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.

Hermes International

LVMH Moet Hennessy Louis Vuitton

Kering SA

Swatch Group AG/The

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%

AstraZeneca

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

Nokia

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

Europe Markets: Nokia climbs and Burberry slumps as European stocks slip after strong run

Departure of Italian credited with turning round British luxury fashion brand prompts share price plunge

Burberry boss Marco Gobbetti to step down after five years at helm

Burberry Group PLC's (LON:BRBY) chief executive Marco Gobbetti is to leave the fashion designer at the end of 2021 to join competitor Salvatore Ferragamo. He will hold the role of general manager and chief executive at the Milan-listed luxury group.

Burberry chief executive jumps ship to join Ferragamo

Shares of U.K. luxury goods group Burberry slumped 4% after Marco Gobbetti said he would be leaving the company at the end of the year to take the same role at leather goods maker Salvatore Ferragamo in his native Italy. Burberry said it has begun a search for his successor.

Burberry shares slump as CEO leaving to take top job at Ferragamo

Italian luxury group Salvatore Ferragamo said on Monday it had chosen Marco Gobbetti, the outgoing CEO of British group Burberry, as its new chief executive.

Ferragamo picks Burberry's Gobbetti as its new chief

Burberry Group PLC (LON:BRBY) announced that its chief executive Marco Gobbetti is to leave the fashion designer at the end of 2021. Gobbetti, who has led the transformation of Burberry's brand and business, will be stepping down after nearly five years in the FTSE 100 group to take up another opportunity so he can return to Italy and be closer to his family.

Burberry chief executive leaves job to move back to Italy

Burberry said on Monday that Chief Executive Officer Marco Gobbetti has informed the British luxury group his intention to step down from the role to take up another opportunity.

Luxury brand Burberry CEO Marco Gobbetti to step down

Burberry ended 2021 on a strong note as its Q4 revenue was just a few percent below the revenue in the comparable period in Q4 2019. The dividend has been reinstated at pre-COVID levels.

Burberry: Reversing Impairment Charges Boosted 2021 Results

Dillard's

Dillard's profit soared in 2020 to a gain of $156 Million in 2021. Burberry's operating profits rose in the last fiscal year from $265 Million to $732 Million.

Burberry And Dillard's Take Markdowns Out Of Stores – Focus On Full Price Sales

It's been a bumpy old day for investors in Burberry Group PLC (LON:BRBY). A cursory glance at its prelims suggested the luxury clothing and accessories group was faring well in the aftermath of the pandemic.

Bumpy day, but is Burberry still a long-term winner?

Burberry Group plc (BURBY) CEO Marco Gobbetti on Q4 2021 Results - Earnings Call Transcript

It's been a bumpy old day for investors in Burberry PLC (LON:BRBY). A cursory glance at its prelims suggested the luxury clothing and accessories group was faring well in the aftermath of the pandemic.

News for Burberry Group PLC Stock (BURBY)