Burberry Stock News

Der für seine Birkin Taschen bekannte Luxusgüterkonzern Hermès kann sich besser als LVMH behaupten. Insgesamt bleibt die Branche aber unter Druck.

Diageo PLC (LSE:DGE) and Burberry Group PLC (LSE:BRBY) face headwinds ahead, analysts said as they read across from a trading update from luxury giant Louis Vuitton Moet Hennessy (EPA:MC). As well as making Johnnie Walker and Crown Royal whiskey, Smirnoff and Ciroc vodka, Diageo also has a 34% stake in LVMH's Wine & Spirits division.

Shares in LVMH dropped 8% on Tuesday morning after the French luxury giant reported an unexpected fall in first-quarter sales, triggering a sharp reaction across the European luxury sector.

A shocker of a first-quarter update from Louis Vuitton Moet Hennessy (EPA:MC) saw its shares tank and other luxury names dragged lower too.  The world'a largest luxury company, maker of Moët & Chandon champagen, Hennessy cognac and owner of Louis Vuitton and Christian Dior fashion houses, reported a 2% fall in revenue on a reported basis and 3% on an organic basis.

Deutsche Bank has struck a cautious tone on the European luxury goods sector, warning that ongoing trade tensions and weakening demand in China could keep a lid on share price gains this year. The note, published this week, points to growing headwinds facing the industry — from Donald Trump's new tariff regime, which threatens to disrupt global supply chains, to signs of softening appetite amon...

Die italienische Modemarke Prada will den heimischen Branchenvertreter Versace übernehmen. Zusammen will man in einer schwierigen Phase Stärke zeigen.

Companies in the sector had a threadbare 2024, partly because of economic weakness in China, a country they rely on for growth.

Der Luxusgütermarkt bleibt herausfordernd, Marktführer LVMH verweist jedoch auf seine in der Vergangenheit gezeigte Stabilität in schwierigen Phasen.