Burberry Stock News

Burberry creative director Daniel Lee deconstructed the classic trenchcoat for the British brand's Spring/Summer 2025 collection, with models draped in baby blue capes with feather trim walking a lilac-carpeted catwalk at London's National Theatre on Monday.

Kering SA (EPA:KER) joined fellow luxury goods supplier Burberry in the doghouse as it got a downgrade from two City investment houses. Burberry hit a fifteen-year low on its downgrade from Barclays, but the bank also downgraded Gucci-owner Kering which hit a seven-year as it also got a downgrade from Canadian bank RBC.

Burberry Group PLC (LSE:BRBY) shares continue their terminal decline with another 5% knocked off the British luxury label this morning. At 571p per share, it means Burberry's valuation has retraced to lows not seen since November 2009- nearly 15 years ago.

British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 on Wednesday, as waning sales and management changes added to the pressures facing the 168-year-old retailer. The relegation marks a fresh blow for Burberry, whose share price is down more than 53% so far this year.

Dublin, Aug. 12, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: Burberry Group Plc 2024" company profile has been added to ResearchAndMarkets.com's offering. Burberry Group plc (Burberry) manufactures, retails, wholesales, and markets luxury goods. The company provides accessories, men's and women's apparels, children wear, beauty and other products. The company markets these p...

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Burberry's disappointing Q1 FY25 sales led to a 16% drop in stock price in a single day and it's now trading near its all-time lows. A weakening Chinese market, which has significantly contributed to the overall luxury market slowdown, hasn't spared Burberry either. Declining sales in other regions added to its woes. Burberry's suspended dividend payments and unconvincing market multiples indic...