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Buy BURBY
$14.02
-0.129 (-0.91%)
At Close: Jul 20, 2026
The Luxury Slump Continues as Burberry's Woes Persist
02:37pm, Monday, 15'th Jul 2024
The downturn in the luxury sector shows few signs of letting up.
Burberry fires CEO, names ex-Coach boss as replacement during luxe sector slowdown
12:55pm, Monday, 15'th Jul 2024
Burberry also warned on profit and scrapped its dividend, sending its shares to their lowest in more than a decade.
Burberry Shares Slump After Disappointing Profits And New CEO
12:43pm, Monday, 15'th Jul 2024
Burberry shares slumped 16% Monday after the British fashion house replaced industry veteran Jonathan Akeroyd as CEO following a 20% drop in sales in the first quarter, amid a broader slowdown in the
Burberry Stock Sinks. Is the Problem Its CEO or the Luxury Consumer?
11:41am, Monday, 15'th Jul 2024
Burberry's stock price plummeted on Monday after the luxury giant issued a profit warning, replaced its CEO and cut its dividend.
Burberry Boss Pays Price For Poor Performance As New CEO Announced
11:03am, Monday, 15'th Jul 2024
The near three-year tenure of Burberry CEO Johnathan Akeroyd came to an abrupt end this morning as he became the fall guy for plunging sales at British upscale fashion and accessories retailer Burberr
Burberry shares sink as CEO exits amid profit warning and dividend suspension
04:01am, Monday, 15'th Jul 2024
Burberry shares sank on Monday after the U.K. luxury fashion group announced a profit warning and a dividend halt, and said its chief executive officer was being replaced.
Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO
03:17am, Monday, 15'th Jul 2024
Shares in Burberry plunged in early European trade Monday after a "disappointing" first-quarter performance led it to replace its CEO and axe its dividend.
Burberry switches CEO after turnaround stalls
02:55am, Monday, 15'th Jul 2024
Burberry Group PLC (LSE:BRBY) has parted ways with its chief executive, Jonathan Akeroyd, with immediate effect. The fashion house has appointed former Michael Kors and Jimmy Choo boss Joshua Schu
Burberry axes CEO and dividend, warns on profit
02:10am, Monday, 15'th Jul 2024
British luxury group Burberry named former Michael Kors boss Joshua Schulman as its new chief executive on Monday, axeing Jonathan Akeroyd after two years as it warned on profit and scrapped its divid
Burberry at risk of sluggish luxury rebound
07:24am, Friday, 12'th Jul 2024
JPMorgan Chase & Co (NYSE:JPM, ETR:CMC) has warned that the ‘re-acceleration' of the luxury sector could be slower than anticipated, leading to downside risk for luxury stocks including Burberry Gro
Burberry tumbles as Deutsche Bank cuts sales numbers again
08:33am, Thursday, 27'th Jun 2024
Burberry is set for a revenue slump with its first quarter update next month says City analysts as new designs and less spending by its aspirational customer base take a toll. Deutsche Bank has just
No bonuses for Burberry boss as luxury demand falls off
06:51am, Friday, 31'st May 2024
Burberry Group PLC (LSE:BRBY) chief executive Jonathan Akeroyd received zero annual bonuses last year due to a poor performance at the British luxury clothing brand. An annual remuneration report publ
Burberry to bluster in year ahead, cost cutting won't cut the mustard
09:35am, Thursday, 16'th May 2024
Burberry Group PLC (LSE:BRBY) is set to see the weak trends seen at the end of its 2024 financial year continue into 2025, reckon Deutsche Bank analysts. “With limited evidence in the financials of
Burberry Sales Fall Amid Weak Demand in China and US
06:44am, Wednesday, 15'th May 2024
Burberry Group warned of a challenging first half after the British luxury brand reported tumbling sales on weak demand in China and the US. Comparable store sales in the quarter ended in March fell 1
Burberry's profits plunge as sales slump on slowing luxury demand
05:17am, Wednesday, 15'th May 2024
Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.
