BBRYF News and Press, Burberry Group plc From 11/16/23

2023-11-16 07:59:42 ET More on Burberry Burberry: Fashioning A Bright Future Under Daniel Lee Burberry: Good Progress, Competitive Multiples Burberry downgraded to sell at UBS on turnaround risk Prada, luxe retailers are a good bet, but the payoff will take t...

2023-11-11 04:56:21 ET Summary Richemont's stock price has declined by almost 12% YTD following disappointing sales growth in H1 FY24, as the European market slowed down in Q2 FY24 and exchange rates were unfavourable. Despite the sales slowdown, profits remain stable and there is...

2023-11-07 13:59:39 ET Summary Tapestry's acquisition of Capri Holdings is subject to a second request by the FTC, raising potential antitrust concerns. The merger would create the fourth-largest luxury goods firm with a market share of 5.1%. The FTC may focus on MRP mechanics...

2023-11-07 05:55:29 ET Summary Burberry is a British luxury fashion house. Daniel Lee has recently taken over, previously responsible for the rapid growth of Bottega Veneta. We believe the new direction of Burberry could yield improved growth in the coming years, supported by econ...

2023-10-14 09:01:45 ET Summary Volatility in the market has increased, leading some investors to consider moving to cash. Professional analysts' opinions often reflect market moves that have already happened, providing little value to retail investors. Municipal bonds have suf...

2023-09-29 08:12:30 ET Summary Richemont's stock has fallen by 26.6% since June, underperforming other luxury stocks. Factors contributing to the decline include higher volatility, concerns about demand, and a reduced outlook. Despite the risks, the author believes that Richem...

2023-09-26 00:30:47 ET Summary Burberry's share price has been lacklustre recently, which is in stark contrast with its healthy trading update. Its same-store sales rose by 18% in Q1 FY24. These were driven by China's recovery, which more than made up for the pullback in sales fro...

2023-08-23 14:18:07 ET Summary Tapestry's strategy of improving its tarnished Coach brand was appealing a decade ago. However, 10 years later, Louis Vuitton and LULU were the frontrunners in the luxury brand arena, while Tapestry, Ralph Lauren, Capri, and Burberry struggled. T...

2023-08-04 03:32:14 ET Summary Tapestry is positioned well in the fashion industry due to its strong brands Coach and Kate Spade, with Coach showing signs of improved growth. Margins have remained stable, but improvement in the performance of Kate Spade could lead to an overall im...

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...