Burberry Group

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Engineering company Rolls-Royce Holdings tumbled 8.6 per cent in London as it raised £2 billion from a rights issue. Photograph: PA Wire

European shares retreated from eight-month highs on Thursday as surging coronavirus infections raised doubts about a quicker economic rebound and over(...)

The New York Stock Exchange  on Friday: US stocks fell and treasuries rose as investors assessed the latest threat to the global trade order and a disappointing jobs report. Photograph: Michael Nagle/Bloomberg

Stock markets edged downwards on Friday after US president Donald Trump’s threat to impose an extra $100 billion in tariffs on China exacerbated fears(...)

A model at the Burberry Spring/Summer 2018 show at London Fashion Week. Photograph: Mary Turner/File/Reuters

Burberry Group’s holiday sales fell short of estimates as chief executive Marco Gobbetti began implementing his plan to give the UK-based trench-coat (...)

Christopher Bailey said in a statement that he is leaving Burberry to pursue new creative projects.

Burberry Group creative head Christopher Bailey will leave after yielding the chief executive officer role to Marco Gobbetti, who’s tightening his hol(...)

Prada is one of a number of luxury retailers at risk from Euro’s strong performance according to HSBC analysts. Photograph: iStock

The euro’s strong run since the start of the year may dent a recovery in the European luxury industry, which has been led by a rebound in Chinese cons(...)

Traders in the stock exchange in Frankfurt. Zalando and Carrefour led the region’s retailers higher after the German online company raised its profitability forecast and the French grocer reported sales that beat projections. Photograph: Reuters

European stocks erased declines and posted their first back-to-back gains in two weeks amid better-than-estimated earnings. British equities also r(...)

A Louis Vuitton handbag: LVMH’s third-quarter sales rose 6 per cent fuelled by increased demand for leather goods and fragrances. Photograph: Regis Duvignau/Reuters

LVMH shares rose after the French handbag maker’s sales topped analyst estimates, proving its resilience amid the luxury industry’s slowdown and boost(...)

The year’s strongest performing industries in the S&P 500 – energy, phone and utility and raw-materials companies were the biggest losers in Friday’s trading.  Photograph: Michael Nagle/Bloomberg

The tranquillity that has enveloped global markets for more than two months is being upended as central banks start to question the benefits of furthe(...)

Analysts are questioning the merit of Burberry’s chief also being its top designer. Photograph: Reuters

Burberry Group  reported weaker-than-expected sales and predicted earnings this year at the low end of estimates, sending its stock down the mos(...)

Permanent TSB was weighed down by exceptionals in its full-year figures, and slipped 7.28 per cent to €2.80. Photograph:  Alan Betson

European shares advanced for the first day in three as investors speculated on further stimulus from the European Central Bank when it meets on Thursd(...)

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