Burberry Stock News

Luxury investors have found their appetite again

At Burberry Group PLC's (LSE:BRBY) interim results in mid-November, investors will be watching for evidence that CEO Jonathan Schulman's turnaround is gaining traction after recent share price weakness. The shares have come under pressure "due to market concerns over its stalling brand momentum" in the midst of the turnaround.

Short interest is an imperfect but useful indicator of investor sentiment. Healthy pullbacks on even the most bullish stocks are a normal part of a healthy market.

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.