Burberry Group PLC

Burberry Group Plc operates as a holding company, manufactures, designs and distributes apparels and accessories under the Burberry brand. It operates through the following segments: Retail and Wholesale, and Licensing. The Retail and Wholesale segment sells luxury goods through Burberry mainline stores, concessions, outlets, and digital commerce, as well as Burberry franchisees and department stores. The Licensing segment channel offers global licenses of fragrances, eyewear, timepieces and European children's wear. The company was founded by Thomas Burberry in 1856 and is headquartered in London, the United Kingdom.

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A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions.

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Burberry has named Versace's CEO Jonathan Akeroyd, as its new CEO effective April 1, 2022.

Burberry Names New CEO – Versace Loses Leader

British fashion house Burberry named Jonathan Akeroyd as its new chief executive officer from next April, poaching the boss of Milan-based Gianni Versace and former Alexander McQueen head to succeed Marco Gobbetti.

Factbox-Burberry's new CEO Akeroyd returns to British roots

Burberry Group PLC has poached its new chief executive from Italian rival Versace, owned by luxury group Capri Holdings Limited. Jonathan Akeroyd has headed the Milan-based brand since 2016, which he joined after spending 12 years in the same role at Alexander McQueen.

Burberry poaches chief executive from Italian rival Versace

Burberry appoints Jonathan Akeroyd as CEO

LONDON (Reuters) -British fashion house Burberry named Jonathan Akeroyd as its new chief executive officer from next April, appointing the current boss of Milan-based Gianni Versace and former Alexander McQueen head to succeed Marco Gobbetti.

Burberry names Versace boss Akeroyd as new CEO

Burberry Group plc offers a more balanced risk/reward profile now that it's trading at a historical high relative discount to its peers, according to analysts at UBS. The luxury designer is also due to announce the appointment of a new chief executive after Marco Gobbetti said earlier this year he would step down around December.

Is Burberry Group plc still a 'sell'? UBS weighs in

Iconic trench coat manufacturer Burberry has been an underwhelming performer since my "neutral" rated article in January. Despite a good first half share price performance, the unexpected departure of the CEO has weighed on the stock. Recent ructions in China may be having an impact too.

Burberry: Weighed Down By CEO Departure And China, Now Decent Value

Burberry Group PLC ( LSE:BRBY , Financial) and Aston Martin Lagonda Global Holdings PLC ( LSE:AML , Financial) are the only luxury brands listed on the Main Market in London.

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By the start of September, the FTSE All-Share had produced a total return of 12.4%, which is well above its average return of around 7%.

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Burberry is one of the world's leading luxury fashion brands and a popular holding among "quality growth" investors. Fashion is fickle, so Burberry is by its nature a cyclical business.

Is Burberry A Good Dividend Growth Stock?

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Luxury goods stocks tumbled on Thursday as investors became increasingly concerned by developments in China, the sector's largest market.

Luxury Stocks Tumble as China Targets the Super Rich

The British fashion brand has rebounded well in the Americas and Asia Pacific, but Europe continues to be a red flag.

Burberry Revival Is On-Track Except In Europe, Stock Slides 5%

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Rio Tinto plc Sponsored

Friday's session was marked with a cluster of corporate news that was sending shares of three big heavyweights lower.

London Markets: Burberry, Rio Tinto and AstraZeneca keep a lid on London stock gains

Burberry Group PLC (LON:BRBY) sales strutted back into positive territory in the first quarter of its new financial year as more stores reopened as coronavirus restrictions were lifted. Retail revenue for the high fashion group – which is still reeling from the news last last month that chief executive Marco Gobbetti is leaving at the end of the year -reached £479mln for the 13 weeks to 26 June, up 86% on the equivalent period a year ago, while comparable store sales were up 90% versys last year and 1% higher than two years ago.

Burberry sales bounce back strongly though a third of stores still on reduced hours

Burberry, the British brand searching for a replacement for departing boss Marco Gobbetti, said it had made an "excellent start" to its new year, with full-price sales accelerating and strong growth in leather goods and outerwear.

Burberry makes 'excellent' start to financial year as sales rebound

The end of the week will see the fashion and mining sectors firmly in focus with updated due from both Burberry and Rio Tinto. Meanwhile, some investors may be keeping an eye on the macro diary for the latest set of US retail sales figures.

Burberry and Rio Tinto updates the key news for Friday

Deutsche Bank

Burberry Group PLC's (LON:BRBY) trajectory is “not changing” despite the decision of its chief executive Marco Gobbetti to exit the luxury fashion retailer before the end of the year, according to analysts at Deutsche Bank. In a note on Tuesday, the investment bank opened a “Buy idea” on the FTSE 100 firm, saying it was now entering the second phase of its now three-year-old turnaround strategy which is expected to see an “acceleration of the top line growth”.

Burberry's business trajectory unchanged despite CEO departure, says Deutsche Bank

Marco Gobbetti plans to vacate his role as chief executive officer (CEO) of Burberry and depart from the luxury goods company at the conclusion of the calendar year, according to a Monday (June 28) announcement. Gobbetti will leave his role following almost half a decade with the firm to “take up another opportunity that will […]

Burberry CEO Marco Gobbetti To Depart For Salvatore Ferragamo

The world of luxury brand fashion witnessed a major corporate defection as Burberry Group ADR (OTC: BURBY) announced the resignation of CEO Marco Gobbetti after five years in the leadership role, while Salvatore Ferragamo S.p.A. (OTC: SFRGY) simultaneously announced Gobbetti will be joining their company as CEO and general manager.

Burberry CEO Marco Gobbetti Resigns To Join Rival Ferragamo

Burberry Group PLC's (LON:BRBY) share price fall signalled that the departure of chief executive Marco Gobbetti has been a shock to the system, while some investors may be fearing a takeover. The 62-year-old fashion veteran is ending a four-year tenure to join competitor Salvatore Ferragamo, where he will hold the same role, by the end of 2021.

Burberry may be target for bidders as chief executive leaves

Shares of the London-listed luxury fashion house Burberry tumbled after it announced CEO Marco Gobbetti will depart at the end of the year to lead Italian rival Salvatore Ferragamo.

Burberry shares tumble after saying CEO Marco Gobbetti will leave for Ferragamo

Burberry Group shares fell as much as 10% after CEO Marco Gobbetti said he would be leaving the luxury goods retailer after nearly five years at the helm.

London Markets: Burberry shares reel as CEO announces departure

Marco Gobbetti, who led a turnaround at Burberry, will leave the British luxury fashion label at the end of this year to return to Italy where he'll head up rival Salvatore Ferragamo.

Burberry shares tumble after CEO resigns to join rival

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European stocks held to a tight range on Monday, pausing after a rally which has seen equities rise five of the last six weeks.

News for Burberry Group PLC Stock (BURBY)