Burberry

Burberry appoints Moncler exec as new board member

Burberry Group has announced the appointment of Stella King to the board as an independent non-executive director and member of…

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Today’s news in brief-14/11/24

The Range and Wilko owner, CDS Superstores, has acquired 70 Homebase stores after the DIY retailer entered administration. This move,…

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Burberry unveils turnaround plan as profits plummet

Burberry has unveiled a turnaround plan after it posted an adjusted operating loss of £41m for the six months ended…

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Burberry names former Topshop CEO as new product boss

Burberry has announced the appointment of the former CEO of Topshop and Topman in London, Paul Price, in an expanded…

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British Fashion Council partners with JD.com

The British Fashion Council (BFC) has announced a new partnership between the BFC/Vogue Designer Fashion Fund and JD.com Inc., China’s…

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Today’s news in brief-10/9/24

Burberry has faced a significant downturn, with its market value plummeting to £2bn, its lowest since 2009. Barclays downgraded Burberry,…

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Burberry valuation hits 15-year low as market value falls to £2bn

Burberry shares have dropped by about 8% following a downgrade by Barclays, which has reduced the luxury fashion retailer’s market…

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Today’s news in brief-6/9/24

Burberry, a fixture in the FTSE 100 for the past 15 years, has been demoted to the FTSE 250 following…

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Burberry relegated from FTSE 100 as share price falls

Burberry has been relegated from the FTSE 100, having been in the tier for 15 years, after its share price…

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Today’s news in brief-4/9/24

John Lewis Partnership has submitted an £80m proposal to transform a disused warehouse in Reading into 215 energy-efficient rental homes.…

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