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18.07.25 - 17:15
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Goldman, UBS Encouraged By Burberry′s Turnaround Momentum After Earnings Print (ZeroHedge)
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Goldman, UBS Encouraged By Burberry's Turnaround Momentum After Earnings Print
The global luxury market remains under pressure across all major regions—from Asia to Europe to the U.S.—but one brand may be turning a corner. British trench coat maker Burberry has been undergoing a multi-quarter turnaround, showing early signs of a potential bottoming out. A sustained recovery, however, will depend on consumer sentiment holding up amid ongoing trade disputes and mounting macroeconomic headwinds.
Burberry shares jumped 7% in London after the luxury brand reported better-than-expected first-quarter sales—offering a much-needed sigh of relief for traders and investors who've been buying the dip. The rally follows a brutal multi-year bear market, with shares down as much as 78% from their early 2023 peak of £2,656 to a low of £597 by mid-2024.
And the retracement begins.
Q1 FY 2025 was better than expected:
Comparable Retail Sales: -1% (better than -3.67% expected)
Retail Sales...
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18.07.25 - 11:48
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Festivalgoers help drive Burberry to best sales performance in 18 months (The Guardian)
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Music fans snap up wellies, scarves and light jackets, and shares rise 4% on better-than-expected performanceShoppers snapping up Burberry wellies, scarves and light jackets to wear at music festivals have helped the fashion brand to its best sales performance in 18 months despite lacklustre spending by tourists around the world.Sales of the luxury British brand fell 2% to £433m in the three months to the end of June, with a 1% decline at established stores, an improvement from the 6% fall in the previous quarter and the best performance since Christmas 2023. Continue reading......
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18.07.25 - 09:01
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Burberry Group Q1 Comparable Store Sales Down 1% (AFX)
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LONDON (dpa-AFX) - Burberry Group (BRBY.L) reported a 1% decline in comparable store sales for the first quarter ended 28 June 2025, compared to a 21% drop in the same period last year.Comparable ......
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14.05.25 - 10:12
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Burberry may cut 1,700 jobs globally to reduce costs as profits fall (The Guardian)
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Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 150 postsBurberry has said it could cut 1,700 jobs worldwide by 2027 – including removing the entire night shift at its Yorkshire raincoat factory – as the struggling fashion house ramps up its efforts to slash costs after a tumble in profit.The British luxury brand announced the job cuts on Wednesday after reporting a 117% fall in its annual pre-tax profits in the last financial year. It recorded a £66m loss, down from a profit of £383m, as the company has struggled against a broader malaise in the global luxury goods industry. Continue reading......
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24.01.25 - 11:12
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Burberry bounces back after 4% drop in sales over Christmas quarter (The Guardian)
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Relatively positive results are a 'first (and early) step in the right direction', analysts sayDavos day four live – latest updatesBurberry has recorded a 4% drop in sales over the Christmas quarter, but expects to recover from losses made in the first half of its financial year after a strong performance in the US.The fashion retailer's shares rose by as much as 15% on Friday as it posted a fall in retail sales for the three months to 28 December, which was much better than the 12% drop analysts had expected. Continue reading......
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24.01.25 - 10:57
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Luxusbekleidungs-Hersteller Burberry überrascht positiv - Aktie steigt kräftig (DPA-AFX)
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Der britischen Luxusbekleidungs-Hersteller Burberry hat dank einer höheren Nachfrage in den USA mit seinen Quartalszahlen positiv überrascht. Die Erlöse gingen damit im dritten Geschäftsquartal bis 28. Dezember zwar insgesamt immer noch zurück, aber nicht so stark wie erwartet. Auf vergleichbarer Basis sank der Einzelhandelsumsatz um vier Prozent auf 659 Millionen britische Pfund (780 Mio Euro), wie Burberry am Freitag mitteilte. Experten hatten mit einem Rückgang um fast 13 Prozent gerechnet. Die gestiegene Nachfrage in Amerika kam unerwartet. Auch in China lief es trotz Rückgängen besser als gedacht..
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