$15.17
-0.80 (-5.03%)
At Close: Jun 03, 2026
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.
Burberry expects further challenges ahead as profits fall 34%
02:34am, Wednesday, 15'th May 2024
Burberry Group PLC (LSE:BRBY) reported profits down by more than a third as the UK fashion house says the "backdrop of slowing luxury demand has been challenging" and is expected to remain so in the c
Burberry set for uneasy prelims on 15 May
10:31am, Thursday, 09'th May 2024
Burberry Group PLC (LSE:BRBY)'s preliminary results next week come as the high-end fashion brand faces a fork in the road. That's what UBS analysts recently implied, pointing out that a sizable chunk
Burberry share price outlook darkens after weak LVMH earnings
12:05am, Wednesday, 17'th Apr 2024
Burberry's (LON: BRBY) share price is in a steep freefall as concerns about the luxury market continue. The stock crashed to a low of 1,135p on Tuesday, its lowest point since 2020.
Levi Strauss names Burberry exec Gianluca Flore its chief commercial officer
06:52pm, Thursday, 11'th Apr 2024
Levi Strauss LEVI, -1.14% on Thursday named Burberry executive Gianluca Flore chief commercial officer as the company looks to round out its reshuffled leadership team.
UBS says consumer spending on luxury will become more selective
11:11pm, Wednesday, 20'th Mar 2024
Claudia Panseri, UBS's chief investment officer for France, discusses the luxury sector following Kering's results.
Sign In
Buy BURBY