Burberry

Today’s news in brief-12/1/24

Authentic Brands Group has acquired Sperry, a renowned American heritage footwear brand known for its iconic boat shoes with a…

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Burberry lowers full-year guidance amid luxury demand slowdown

Fashion retailer Burberry has today (12 January) warned that its full-year results will be below its previous guidance after a…

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Today’s news in brief-20/11/23

Van hire firm Redde Northgate has reportedly approached Halfords with a proposed £1.3bn merger deal, indicating a nil-premium merger. Talks…

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Fortnum and Mason boss urges gov to scrap tourist tax

Fortnum and Mason boss Tom Athron has urged the government to scrap the tourist tax or risk businesses losing sales…

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Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…

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Burberry issues profit warning as luxury sales slow

Burberry has revealed its annual adjusted operating profits would be towards the lower end of its current consensus range of…

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Neptune appoints Will Kernan as chairman

British interiors and lifestyle brand Neptune has appointed Will Kernan as its chairman. Kernan joins Neptune’s senior leadership team to…

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Burberry sales jump 18% as China trade rebounds

Burberry has welcomed a strong first quarter of trading as store sales rose by 18% to £589m, largely driven by…

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Burberry opens refurbished Bond Street store

Burberry has announced the anticipated reopening of its global flagship store on New Bond Street, London. Located at 21-23 New…

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Tesco appoints Burberry chair to replace John Allan

Tesco has appointed the chair of Burberry, Dr Gerry Murphy, as its new chairman, who will replace John Allan in…

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