UK fashion company Burberry Group is betting on growth in its smaller handbag business and playing up its trademark colours as new chief executive Marco Gobbetti seeks to join the luxury industry’s turnaround.
Tue, 19 Sep, 2017
The pound lost steam but continued to hover near six-month highs as investors took an optimistic view of Prime Minister Theresa May's plans for a general election in June.
Wed, 19 Apr, 2017
Recovery in luxury-goods industry gained pace after handbag maker Hermes International joined LVMH and Gucci parent Kering in saying the Chinese market is improving and pointed to growth in leather goods like its iconic Birkin bag.
Fri, 04 Nov, 2016
Hermes International solidified its status as the luxury industry’s go-to label, proving that customers are willing to ignore growing economic uncertainty and spend thousands of dollars on must-have leather handbags.
Fri, 22 Jul, 2016
Burberry Group’s plan to build a new £50m (€59.7m) weaving facility in the UK is on hold as the luxury-goods maker assesses the impact of the country’s Brexit vote.
Fri, 15 Jul, 2016
LVMH dragged luxury stocks lower after the maker of Celine handbags reported weaker-than-expected revenue growth, dealing a fresh blow to industry sentiment.
Wed, 13 Apr, 2016
London's blue chip index failed to find direction today as investors sat tight ahead of news from the eurozone and economic data this week.
Mon, 11 Feb, 2013
Marks and Spencer’s underperforming Irish operations helped drag down the retail giant’s international division sales by 2% in the last quarter.
Wed, 18 Apr, 2012
British banking stocks gained today after a key report shied away from recommending a full-blown split of their retail and investment arms.
Mon, 11 Apr, 2011
The FTSE 100 Index finished in the red today but that did not prevent it enjoying its best September for 13 years.
Thu, 30 Sep, 2010
Dismal housing data from the US fuelled fears of a slowdown in global economic recovery today, rattling investor confidence and triggering a slump in stock markets.
Tue, 24 Aug, 2010
London’s blue chip share index closed deep in the red for a third straight session today after disappointing bank earnings on Wall Street sparked a late sell-off.
Fri, 16 Jul, 2010
Stock markets worldwide moved higher today after earnings cheer from US bank JP Morgan Chase confirmed a buoyant start to America's results season.
Wed, 14 Apr, 2010
The FTSE 100 Index dipped into negative territory today after poor earnings from US groups General Electric and Bank of America knocked investor confidence.
Fri, 16 Oct, 2009
Animal rights activists dressed as cave people gathered outside a Burberry boutique in downtown Hong Kong today, protesting the company’s use of fur.
Tue, 16 Jan, 2007
The Japanese continuing love affair with all things British has boosted maiden results at newly demerged Burberry Group.
Wed, 24 Jul, 2002
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