Burberry's turnaround drive, which has tapped Oscar winner Olivia Colman and Oasis frontman Liam Gallagher to champion its British heritage and classic trench coats, faces a fresh test on Monday when it unveils its latest designs at London Fashion Week.
Burberry Group PLC (LSE:BRBY) continues to execute on its strategy, that's according to Citibank analysts who met the CFO recently. Citi, following an IR meeting at the British designer's flagship Regent Street store, upgraded Burberry to 'buy'.
Burberry Group PLC (LSE:BRBY) and newly listed Metlen Energy & Metals PLC (LSE:MTLN) will be promoted to the FTSE 100 as part of the September quarterly review. Index provider FTSE Russell said they will replace housebuilder Taylor Wimpey PLC (LSE:TW.
The upgrade to the blue-chip index comes as part of a quarterly reshuffling. The luxury group fell out of the FTSE 100 in September 2024, bringing its 15-year run in the U.K. large-cap index to a close.
Der Modekonzern Burberry GB0031743007 und der Energie- und Metallkonzern Metlen Energy & Metals steigen in den britischen Leitindex FTSE 100 GB0001383545 auf.
Shares in Burberry Group PLC (LSE:BRBY) edged higher on Tuesday, bucking weakness elsewhere in the luxury sector after Hugo Boss highlighted the challenges facing global fashion groups. The German group warned that consumer sentiment remains weak worldwide.
Citi has lifted its price target on Burberry Group PLC (LSE:BRBY) to £16, up from £12.50, citing growing signs that the British luxury brand's turnaround plan is starting to gain traction under chief executive Jonathan Akeroyd and newly appointed creative director Daniel Lee. The broker kept its ‘Buy' rating and upgraded earnings forecasts slightly across the next three financial years, followi...
Burberry's Q1 FY2026 results show slower revenue decline and better-than-expected comparable sales, but the business remains fundamentally challenged, especially in Asia. CEO Josh Schulman's cost-cutting and strategic refocus on core products are stabilizing the company, but macroeconomic headwinds in China persist. The recent share price surge has already priced in much of the Burberry Forward...
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