BBRYF News and Press, Burberry Group plc From 07/31/23

2023-07-31 06:35:21 ET Summary Hugo Boss, a German luxury fashion brand, is known for its timeless elegance and quality craftsmanship. Hugo Boss is experiencing a transformation, as management seeks to revitalize the brand. We do not wholly believe in it, although see near-term gr...

2023-07-09 21:29:54 ET Summary Burberry shares have performed well since my last piece, buoyed by normalizing tourism, the easing of Chinese COVID restrictions, and currency movements. Currency will be a headwind to reported revenue and earnings this year, while I am also concerne...

2023-07-02 12:18:41 ET Summary The luxury e-commerce company, Farfetch, with a higher beta than its peers, makes it risky. It has also fallen by 26% since the author last wrote about it in October 2022. While Farfetch has seen a 37% price gain in 2023, its revenue growth remains w...

2023-06-08 14:50:00 ET Summary To date, 202 of the 204 companies in our Retail/Restaurant Index have reported their EPS results for Q1 2023, representing 99% of the index. Luxury retailers saw healthy sales growth driven by international shoppers, while dollar stores focused on gr...

2023-05-24 01:22:13 ET Summary Burberry's latest results reflect that it is strategically on the right track and the demand revival in China has helped. Notably, the company's operating margin has risen to 20%+ levels, and it expects it to stay there. An improvement in EPS also ma...

2023-04-14 23:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-14 03:05:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...

2023-04-11 02:37:35 ET Summary Burberry's strategy had strayed into the risky area of fast moving fashion; now it is going back to its more classic heritage styles. The new management team's new strategy has lifted morale at the company and is focused on improving margins. The...

Summary The Swatch Group has performed better in 2023 so far compared to most other luxury companies. I think it could do even better. Its operating margins have improved in 2022, and it appears optimistic about growth this year as China's economy recovers. Its P/E is also relatively at...

Summary The first month of 2023 (and the last month of the retail industry’s Q4 2022) saw America’s largest party supply store file for Chapter 11 bankruptcy, a move that the StarMine credit models had predicted about a year ago. According to StarMine, Bed Bath & Beyon...