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Burberry Group PLC

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  • PARIS/ FRANKFURT, Oct 14- One of France's largest banks launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc.. The move by Groupe BPCE, France's second largest bank by customers, is an effort to attract attention and users to its S-Money mobile payments unit, which already allows people to...

  • European shares sink to 8-month low on growth jitters Tuesday, 14 Oct 2014 | 7:15 AM ET

    "The survey further confirmed the stagnation in Europe, which is building on a negative sentiment that has already been growing with previous data points. We are cautious on Europe and therefore very cautious on cyclicals such as banks, "said Lorne Baring, managing director of B Capital Wealth Management. "Investors are pricing in continued bad data prints...

  • UPDATE 1-Costco to enter China through Alibaba's Tmall Tuesday, 14 Oct 2014 | 7:08 AM ET

    Oct 14- U.S. warehouse club operator Costco Wholesale Corp said it would open an online store in China using Alibaba Group Holding Ltd's fast-growing Tmall online marketplace, entering the country's booming ecommerce market to combat slowing sales at home. Costco said the online store would provide customers in mainland China with both branded products,...

  • Mulberry shares tank as luxury takes a beating Tuesday, 14 Oct 2014 | 6:48 AM ET

    Shares in luxury handbag maker Mulberry plunged after it issued another profit warning as it continues on a painful turnaround strategy.

  • UPDATE 2-Burberry says markets getting tougher Tuesday, 14 Oct 2014 | 6:34 AM ET

    Shares in the 158- year-old fashion company, known for its raincoats with camel, red and black check patterned linings, fell up to 6 percent on Tuesday after Burberry said the "external environment becoming more difficult." The global luxury goods industry is facing a testing time, with the Ukraine crisis hitting demand in Russia and pro-democracy...

  • LONDON, Oct 14- British luxury handbag maker Mulberry cut its profit forecast for the third time this year, saying a drop in tourist shoppers had compounded the disruption to its business from a shift back to selling lower-priced bags. Luxury brands are struggling with cooling demand from emerging markets such as China and Russia, as well as a drop in tourists...

  • European shares resume slide, Iliad surges Tuesday, 14 Oct 2014 | 4:34 AM ET

    PARIS, Oct 14- European stocks fell early on Tuesday, losing ground for the seventh time in 10 sessions and tracking steep losses on Wall Street as investors fret about the strength of the global economy. British luxury brand Burberry was among the top losers in Europe, down 4.4 percent after warning that market conditions were becoming more difficult, partly...

  • Burberry, Mulberry shares slide as prospects wane Tuesday, 14 Oct 2014 | 3:18 AM ET
    Burberry store at London's Heathrow Airport

    British luxury brand Burberry posted a 15 percent rise in retail revenue in its first half, reflecting a strong performance across all regions.

  • Twitter users in France can now tweet money Monday, 13 Oct 2014 | 1:10 AM ET

    One of France's largest banks is teaming up with social network Twitter this week to allow its customers to transfer money via tweets.

  • PARIS/ FRANKFURT, Oct 12- One of France's largest banks is teaming up with social network Twitter Inc. this week to allow its customers to transfer money via tweets. The move by Groupe BPCE, France's second largest bank by customers, coincides with Twitter's own push into the world of online payments as the social network seeks new sources of revenue beyond...

  • Burberry’s Bailey tops LGBT business ranking Wednesday, 8 Oct 2014 | 7:49 PM ET
    Christopher Bailey attends the Serpentine Gallery Summer Party at The Serpentine Gallery in London.

    Burberry CEO Christopher Bailey has come top in a new ranking of the world’s top lesbian, gay, bisexual, and transgender business leaders.

  • Angela Ahrendts Monday, 6 Oct 2014 | 6:26 AM ET

    Senior vice president of retail, Apple

  • Oct 3- Pro-democracy protests in Hong Kong have disrupted business and hit share prices of luxury goods companies, ruining what is normally one of the busiest shopping weeks of the year. The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week"...

  • The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week" holiday which runs until Oct. 7th. "As the Golden Week may be responsible for half the month's total, and market anecdotes suggest that sales of the shops have declined by about 70 percent, the...

  • Oct 3- As pro-democracy protesters defy China's Communist Party leaders on the streets of Hong Kong, spare a thought for the luxury retailer. Already hit by Beijing's tenacious anti-corruption campaign that has prompted a sharp pullback in conspicuous consumption among wealthy Chinese, high-end goods makers that increasingly rely on the mainland shopper...

  • Topshop London Fashion Week interactive window

    Designers at London Fashion Week are leading the digital revolution using social media to feed consumers' appetite for fast fashion.

  • Apple courts fashionistas as smartwatch buzz grows Saturday, 6 Sep 2014 | 8:06 AM ET
    Apple store in New York

    Apple has invited top fashion editors in unprecedented numbers to its Tuesday launch, further evidence that it is preparing to unveil a smartwatch.

  • World's most expensive retail space no longer? Wednesday, 23 Jul 2014 | 8:42 PM ET
    Hong Kong's Causeway Bay shopping district.

    Hong Kong's Causeway Bay may lose its crown as a slowdown in mainland tourists hits store sales, paving the way for its first drop in a decade.

  • Burberry investors vote down CEO's big pay deal Friday, 11 Jul 2014 | 5:51 PM ET
    Christopher Bailey attends the Serpentine Gallery Summer Party at The Serpentine Gallery in London.

    Burberry shareholders rejected a 20 million pound remuneration package for its new chief executive, Christopher Bailey. The Financial Times reports.

  • Cramer: Subtle message from 3 retailers Thursday, 10 Jul 2014 | 6:54 PM ET

    After sifting through results from 3 popular retailers, Jim Cramer thinks the takeaway for investors is clear.