BURBY / Burberry: Strong Results, Rating Upgrade To Buy

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

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 more_horizontal

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 more_horizontal

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 more_horizontal

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 more_horizontal

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 more_horizontal

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 more_horizontal

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. more_horizontal