Looking at Burberry’s latest earnings, Michelle McGrade, chief investment officer at TD Direct Investing, says the designer has to find a way to maintain being the “brand that everyone wants to buy.”
European markets closed higher on Wednesday, as crude oil prices pared losses.
On June 23, all eyes will be on the U.K. as it decides whether it wants to stay in the EU. Here's what key sectors are saying about a “Brexit”.
European stocks finished Friday in the red as investors digested the latest earnings and China data, ahead of a key oil summit this weekend.
European stocks finished the session slightly higher on Thursday, as investors remained cautious on the price of oil.
The British brand says its second-half sales were hit by the challenging luxury market.
Burberry said its second-half sales were hit by a drop in tourist spending in Continental Europe and weak demand in Hong Kong.
European stocks accelerated gains at the end of Tuesday's session to close higher, as investors cheered on the rally in commodity prices.
European markets closed lower on Friday in a choppy day of trade as investors reacted to a slide in oil prices and fresh jobs data from the U.S.
Singapore-based Reebonz is betting on luxury consumption picking up despite chilly economic conditions that has personal luxury growth slow down.
European stocks finished in negative territory on Tuesday, on the back of a sharp slip in mining stocks and oil prices.
Nicla Di Palma, retail analyst at Brewin Dolphin, addresses the speculation surrounding a mystery investor in luxury brand Burberry.
European equities ended lower on Tuesday, after trade data out of China hit European miners hard and oil prices fell sharply.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including German industrial production data and an accident at a mine Glencore in the Congo.
Britain's best-known luxury fashion brand is seeking help from financial advisers.
A mystery investor has built up a stake of close to 5 per cent in Burberry, prompting it to seek help from its advisers, the Financial Times reports.
European markets finished sharply higher on Friday, buoyed by a rally in mining stocks and oil prices, on top of a positive set of company updates.
Stacey Widlitz, SW Retail Advisors, shares her outlook on the retail sector. Retailers are stuck with a huge overhang of inventory, says Widlitz. Also Widlitz says she's beginning to see some tourism flow back into London's luxury retailers.
Rebecca and Uri Minkoff sparked renewed conversation over the role of New York Fashion Week.
Designers are pushing back against the traditional fashion week calendar. But experts say that change wouldn't fix everything.