PINK:BURBY
BURBERRY GROUP PLC Stock News
$14.08
-0.525 (-3.60%)
At Close: May 17, 2024
Burberry Shares Drop 8% As Retailer Flags Possible Profits Downgrade
05:20am, Thursday, 16'th Nov 2023
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 sink 9% as luxury spending slowdown bites
04:48am, Thursday, 16'th Nov 2023
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 sales screech to near-halt as luxury slowdown hits
03:04am, Thursday, 16'th Nov 2023
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
JWN or BURBY: Which Is the Better Value Stock Right Now?
12:47pm, Wednesday, 25'th Oct 2023
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
Citi brokers react to Burberry's Daniel Lee collection
07:06am, Monday, 09'th Oct 2023
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
Boohoo and Burberry shares slide amid tough times for British fashion brands
09:07am, Tuesday, 03'rd Oct 2023
British fashion brands were under pressure Tuesday, amid anxiety over a faltering U.K. consumer and slowing global growth for luxury labels.
Daniel Lee's Burberry turnaround vision dashed by analysts
07:08am, Tuesday, 03'rd Oct 2023
Daniel Lee's appointment as Burberry Group PLC (LSE:BRBY)'s chief creative officer in September 2022 came with high hopes of a turnaround for an iconic English fashion brand struggling with lagging to
Marks & Spencer, Burberry lead the call for a clampdown on shoplifting
02:49am, Monday, 02'nd Oct 2023
Major UK retailers such as Burberry PLC, John Lewis, and Marks and Spencer Group PLC (LSE:MKS) have urged the Home Secretary, Suella Braverman, to address the escalating issue of shoplifting and viole
Burberry's new Bond Street store performing well
09:51am, Thursday, 28'th Sep 2023
Burberry Group PLC (LSE:BRBY) shares perked up 1.3% on Thursday following a well received analyst visit to its newly renovated Bond Street flagship store in London. This was followed by a Q&A session
Burberry outlook uncertain as luxury headwinds mount, say brokers
09:10am, Wednesday, 27'th Sep 2023
Burberry's first-half sales should have risen by around 7%, according to analysts at Barclays, with 4% growth in the second quarter. Interims are due on 16 November and this should confirm markets hav
Burberry price target cut on lower growth forecasts
10:01am, Tuesday, 26'th Sep 2023
Burberry Group PLC (LSE:BRBY) shares have been marked 2,2% lower after Morgan Stanley (NYSE:MS) cut its price target for the luxury goods retailer. In a note covering the European luxury goods secto
Burberry: Good Progress, Competitive Multiples
12:30am, Tuesday, 26'th Sep 2023
Burberry's share price has been lacklustre recently, which is in stark contrast with its healthy trading update. Its same-store sales rose by 18% in Q1 FY24. These were driven by China's recovery, whi
Burberry CEO on Brand, Tourist Sales, London Fashion Week
09:54am, Friday, 15'th Sep 2023
Burberry CEO Jonathan Akeroyd discusses the company's strategy to elevate the brand in the luxury sector, why the UK tourism market is lagging behind mainland Europe, and plans to expand into the acce
Burberry raises ahead of launch of new collection from Daniel Lee
09:08am, Friday, 15'th Sep 2023
Burberry Group PLC (LSE:BRBY) shares are up 2.6% at 2,167p supported by the better economic news from China - which is a big buyer of luxury goods - and ahead of the Daniel Lee Spring-Summer show on S