Burberry Group PLC closed 17.69% below its 52-week high of £13.51, which the company reached on February 16th.
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector ...
The updates pointed to a possible bottom of the recession in the luxury sector, which has been struggling with falling demand. In addition, a strong rebound in the U.S. was viewed as a potential ...
LVMH Moet Hennessy Louis Vuitton SE followed other luxury goods groups and delivered better-than-anticipated sales growth in ...
Bernard Arnault lost a spot in the billionaire rankings after LVMH Moet Hennessy posted results that weren't as strong as some luxury-goods rivals.
While LVMH's results "challenge the sector narrative that all luxury companies have seen the acceleration" seen at Richemont ...
I’m not going to report record revenue, but it was nonetheless a robust year," CEO Bernard Arnault said during the earnings ...
Barclays raised the firm’s price target on Burberry (BURBY) to 720 GBp from 700 GBp and keeps an Underweight rating on the shares.Invest with ...
Department store retailer Bloomingdale's is to close its flagship location in the beleaguered San Francisco Centre mall, ...
Burberry, a trend setter? The early success of a new approach to pricing is promising. Shares in the British brand rose as ...
Britain's FTSE 100 fell on Friday, as a jump in sterling hurt export-oriented firms, while Burberry soared after a strong U.S ...