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Burberry Group PLC

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  • LONDON— Fashion is notoriously fickle but there's two things sure to be everywhere this fall: Suede and fringing— lots of it. Actress Maggie Gyllenhaal squeezed in with Grammy-winning musician Sam Smith, and all the top British models were here: Kate Moss, Cara Delevingne and Jourdan Dunn. Burberry is the biggest and most successful British brand at London...

  • Burberry hosts starry show at London Fashion Week Monday, 23 Feb 2015 | 8:03 AM ET

    LONDON— London Fashion Week rolled out the big guns Monday, with British design powerhouse Burberry hosting the glitziest catwalk show of the season. Hunter, the maker of the classic Wellington boots, evoked wild Scottish countryside with indoor waterfalls, while Christopher Kane seduced with clothes featuring nude life drawings. The fashion industry is...

  • LOS ANGELES, Feb 22- Eddie Redmayne won his first Oscar on Sunday for his break-out role as physicist Stephen Hawking in the biographical movie "The Theory of Everything." The British actor, 33, took home the Academy Award for best actor for playing Hawking and the disabling complications of a motor neuron disease, known as Lou Gehrig's disease or ALS, over the...

  • Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. More than that, the confusion officials recounted from behind the scenes left mutual...

  • *Athens forced to climb down and accept strict oversight. BRUSSELS, Feb 20- Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March that could have forced the country out of the currency area. The deal, to be ratified once Greece's creditors are satisfied with a list of...

  • BRUSSELS, Feb 20- Euro zone finance ministers reached an agreement on Friday to extend heavily indebted Greece's financial rescue by four months, officials on both sides said. An agreement removes the immediate risk of Greece running out of money next month and possibly being forced out of the single currency area. European Union paymaster Germany, Greece's...

  • *Der Spiegel says ECB making contingency plans for Grexit. BRUSSELS, Feb 20- Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece's financial rescue package, officials on both sides said. European Union paymaster Germany, Greece's biggest creditor, had demanded "significant improvements" in reform...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's leftist prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan but Germany demanded "significant improvements" in Greek reform commitments. German Chancellor Angela Merkel, speaking after talks in Paris, said all EU...

  • *Greece could run out of money by end of March. BRUSSELS/ ATHENS, Feb 20- Greece's new prime minister said on Friday he was certain euro zone finance ministers would accept Athens' request for an extended loan as EU paymaster Germany softened its hostile tone. Berlin and other euro zone hawks want guarantees that Greece will fulfil strict conditions in its...

  • *Burberry, Louis Vuitton have Africa collections. *World has changing attitude towards Africa. Global fashion designers like Yves Saint Laurent took inspiration from Africa decades ago and more recently brands like Burberry, Louis Vuitton and Christian Dior have embraced the continent's style and broadened its appeal.

  • Apple's Cook gets hefty bonus for 2014 Friday, 23 Jan 2015 | 6:48 AM ET
    Apple CEO Tim Cook speaks in Laguna Beach, Calif.

    Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year.

  • Dow futures down nearly 250 pts; retail disappoints Wednesday, 14 Jan 2015 | 8:42 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures signaled a lower open on Wednesday, as weak oil prices hit copper and mining stocks and investors awaited bank earnings.

  • Burberry hit by falling sales in Hong Kong Wednesday, 14 Jan 2015 | 5:31 AM ET
    Burberry store at London's Heathrow Airport

    British luxury brand Burberry warned on Wednesday that a fall in sales in the key market of Hong Kong could impact its full-year margin.

  • UPDATE 1-Burberry hit by falling sales in Hong Kong Wednesday, 14 Jan 2015 | 2:45 AM ET

    Known for its raincoats with camel, red and black-check patterned linings, Burberry said retail sales rose 14 percent to 604 million pounds in its October-December third quarter, with comparable growth of 8 percent, steady on the previous quarter. Burberry said Asia-Pacific delivered low single-digit percentage growth compared to double-digit growth in...

  • Burberry says sales fell in Hong Kong in late 2014 Wednesday, 14 Jan 2015 | 2:23 AM ET

    BERLIN, Jan 14- British luxury brand Burberry warned on Wednesday that a fall in sales in the key market of Hong Kong in the last quarter of 2014 could impact its full-year margin. Burberry said Asia-Pacific delivered low single-digit percentage growth in its third quarter, October-December, compared to double-digit growth in the previous six months, as sales...

  • Is the 'Watch' Apple's Zune moment? Monday, 12 Jan 2015 | 8:04 AM ET
    Apple CEO Time Cook announcing the Apple Watch.

    Apple usually sees giant speculative leaps before product launches, but analysts are skeptical about how much the Watch can boost the stock's value.

  • Germany overtakes UK in corporate executive pay Monday, 5 Jan 2015 | 7:01 PM ET

    Germany has overtaken the UK as Europe's top-paid corporate executives, partly reflecting public and investor pressure on remuneration in UK companies. The Financial Times reports.

  • Luxury brands missing out on this social network Tuesday, 30 Dec 2014 | 2:16 PM ET
    Models walk in the finale at the Vivienne Tam fashion show during MBFW Spring 2015 in New York.

    Luxury fashion brands sashayed their way to substantially more YouTube views in 2014, but they still have a lot of runway ahead.

  • Gucci, which provides the bulk of operating income for parent company Kering, had long said that declining sales were a result of trying to move the brand further upmarket and tough trading, particularly in China. Deciding it was now time for a change at the top, Kering promoted luxury couture and leather goods division head Marco Bizzarri to become Gucci chief...

  • Five Apple predictions for 2015 Tuesday, 9 Dec 2014 | 12:07 PM ET
    A window display of the Apple watch.

    Between some new hardware (yes), and Apple TV (no), here's what Apple watchers are predicting for the year ahead.