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2024-11-19T09:55:34+0000
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2024-11-19T09:55:34+0000
Burberry's share price tumbles as the luxury goods industry faces declining demand, particularly in China, raising questions about the brand's status and future growth.
2024-10-08T15:42:41+0100
There was no shortage of bad news for Burberry shareholders this morning, and the shares have slumped to their lowest level since 2010 in response.
2024-07-15T13:11:18+0100
Fallen luxury giant Burberry needs to find the new trend to energise its share price, after a tough year.
2024-05-10T12:29:18+0100
Burberry shares slumped last week after its latest trading update, and the shares have now halved since their record high last April.
2024-01-15T12:56:06+0000
British luxury fashion house Burberry has cut its full-year profit forecast. It comes after a poor Christmas trading period and it blames a slowdown in demand for luxury goods and foreign exchange rates.
2024-01-12T10:06:58+0000
A slowdown in demand for luxury goods has stirred FTSE 100-listed Burberry into warning it may not be able to hit sales targets. The board says the “macroeconomic environment has become more challenging”.
2023-11-16T10:00:39+0000
Burberry faces challenges from its rivals, which appear to be growing at a faster pace, ahead of its first-half earnings next week.
2023-11-10T14:07:26+0000