Burberry stock has sold off sharply since I last covered it in the summer, with the firm seeing a sharp slowdown in sales growth in its fiscal Q2. Management pinned the blame on a broader slowdown in
US investment bank Stifel has shifted its recommendation for luxury fashion brand Burberry Group PLC (LSE:BRBY) to 'hold' from 'buy' with a reduced price target for the shares, now set at 1,550 pence
Burberry (LON: BRBY) share price is hovering near the year-to-date low after a rating downgrade by Jefferies. The stock plunged by more than 2.85% on Tuesday and moved below the important support at $
While the S&P 500 and Nasdaq have enjoyed another bumper month, a number of London's blue chips have sunk to 52-week lows today, including Unilever PLC (LSE:ULVR) and Burberry Group PLC (LSE:BRBY), al
High fashion companies have high profit margins, growing revenues, and competitive advantage from successful historical brands. In this case, being European companies, it is important to consider the
Weaker second-quarter sales and a downbeat second-half outlook disguised much of the potential from the Burberry brand turnaround, according to Deutsche Bank. The new Daniel Lee-designed product is st
Luxury goods stocks like Burberry Group PLC (LSE:BRBY), Kering and Ferragamo are not worth buying despite their cheap valuations, JP Morgan analysts believe. All three of the stocks have been placed o
Burberry on Thursday said it is unlikely to achieve its sales goals for its current fiscal year due to a global slowdown in spending on luxury goods that has seen the world's top fashion houses and lu
Revenues rose 4% during the 26 weeks to 30 September, to £1.4 billion, as sales trekked lower across all of its markets.
Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts
Burberry Group PLC (LSE:BRBY) warned that if the recent global slowdown in demand for luxury goods continues it is unlikely to hit its full-year revenue targets. The fashion group revealed that like
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Nordstrom (JWN) and Burberry Group PLC (BURBY). But which of these two stocks offers value investors a bett

Is Burberry in trouble following LVMH sales miss?

09:37am, Wednesday, 11'th Oct 2023
Louis Vuitton Moet Hennessy (EPA:MC), the luxury goods conglomerate, missed revenue targets by about 4% in the third quarter as the high-end goods market experienced a slowdown and with shares slippin
Fashion boffins at Citi visited Burberry Group PLC (LSE:BRBY)'s refurbished Bond Street store and came away with moderately good things to say about chief creative officer Daniel Lee's turnaround visi
British fashion brands were under pressure Tuesday, amid anxiety over a faltering U.K. consumer and slowing global growth for luxury labels.
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