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2024-06-27T09:49:48+0100
Luxury goods
Burberry share price slumps to 14-year lows after dire trading update
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
Incanthera strikes skincare deal with the world’s largest healthcare retailer
Aquis-listed Incanthera PLC is moving fast as it announces a commercial deal for its high-end skincare range, Skin + CELL.
2024-03-25T13:19:03+0000
Hermes shares record, sales impress
Hermes shares hit a new intraday high after the luxury goods maker’s Q4 sales beat estimates. IGTV's Angeline Ong explains why the results from the Birkin bag maker amplifies the positive mood music in the high-end luxury sector.
2024-02-09T12:30:47+0000
Burberry shares slump after profit warning
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
Burberry shares down heavily on negative outlook
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’s first half profits expected to fall
Burberry faces challenges from its rivals, which appear to be growing at a faster pace, ahead of its first-half earnings next week.
2023-11-10T14:07:25+0000
LVMH shares tumble after poor sales
Luxury conglomerate LVMH saw a drop in sales in third quarter (Q3), as demand for handbags moderated and sales for spirits fell after several years of stellar growth.
2023-10-11T09:19:34+0100
Shares in luxury brands shine, H&M falls
We’ve seen stellar gains for luxury stocks Kering and LVMH, but why are fast fashion retailer H&M’s shares sinking? IGTV’s @AngelineOng checks out the stock action.
2023-09-15T13:36:15+0100
