Burberry Stock News

Burberry Forward is showing early signs of success, with H2 profits offsetting H1 losses and brand initiatives gaining traction. Key turnaround drivers include a renewed focus on core outerwear/scarf categories, restoring brand scarcity, and aggressive cost-cutting measures. FY25 results highlight improved performance, but macro headwinds and weak FY26 guidance mean challenges persist for the l...

Burberry Group PLC (LSE:BRBY) turnaround is finally winning over sceptics. UBS has upgraded the stock to 'buy' from 'neutral' and lifted its price target to 1,400p, up from 918p.

Deutsche Bank has downgraded Burberry Group PLC (LSE:BRBY) to 'hold', arguing that much of the turnaround story is already reflected in the share price following a stronger-than-expected end to its financial year. Analyst Adam Cochrane said early signs of brand recovery are encouraging, but further upside now depends on more ambitious execution.

Burberry, the brand best known for its iconic checkered pattern and fashionable trench coat, announced Wednesday that it may cut around 1,700 jobs worldwide in a major cost-reducing effort. The news comes as British luxury brand reported a staggering 117% drop in annual profits, or around $87.8M (£66m), over the last financial year.

Burberry Group PLC (LSE:BRBY) shares strutted over 15% higher on Wednesday as investors and analysts drooled over the British luxury brand's stronger-than-expected fourth-quarter performance and new cost-cutting targets.  Deutsche Bank said the FTSE 250-listed group was "showing further progress on its brand turnaround" with sales of outerwear and scarves in the fourth quarter better than the i...

Shares in Burberry surged more than 15% on Wednesday after the company unveiled plans to cut about 1,700 jobs globally as part of a sweeping cost-reduction initiative, and clocked profits much higher than anticipated.

The British label said it is continuing with restructuring as part of a wider spending downturn that is plaguing the luxury sector.

Burberry Group PLC (LSE:BRBY) has reported final results showing evidence that its turnaround started to gain traction in the second half, though it swung to a loss and has seen recent trading hampered by an uncertain economic backdrop.  The luxury brand has proposed changes to the business, including up to 1,700 of job cuts that it said should "unlock" a total of £100 million of savings in two...