Burberry shares in London trading surged after the luxury group posted better-than-expected sales over the third quarter, raising investor hopes that the sector is on the path to recovery.
Burberry’s results follow record quarterly sales by Cartier parent Richemont. The luxury sector had been struggling after the boom following Covid fizzled and as Chinese spenders pulled back as ...
A long bear candle was formed on the weekly chart, which indicates a reversal on the downside after the two weeks of upside ...
Following today’s release of Kering’s figures for the year ending 31 December 2024: Louise Deglise-Favre, senior apparel analyst at GlobalData, offers her ...
Richemont and Burberry's quarterly reports have ... With the exception of the Americas, in all other cases, sales declined in this Q3. Regardless, a strong improvement over the previous quarter ...
Q3 sales down 4% vs expected 12% decline Sales ... Analysts at Citi said the strong sales reported by Richemont and Brunello Cucinelli recently could help make investors feel more optimistic ...
LVMH, the sector bellwether, is the latest luxury group to outperform expectations in the quarter ending December 31, after positive surprises from Cartier owner Richemont and Burberry sent ...
Myriam Serrano, the CEO of Alaïa, said in Swiss-based owner Richemont's annual report that ... moving up 10 places in Lyst's ranking from Q3 to Q4. Lyst said the brand's rise reflected "an ...
MYT Netherlands Parent B.V. ( NYSE: MYTE) Q2 2025 Earnings Conference Call February 11, 2025 8:00 AM ET Martin Beer – Chief Financial Officer Michael Kliger – Chief Executive Officer Oliver Chen – TD ...