old retailer. The relegat
Dublin, Aug. 12, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Burberry Group Plc 2024" company profile has been added to ResearchAndMarkets.com's offering. Burberry Group plc (Burbe
Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate p
We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. NexGen Energy Ltd. is seen as having potential catalysts for growth, including a federal commission hearing

Burberry: Too Low To Justify Selling

05:32pm, Monday, 29'th Jul 2024
Burberry's disappointing Q1 FY25 sales led to a 16% drop in stock price in a single day and it's now trading near its all-time lows. A weakening Chinese market, which has significantly contributed t
On July 15, after two years in the top job, UK luxury brand Burberry Group (OTCMKTS: BURBY ) fired CEO Jonathan Akeroyd. While I doubt Akeroyd is a contender for the worst CEOs of all time list, his
Burberry's new boss Joshua Schulman faces an immediate strategy dilemma.

Former Macy's CEO on luxury letdown

12:01pm, Thursday, 18'th Jul 2024
Terry Lundgren, former Macy's CEO, joins 'Money Movers' to discuss Lundgren's thoughts on the luxury retail sector, how bad the luxury retail sector is, and what could be jarring for markets.
Deutsche Bank has downgraded its Burberry Group PLC (LSE:BRBY) share price target in another sign of heightened uncertainty in the global luxury sector. It follows a dramatic trading session on Monday
It's been a bad week for luxury amid a China-led slowdown for Swiss watchmakers and other luxury companies. On Monday, Swatch fell the most in four years as profit fell 70% while Burberry replaced its
The final trades of the day with the Fast Money traders.
In just over a decade, the 170-year-old luxury fashion house Burberry has cycled through four different CEOs in a bid to keep up with the industry's ever-evolving demands. And as of this morning, a fi
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