Sales, margins and profits all rose at the FTSE 100 luxury goods retailer.
Burberry Group PLC (LSE:BRBY) reported a 5% increase in revenues to £1.35bn as sales growth accelerated in the second quarter. Second quarter sales growth of 11% was up from the 1% posted in quarter
Jeremey Hunt has already warned that the Autumn Statement will see “eye-watering” decisions that need to be made on spending cuts and tax increases, with many moving parts that investors will wan

Burberry given a boost ahead of its interims

07:31am, Wednesday, 16'th Nov 2022
Burberry Group PLC (LSE:BRBY) shares were given a double boost ahead of its interim results which will be posted, when a strategy update is also expected from new boss Jonathan Akeroyd. The British up
United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as well as being an independent brand at a time when many

Burberry: Wait And Watch

06:44pm, Thursday, 29'th Sep 2022
Burberry's price was up by 7.7% at the last close, in contrast with a weakening trend this year, calling for a closer analysis. Its financial performance is encouraging, especially its growing margins
Chief creative officer Riccardo Tisci will be replaced by Daniel Lee next month.
Burberry Group PLC (LSE:BRBY) appointed Daniel Lee as its chief creative officer, replacing Riccardo Tisci who is stepping down following his last runway show on Monday. Lee had this role at Italy's B
GSK PLC (LSE:GSK, NYSE:GSK) poached Burberry Group PLC (LSE:BRBY)'s chief financial officer (CFO) Julie Brown to complete a rare but all-female executive leadership team. Brown will replace Iain Macka

GSK picks Burberry's Brown as first female CFO

02:06am, Monday, 26'th Sep 2022
GSK named luxury fashion brand Burberry's Julie Brown as its first ever female chief financial officer on Monday to succeed Iain Mackay, at a time when the British drugmaker is sharpening focus on its

Burberry: Inflation And Decoupling From China

09:25am, Wednesday, 31'st Aug 2022
Burberry is not affected by inflation in the same way as other companies due to the Veblen effect. Hence, Burberry is a good addition to your portfolio despite the global cost of living crisis.
Though mainland China was a disappointment due to the disruption from government-imposed health restrictions, the British luxury brand saw comparable store sales advance by 1% in Q1 FY23.

Burberry share wobble is just a blip, says UBS

10:31am, Friday, 15'th Jul 2022
Burberry Group PLC (LSE:BRBY)'s stock is expected to appreciate over the medium term despite the impact of reduced sales in China.   Analysts at investment bank UBS predict that the British design
British luxury brand Burberry said a drop in demand for footwear such as sneakers and slides drove a 4% fall in first-quarter like-for-like sales in the Americas.
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