Burberry Group PLC


  • 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...

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

  • UPDATE 1-Twitter testing "buy" button on tweets Monday, 8 Sep 2014 | 10:02 AM ET

    Sept 8- Twitter Inc is testing a "buy" button in some tweets that allows a mobile user to buy directly from a tweet. Facebook Inc has also been testing a "buy" button on its website that will let consumers purchase products that are advertised on its network.

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

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

  • *Consumer-facing UK shares to suffer on rate hike concerns. Although the timing and scale of any rate rise remains uncertain, some investors are pulling back from the UK consumer goods sector on perceptions that credit-fuelled demand will be squeezed in the short term.

  • ROME, Aug 6- Italian designer label Tod's is edging away from its comfortable driving shoes, ballerina flats and platform sandals in an attempt to diversify its business and revive flagging sales.

  • ROME, Aug 6- Italian designer label Tod's is edging away from its comfortable driving shoes, ballerina flats and platform sandals in an attempt to diversify its business and revive flagging sales.

  • 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.

  • Europe shares close down, Portugal banks weigh Thursday, 10 Jul 2014 | 11:36 AM ET

    European stocks ended the day lower with peripheral stocks leading the declines, as Portugal's PSI 20 Index fell over 4 percent.

  • BoE holds fire amid fears of sterling strength Thursday, 10 Jul 2014 | 7:08 AM ET
    The Bank of England

    The BoE left interest rates and its asset purchase target unchanged amid concerns that a strong sterling is choking off an economic recovery.

  • Burberry warns exchange rates to impact profits Thursday, 10 Jul 2014 | 2:36 AM ET

    British luxury brand Burberry on Thursday warned that if exchange rates remained at current levels, that would have a "material impact on profits".

  • Louis Vuitton loses 'wow' factor in South Korea Monday, 23 Jun 2014 | 12:30 AM ET
    A customer sits behind the window display of a Chanel store at Lotte Shopping's department store in Seoul, South Korea.

    South Korean housewife Kwak Ji-yoon used to be a loyal customer of Louis Vuitton, but these days she prefers Alexander Wang handbags.

  • Europe closes slightly up; central banks in focus Wednesday, 21 May 2014 | 11:34 AM ET

    European shares closed slightly up on Wednesday, after wavering throughout the day, as investors looked towards central bank policy.

  • Burberry tops estimates as new boss takes helm Wednesday, 21 May 2014 | 4:00 AM ET

    Burberry reported a hike in sales and pre-tax profit for the year ending March, in the first set of results since new CEO Christopher Bailey took the helm.

  • Bad news for richest 1% as luxury firms hike prices Monday, 12 May 2014 | 10:40 AM ET

    Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits.

  • Retail's nasty game of musical chairs not over Tuesday, 6 May 2014 | 11:55 AM ET
    Gregg Steinhafel, Target's former CEO.

    Target CEO Gregg Steinhafel's name has been added to the list of retail execs caught in a nasty game of musical chairs.

  • Jim Cramer: Here's why Apple broke $600 a share Tuesday, 6 May 2014 | 10:23 AM ET
    Angela Ahrendts

    Apple shares closed above $600 after Monday's trading session. CNBC's Jim Cramer identified 68 million reasons behind the stock's comeback.