Shares fall as sales growth slows at LVMH

11th Oct 2023 08:59

(Sharecast News) - Shares in luxury goods giant LVMH fell on Wednesday, after weaker global demand caused sales growth to slow.

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London close: Stocks mixed on global economic jitters

26th Sep 2023 16:47

(Sharecast News) - Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody's loomed large.

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Broker tips: Burberry, Whitbread, REITs

26th Sep 2023 13:06

(Sharecast News) - Luxury fashion brand Burberry took a hit as both Morgan Stanley and Deutsche Bank cut their price targets on the stock.

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Deutsche Bank, Morgan Stanley cut Burberry price targets

26th Sep 2023 12:01

(Sharecast News) - Luxury fashion brand Burberry took a hit on Tuesday as both Morgan Stanley and Deutsche Bank cut their price targets on the stock.

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London close: FTSE finishes higher after positive China data

15th Sep 2023 16:12

(Sharecast News) - London's top-flight index managed a positive finish on Friday based on promising Chinese economic data.

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London close: Stocks slip on rising oil price concerns

6th Sep 2023 17:43

(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.

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First-quarter sales shine at Burberry

14th Jul 2023 07:03

(Sharecast News) - Burberry Group reiterated its full-year guidance on Friday after a resurgent China helped lift first-quarter sales.

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Sector movers: Personal Goods, Tobacco pace gains

6th Jun 2023 20:49

(Sharecast News) - Personal goods and Tobacco company shares were among the best performers on Tuesday.

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Burberry FY profits rise as China market rebounds

18th May 2023 07:15

(Sharecast News) - Burberry reported a rise in full-year profit on Thursday as revenues in the fourth quarter were boosted by a stronger Chinese market.

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Burberry appoints McLaren's Kate Ferry as CFO

15th Mar 2023 07:39

(Sharecast News) - Luxury fashion brand Burberry has announced the appointment of Kate Ferry as chief financial officer and executive director.

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Director dealings: Burberry director picks up shares at all-time highs

25th Jan 2023 15:11

(Sharecast News) - Burberry non-executive director picked up some shares in the luxury fashion retailer as they moved past their all-time highs.

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Thursday preview: US Q4 GDP data, jobless claims figures in focus

25th Jan 2023 11:34

(Sharecast News) - All eyes on Thursday would be on a slew of economic data in the US with a preliminary reading for fourth quarter gross domestic product figuring prominently.

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Burberry Christmas sales hit by China Covid disruption

18th Jan 2023 07:23

(Sharecast News) - Third-quarter sales at UK luxury brand Burberry took a hit from Covid-19 disruption in its key market of China, the company said on Wednesday.

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RBC Capital Markets raises target price on Burberry

18th Nov 2022 08:19

(Sharecast News) - Analysts at RBC Capital Markets raised their target price on fashion brand Burberry from 1,800.0p to 2,070.0p on Friday, citing the group's "sensible strategy".

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Burberry sets new medium-term sales guidance as H1 profits rise

17th Nov 2022 07:23

(Sharecast News) - Luxury fashion brand Burberry posted a jump in first-half profit on Thursday as it set new medium-term guidance for sales.

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