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BURBY / Burberry results to point out continued hope on China recovery

Burberry Group PLC (LSE:BRBY)'s Friday, 14 July first quarter update will likely delve into how the luxury brand is coping with a slower-than-expected Chinese economic recovery. Given the reliance on Chinese markets by luxury brands, the increasingly evident sluggishness of the world's second-largest economy to recover post-covid could spell bad news. Read More

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Posted: Jul 7 2023, 06:14

Author Name: Proactive Investors

BURBY News

By Zacks Investment Research
October 25, 2023

JWN or BURBY: Which Is the Better Value Stock Right Now?

Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Nordstrom (JWN) and Burberry Group PLC (BURBY). But which

By Proactive Investors
October 11, 2023

Is Burberry in trouble following LVMH sales miss?

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 mar

By Proactive Investors
October 9, 2023

Citi brokers react to Burberry's Daniel Lee collection

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 c

By Proactive Investors
October 3, 2023

Daniel Lee's Burberry turnaround vision dashed by analysts

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 iconi

By Proactive Investors
October 2, 2023

Marks & Spencer, Burberry lead the call for a clampdown on shoplifting

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 add

By Proactive Investors
September 28, 2023

Burberry's new Bond Street store performing well

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 st

By Proactive Investors
September 27, 2023

Burberry outlook uncertain as luxury headwinds mount, say brokers

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

By Proactive Investors
September 26, 2023

Burberry price target cut on lower growth forecasts

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.

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