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Market Watch (Free subscription) | 14/10/2009
FRANKFURT (MarketWatch) -- Burberry Group plc said Wednesday its first-half underlying retail revenue rose 14% from the same period a year ago, with comparable store sales growth of 2%. The luxury goods company also reported adjusted wholesale revenue fell 23% in the first half from the same period a year ago, while licensing revenue dropped 6%. Burberry said it expects wholesale revenue in the second...
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Just Style (Free subscription) | 02/10/2009
Luxury fashion brand Burberry Group Plc has amended its Japanese apparel licence in a move that will lift near-term profits by setting higher performance levels.
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Denver Post (Free subscription) | 28/09/2009
Burberry Group Plc, the largest U.K. luxury-goods maker, is adding $600 trench coats and $150 Wellington boots to entice U.S. stores into giving the brand more space and reverse falling sales in the world's biggest economy.
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ShoppingBlog.com (Free subscription) | 24/09/2009
Roberto Cavalli says that department stores are being too pessimistic about the economy which could eventually turn off potential customers. "Departments stores are being very, very careful at this time on making orders," the designer said in an interview at Milan Fashion Week. "They are negative and pessimistic and this they transmit to the final consumer." European retail sales...
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Denver Post (Free subscription) | 05/09/2009
Burberry Group PLC, Britain's largest luxury-goods company, may accelerate plans to open U.S. stores as premium shop space becomes available at cheaper prices, Chief Financial Officer Stacey Cartwright said.
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Just Style (Free subscription) | 15/07/2009
British luxury goods firm Burberry Group Plc today (15 July) said it has made "a solid start to the year" after first quarter sales rose 8% as new store openings helped offset a slowdown in wholesale revenues.
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Daily Advance - Business (Free subscription) | 15/07/2009
LONDON — British luxury goods company Burberry Group PLC said Wednesday that total revenue fel...
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Boston Globe (Free subscription) | 15/07/2009
British luxury goods company Burberry Group PLC said Wednesday that total revenue fell 4 percent in the three months to June 30, dragged down by a slump in wholesale revenues.
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The Business of Fashion (Free subscription) | 17/06/2009
Jimmy Choo to Design for H&M (WSJ) “Swedish fashion retailer Hennes & Mauritz AB on Wednesday unveiled the name of its next designer collection team-up: British accessory brand Jimmy Choo.” Burberry Chief Says Luxury Demand Is ‘Stabilizing’ (Bloomberg) “Burberry Group Plc Chief Executive Officer Angela Ahrendts said luxury demand is leveling out as the market slowdown...
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Total Trader (Free subscription) | 20/05/2009
Calendar Economic Data Releases Country Time (GMT) Name Expectation Prior Comment UK 08:30 Bank of England Minutes - - US 13:30 Geithner testifies on TARP - - US 18:00 FOMC Minutes - - Earnings Releases Country Time (GMT) (G(GMT)(GMT) Name EPS exp. EPS prior Comment UK - Burberry Group PLC 0.275 0.279 US Bef-Mkt Deere & Co (John Deere) 1.071 0.622 UK - London Stock Exchange Groupo 0.308 0.405 What’s...
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ShoppingBlog.com (Free subscription) | 21/04/2009
Burberry Group PLC reported a 14% rise in sales for the fourth quarter, mostly due to the weakened British pound. Sales for the quarter were $501 million. Excluding the effects of currency, sales fell 5 percent. Dollar figures have been calculated at average exchange rates for the period. "We're one of the only luxury players that reports in sterling and this is our time for benefits from that...
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Market Watch (Free subscription) | 21/04/2009
British luxury-goods firm Burberry Group Plc on Tuesday posts a 21% increase in second-half sales as customers continue to snap up its iconic checkered trench coats and thick leather bags in Europe and Asia, and as the pound weakens against other currencies.
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