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Shares in the couturier Burberry Group PLC (LSE:BRBY) seemed impervious to a couple of downgrades as the share price rose 2.7% in early afternoon trading. RBC Capital cut its price target by a £1 a s

Ebbing Luxury Demand Puts These ETFs in Focus

05:51pm, Monday, 22'nd Jan 2024
After experiencing a difficult 2023, ebbing demand and a slowdown in global economies are set to make 2024 more difficult for luxury brands. Look into luxury ETFs to safeguard your portfolio.
Burberry (LON: BRBY) share price sell-off intensified this week after the company warned about its growth. The stock has crashed in the past four straight weeks and is now hovering at its lowest level
British fashion house Burberry on Friday issued its second profit warning in three months, citing weaker-than-expected sales over the Christmas holidays, and sparking the biggest loss for shares in we
Burberry Group Plc shares suffered their steepest intraday decline in more than a decade Friday after slashing its profit forecast due to a drop in sales in the key Christmas quarter. Dasha Afanasieva
Burberry Group PLC (LSE:BRBY) expects full-year results to be below expectations amid “challenging” trading conditions and a “backdrop of slowing luxury demand.” Chief Executive Officer Jonath

Burberry faces new hurdle in race to recovery

06:18am, Thursday, 11'th Jan 2024
Burberry Group PLC (LSE:BRBY) has had concerns raised about the ethics of its operations, adding to a multitude of issues surrounding the stock. The British designer brand was ranked lowest of any Lon
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
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