BURBERRY GROUP PLC Stock News

Between COVID lockdowns in China and the fallout from surging inflation, luxury goods giant Burberry is facing some near-term challenges. Trading has so far remained robust, with the firm recording re

Luxury brands in Britain are missing vital sales from international traveling shoppers who are now going to other European countries to pick up tax-free bargains.

Burberry PLC is ‘navigating uncertain waters well' said Deutsche Bank but it still cut its price target to 1,950p. The broker, whose target price previously was 2,280p, added that the company's bra

Burberry Group plc (OTCPK:BURBY) Preliminary 2022 Results Earnings Conference Call May 18, 2022 4:30 PM ET Company Participants Gerry Murphy - Chair Jonathan Akeroyd - Chief Executive Officer Julie Br

Burberry reported record profits for the year ended in April despite taking a recent sales hit from its biggest market, China.

The Burberry (LON: BRBY) share price moved sideways after the company published its trading statement. The stock is trading at 1,584p, which is about 2.65% below the highest point this week.

Burberry Group PLC (LSE:BRBY) said profits and revenue were up in the 2022 financial year, but warned that the outlook for the current year is dependent on COVID-19 recovery in China. For the year end

By Michael Susin

British luxury brand Burberry said its outlook for the year ahead depended on how quickly China, its biggest market, recovered from COVID-19 lockdowns, after meeting expectations for sales and operati

When Aviva PLC (LSE:AV.) (Aviva PLC (LSE:AV.

New Burberry Group PLC chief executive Jonathan Akeroyd will get his first opportunity to strut his stuff in the British fashion house's iconic tartan on Wednesday, having joined from Versace in March

Burberry's sales have basically recovered, with the potential for an increase once global tourism fully restarts. A focus on brand building should help profit margins down the line.

Luxury stocks are increasingly investing in the metaverse to bolster their digital presence in the rapidly evolving Web 3.0. These are the best luxury stocks to profit from the metaverse.

These luxury apparel stocks have recovered from the pandemic doldrums and are expected to have further growth in the future. The post 7 Luxury Apparel Stocks That Will Strut Their Way Through 2022 app

The market for luxury goods has been fueled by the mushrooming of high-priced fashion, leather goods and watches, just to name a few, that are sought out by the growing affluent in the U.S., Europe an