Burberry’s pivot back to its roots is working
Burberry Shares Jump 16% As Q4 Sales Fall Less Than Feared
Sales continue to fall at embattled Burberry but at a lesser rate than analysts had predicted. Retail revenues were down 7% in the three months to December, to £659 million. This was down 3% at stable exchange rates. Comparable store sales were down 4% year on year. Market consensus had suggested a fall of around 12%.
British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China, but the troubled ...
Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by a stronger holiday ...
JPMorgan raised the firm’s price target on Burberry (BURBY) to 775 GBp from 650 GBp and keeps a Neutral rating on the shares.Invest with ...
BURBERRY’S return to its outerwear roots has comforted investors who had cold-shouldered the brand. New boss Joshua Schulman ...
Burberry, a trend setter? The early success of a new approach to pricing is promising. Shares in the British brand rose as ...
Telsey Advisory raised the firm’s price target on Burberry (BURBY) to 13 GBp from 9 GBp and keeps a Market Perform rating on the shares. The ...
The luxury flash e-tailer is hosting a limited-time Burberry sale, and from now through Friday, Jan. 17, you can shop ...
The company said its second-half results could broadly offset an adjusted operating loss it reported in the first six months ...
Burberry Group PLC closed 17.58% below its 52-week high of £13.51, which the company reached on February 16th.
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