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Burberry Group PLC

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  • 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.

  • Apple's Cook gets hefty bonus for 2014 Thursday, 22 Jan 2015 | 7:40 PM ET

    SAN FRANCISCO— Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. Cook's pay for fiscal 2014 included $1.7 million in salary and $6.7 million in incentive pay that was awarded by Apple's board after he beat the performance goals that directors had set for him, according to a regulatory filing Thursday.

  • LONDON— Luxury goods maker Burberry is reporting falling sales in Asia because pro-democracy protests in Hong Kong disrupted trade during China's crucial "Golden Week" national holiday. CEO Christopher Bailey says Burberry will maximize its opportunities in the final quarter- including Lunar New Year. David Alexander, consultant at Conlumino, says between...

  • 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
    People stand before a window display of the Apple watch during the unveiling of the new and highly anticipated product at Saint-Honore street in Paris on September 30, 2014.

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

  • Who's the best mobile shopper? Try the rich Wednesday, 3 Dec 2014 | 11:42 AM ET

    Mobile sales nearly tripled on Cyber Monday on sites operated by Yoox, which runs online stores for the likes of Armani and Valentino.

  • LONDON, Dec 1- Oil and gas firm BG Group has cut millions of pounds off the pay package for its incoming chief executive Helge Lund, bowing to pressure from shareholders in the biggest such revolt over executive pay in recent years. Britain's Business Secretary threw his weight behind disgruntled investors last week, urging the new chief executive's "excessive"...

  • HONG KONG, Dec 1- Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists. Protests began choking parts of the Asia financial centre in late September, disrupting business...

  • HONG KONG, Dec 1- Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads and scared off mainland Chinese tourists. Protests began choking parts of the Asia financial centre in late September, disrupting business...

  • Prague: Where China and Russia’s 1% love to shop Friday, 28 Nov 2014 | 5:11 AM ET
    Christian Dior store, left, and a Boucheron jewelry store in central Prague, Czech Republic

    Some 25 years after the fall of communism, Prague has become a favorite shopping destination of Russian and Chinese rich.

  • Stocks end little moved near records; utilities hit Wednesday, 12 Nov 2014 | 4:50 PM ET

    Stocks fell Wednesday as investors mulled the slowdown in Europe and earnings from retailers.

  • Europe shares sink; banks suffer; DAX down 1.8% Wednesday, 12 Nov 2014 | 11:58 AM ET

    European shares closed lower on Wednesday, with investors shunning banking stocks after regulators announced penalties.

  • UPDATE 2-Burberry says foreign exchange impact to fade Wednesday, 12 Nov 2014 | 4:35 AM ET

    *Burberry H1 adjusted profit before tax 152 million pounds. Burberry reported an adjusted profit before tax of 152 million pounds for the six months to Sept. 30, which was broadly in line with forecasts. Burberry said demand from the Chinese, which fell significantly in recent months, had not really improved while spending by the Russians, which have seen the value...

  • Burberry profits rise in 'difficult' environment Wednesday, 12 Nov 2014 | 2:24 AM ET
    Burberry bags are on display at Bloomingdale's in New York.

    British luxury brand pointed to a 'more difficult external environment' as it posted a 6 percent rise in half-year adjusted pre-tax profit.

  • Stocks little moved, with S&P 500 and Dow at records Tuesday, 11 Nov 2014 | 4:16 PM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stocks ended near highs on Tuesday, with the Dow and S&P each edging up to a record close.