Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:20
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 23:51
UK Retailers Demand Crackdown to Stop Wave of Shoplifting
Retailers ranging from Tesco Plc to Burberry Group Plc have called for immediate action from the UK government
2023-10-01 07:57
UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in
2023-09-15 23:48
Hong Kong Is Losing Its Fight to Repair Image as Shopping Heaven
Hong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this
2023-08-25 07:51
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:47
European Stocks Post Best Week Since March as Earnings Kick Off
European stocks posted their biggest weekly advance since March on rising bets that the Federal Reserve’s monetary tightening
2023-07-14 23:57
Burberry Sales Rise 18% as China Rebounds for Luxury Brand
Burberry Group Plc sales rose at the fastest rate in two years after the trench-coat maker benefited from
2023-07-14 14:50
Tesco Names Gerry Murphy as Chairman After John Allan’s Exit
Tesco Plc appointed Gerry Murphy as chairman, weeks after John Allan stepped down amid links to a scandal
2023-07-01 20:48
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:18
Apple’s Retail Plans Will Push Company Deeper Into China, Overhaul US Stores
Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into
2023-06-02 02:49