Burberry Group Plc Sponsored ADR (BURBY)
Burberry shares jump on report that Moncler is considering a bid
Burberry shares rose 7.5% on Monday after a media report said Italian luxury outerwear maker Moncler was considering a bid for the British luxury retailer.
Burberry at a ‘complex crossroads' as new chief takes reins
Troubled British luxury label Burberry Group PLC (LSE:BRBY) stands at a "complex crossroads" as new chief executive Joshua Schulman takes command, said Stifel in a broker note. Schulman faces an uphill battle to turn the ship around as current market conditions, particularly plummeting Chinese luxury demand, have sent Burberry stock to 15-year lows.
Burberry, LVMH and other European luxury retailers surge on China stimulus hopes
Luxury stocks, including Burberry Group PLC (LSE:BRBY), Watches of Switzerland Group PLC (LSE:WOSG) and Louis Vuitton Moet Hennessy (EPA:MC) sashayed higher on Thursday on investor excitement about China potentially unleashing further economic support meaures. Kering, the owner of Gucci, Saint Laurent, Balenciaga and Alexander McQueen, saw its shares leap over 10% in afternoon trading, with LVMH, Hermes International and Eastee Lauder both jumping over 9% in Paris.
Burberry price target downgraded, stock still a 'sell', says leading investment bank
UBS has lowered its price target for Burberry Group PLC (LSE:BRBY), cutting it to 410p from 477p, while maintaining a "sell" rating on the luxury brand's stock. The revision follows concerns over Burberry's ongoing strategy and a challenging outlook for the company's recovery.
Burberry presents spring styles in pastel hues against brutalist backdrop
Burberry creative director Daniel Lee deconstructed the classic trenchcoat for the British brand's Spring/Summer 2025 collection, with models draped in baby blue capes with feather trim walking a lilac-carpeted catwalk at London's National Theatre on Monday.
Burberry shares plumb new depths
Burberry Group PLC (LSE:BRBY) shares continue their terminal decline with another 5% knocked off the British luxury label this morning. At 571p per share, it means Burberry's valuation has retraced to lows not seen since November 2009- nearly 15 years ago.
British luxury icon Burberry falls out of financial fashion with FTSE relegation
British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 on Wednesday, as waning sales and management changes added to the pressures facing the 168-year-old retailer. The relegation marks a fresh blow for Burberry, whose share price is down more than 53% so far this year.
Undercovered Dozen: Burberry, Vinci SA, Lyft, PureCycle +
We share 12 ideas published last week focused on stocks with less coverage on Seeking Alpha. NexGen Energy Ltd. is seen as having potential catalysts for growth, including a federal commission hearing and US legislation banning Russian uranium imports. Extra Space Storage Inc. demonstrates impressive dividend growth and a strong position for REIT recovery according to Wise Bull.
Burberry: Too Low To Justify Selling
Burberry's disappointing Q1 FY25 sales led to a 16% drop in stock price in a single day and it's now trading near its all-time lows. A weakening Chinese market, which has significantly contributed to the overall luxury market slowdown, hasn't spared Burberry either. Declining sales in other regions added to its woes. Burberry's suspended dividend payments and unconvincing market multiples indicate that it can continue to be weak. But it has fallen so much now, there's no point in selling it.
Time to Go: 3 Companies Who Should Ditch Their CEOs Immediately
On July 15, after two years in the top job, UK luxury brand Burberry Group (OTCMKTS: BURBY ) fired CEO Jonathan Akeroyd. While I doubt Akeroyd is a contender for the worst CEOs of all time list, his tenure there was much shorter than the average tenure of 8.9 years for S&P 500 chief executives.
New Burberry chief faces tough choices on high-end ambitions
Burberry's new boss Joshua Schulman faces an immediate strategy dilemma.
Burberry downgraded after parting ways with former boss Akeroyd
Deutsche Bank has downgraded its Burberry Group PLC (LSE:BRBY) share price target in another sign of heightened uncertainty in the global luxury sector. It follows a dramatic trading session on Monday that saw the British fashion institution's valuation plummet more than 16% after parting ways with chief executive Jonathan Akeroyd.
