Burberry to scale back markdowns after profit drop
12th Nov 2020 07:03
(Sharecast News) - Burberry said revenue would be affected by fewer price markdowns as the luxury brand reported a 75% drop in first-half profit driven by the Covid-19 crisis.
Read moreThursday preview: Fed's Powell, Burberry in the spotlight
11th Nov 2020 17:05
(Sharecast News) - Financial markets focus on Thursday will be on a preliminary print for UK gross domestic product in the third quarter.
Read moreSunday share tips: United Utilities, Burberry
1st Nov 2020 15:38
(Sharecast News) - The Mail on Sunday's Midas column touted the benefits of water stocks for income investors still licking their wounds from what data consultancy Link projects will be a two-fifths reduction in UK dividend payments this year.
Read moreMonday broker round-up
21st Sep 2020 13:19
(Sharecast News) - Burberry Group: RBC Capital Markets upgrades to sector perform with a target price of 1,620.0p.
Read moreRBC Capital upgrades Burberry to 'sector perform'
21st Sep 2020 08:16
(Sharecast News) - RBC Capital Markets upgraded Burberry to 'sector perform' from 'underperform' on Monday, lifting the price target to 1,620p from 1,450p as it pointed to limited downside risk following a 28 percentage point year-to-date relative share price underperformance.
Read moreBurberry teams up with Twitch to livestream fashion show
14th Sep 2020 14:39
(Sharecast News) - Luxury fashion brand Burberry said on Monday that it has teamed up with Amazon-owned streaming service Twitch to livestream its spring/summer 2021 fashion show.
Read moreBurberry sees 50% slump in H1 sales after lockdowns as job cuts loom
15th Jul 2020 09:53
(Sharecast News) - Luxury fashion brand Burberry said it expected first half revenue to fall by up to 50% and would restructure further as the coronavirus pandemic continued to have a material impact on sales.
Read moreBurberry sees first-half sales slump of up to 50% as it plans restructure
15th Jul 2020 06:57
(Sharecast News) - Luxury fashion brand Burberry said it expected first half revenue to fall by up to 50% and would restructure further as the coronavirus pandemic continued to have a material impact on sales.
Read moreWednesday preview: Covid-19 vaccines, Burberry in focus
14th Jul 2020 13:42
(Sharecast News) - The focus in markets is likely to be on the news-flow around potential Covid-19 vaccines following confirmation that a third phase clinical trial for Moderna Therapeutics's vaccine treatment will go ahead in July as scheduled.
Read moreFriday broker round-up
26th Jun 2020 13:24
(Sharecast News) - Crest Nicholson: Jefferies downgrades to hold with a target price of 226.0p.
Read moreFriday broker round-up
5th Jun 2020 13:47
(Sharecast News) - Burberry: Goldman Sachs downgrades to sell with a target price of 1,490p.
Read moreGoldman Sachs downgrades Burberry to 'sell'
5th Jun 2020 08:10
(Sharecast News) - Goldman Sachs downgraded its stance on shares of luxury brand Burberry to 'sell' from 'neutral' on valuation grounds, with the stock trading at 28.7x price-to-earnings CY21.
Read moreWednesday broker round-up
3rd Jun 2020 13:56
(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.
Read moreTuesday broker round-up
26th May 2020 13:50
(Sharecast News) - Greencore Group: Peel Hunt reiterates hold with a target price of 130p.
Read moreBurberry slashes dividend as Covid lockdown hammers sales
22nd May 2020 07:01
(Sharecast News) - Fashion retailer Burberry pulled its final dividend and took a £241m hit to profits related to the coronavirus pandemic.
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