BURBY News and Press, Burberry Group plc ADR From 04/11/23

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 I look at a few consumer discretionary companies, and my favorite are the conglomerates/businesses that own a whole host of very appealing brands, like LVMH. Burberry is a fashion business that generates relatively small revenues of under £3B per year - but it has a not-uni...

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...

Summary Capri operates in a large and growing personal luxury market that is relatively resilient to adverse macro headwinds. The company may become a beneficiary of industry consolidation. Strategic brand development plans include both expanding its physical footprint and increasin...

Burberry ( OTCPK:BURBY ) stock notched a strong gain on Wednesday after posting positive yearly sales growth despite continued COVID drags in China. Retail revenue for the group rose to $756M in the third quarter, up from $724M in the prior year quarter. The company noted that sal...

Summary FY12/2022 has been a strong year for Hugo Boss AG, driven by demand in Europe and the Americas. With high hurdles YoY, Hugo Boss has an unattractive decelerating growth profile into FY12/2023. Its relatively low exposure to China will place its peers in a stronger position. ...

Summary Moncler's shares have underperformed its luxury fashion peer group YTD. Q3 FY12/2022 results highlighted signs of volume weakness, with time and investment required at Stone Island to establish a retail business. The shares appear fairly valued on consensus PER FY12/20...

Summary Quantitative accounting metrics indicate that Burberry could surprise to the upside when it releases its interim results on November 17th. However, China exposure and waning economic activity in the European Union provide cause for concern. The company's Veblen Goods s...

Summary Luxury brand Tapestry, which owns Coach and Kate Spade, has an attractive P/E ratio of sub-10x. But that doesn't make it a screaming buy. As an affordable luxury brand, it doesn't have the cushion that the likes of Hermes and LVMH do. Its demand slowdown and to a lesser ex...