Burberry Share Discussion Threads

[tongosti] 07/3/2016 22:59

Interesting day tomorrow then!

[philanderer] 07/3/2016 20:27

Burberry seeks help to fight off potential takeover bid

[philanderer] 02/3/2016 12:47

FT Alphaville...

First though, Burberry.
Burberry Group PLC (BRBY:LSE): Last: 1,381, up 29 (+2.14%), High: 1,400, Low: 1,355, Volume: 1.11m
BE
(@Mo06: bloody hell, Mo. It’s widespread journalistic convention to talk about closing prices not intraday levels.)
BE
Now, we mentioned Burberry in passing on Friday as some people have been growing suspicious about this extended rally.
BE
It might be ahead of results, where Burberry’s widely expected to cut back on growth spending and suchlike.
BE
It might be on sterling, which is clearly a help.
BE
Or …. well, there’s been all sorts of talk recently about luxury goods consolidation.
PM
(I’m back. Sorry about that.)
BE
Who’d buy Burberry though? LVMH, Kering ….. perhaps even Coach.
PM
(having to deal with some serious external bullying)
PM
I’d be really surprised if there’s a move on Burberry right now
PM
Luxury generally has fallen off a cliff.
PM
Why move now?
PM
There’s no visibility
BE
(@Mo: best tell the Guardian. hxxp://www.theguar…e100-business-live …)
PM
(One of my daughters is in the fine jewellery trade. Trust me, it’s fallen off a cliff since the turn of the year.)
BE
Yeah, I don’t entirely get this Burberry rally and, as I say, it’s all extremely vague rumour rather than anything specific.
BE
But if we go back to the Nomura note from last week, it does point out that Burberry carries very little debt.
BE
Because of the way it accounts for leases, which might seem over cautious.
BE
Perhaps there’s an LBO story here? I dunno. I reiterate, I don’t know what the story is. But there seems to be a story. So I note it.

[philanderer] 02/3/2016 11:48

Burberry extends monogram service to made-in-England trench coat -

See more at:

[mr aboii] 01/3/2016 21:03

WELCOME TO Burberry Group PLC _ ACTIVE INVESTORS CLUB (BRBY)

[philanderer] 01/3/2016 09:49

Burberry to dress Adele on her world tour

[philanderer] 29/2/2016 17:14

(ShareCast News) - Were a 'disconnect' between resilient economic indicators and collapsing stockmarkets a reason to go 'contrarian' as an investor?
On Monday, UBS strategist Joao Toniato told investors he thought so, "but with caution".

That was because the European market had gone three-quarters of the way towards pricing in a recession, but with little indication so far that the economy was actually headed that way.

Indicators of value performance were seen as pointing to strong upside, Toniato said.

"From here we continue to focus on domestic sectors and move to apply a greater value tilt to our portfolio," he said.

As a result, the strategist upgraded his recommendation on the food retail sector from 'neutral' to 'overweight' and highlighted Tesco and Carrefour as his key 'buy' recommendations.

In parallel, he downgraded his view on consumer durables from 'overweight' to 'neutral' following the sector´s outperformance in 2015 and year-to-date.

The sector´s exposure to emerging markets and continued challenges in the region meant it was crucial to be more selective.

Toniato´s key 'sell' recommendation were: Salvatore Ferragamo and Prada, while his key 'buys' were: Burberry and LVMH.

As regarded banks, UBS said selling at then current levels did not seem justified given the long-term value it saw in the sector.

It was also too early to upgrade their view on commodities, given the risk that many 'value-traps' might be lingering.

In commodities, "remaining selective (and hence neutral) is key."

[philanderer] 29/2/2016 12:42

Above 1300p for the first time since mid november last year.

[philanderer] 27/2/2016 10:32

Britain becomes luxury hotspot as US shoppers overtake China as fastest growing source of tourist sales for top-end brands

Read more:

[philanderer] 26/2/2016 17:12

Great end to the week , almost 100p up on my long :-)


'Burberry and Inditex join global business coalition pushing for LGBTI rights'

The multi-nationals, which include well-known brands such as Zara, Bershka and Massimo, have signed up to the Open for Business coalition

[philanderer] 26/2/2016 12:53

Nomura upgrades Burberry to 'buy' ahead of change

Fri, 26 February 2016


(ShareCast News) - Nomura upgraded Burberry to 'buy' from 'neutral' and lifted the price target to 1,500p from 1,450p.

It said since the company announced a review of the global market, its initiatives, efficiency programmes, productivity and capital allocation, expectations have risen in anticipation of change.

Nomura expects the review to be thorough given chief executive Christopher Bailey will have been at the helm for two years in May.

"A change of the group's approach would be a positive to the market. Despite a recent rebound in the stock, we see potential for a greater valuation if Burberry can successfully drive productivity measures, while being more disciplined on cost and capital allocation," the Japanese bank said.

Nomura said the company had five areas of focus: productivity, conversion, product, costs and capital allocation and share buybacks.

It said a focus on VIP/regular customers may be more effective than attempting to attract new customers.

It also said its product analysis suggests range overlap.

"Consolidating the sub-brands should drive better availability, an improved shopping experience and a more coherent product architecture," said Nomura.

It warned of a tough trading environment and the potential costs of implementing initiatives, but said it sees a favourable forex environment and initial benefits of cost initiatives offsetting in full year 2017.

In addition, Nomura said the stock's valuation appears attractive despite the lack of short-term growth.

It expects full year results on 18 May to be a catalyst.

[philanderer] 26/2/2016 09:33

Burberry Group plc (LON:BRBY) was upgraded by investment analysts at Nomura to a “buy” rating in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has a GBX 1,500 price target on the stock, up from their prior price target of GBX 1,450 .

[philanderer] 25/2/2016 14:34

Hugo Boss chief executive Claus-Dietrich Lahrs is stepping down after eight years leading the German fashion house.

The news follows this week's sharp fall in the company's share price prompted by a profit warning.

The company blamed weak sales in China and the United States for its warning that it expects sales to grow more slowly than its long-term forecast in 2016.

Shares hit their lowest level in five years on Tuesday and Wednesday

BBC.

[philanderer] 24/2/2016 23:50

MARKET REPORT: Burberry loses its cutting edge with shares falling 54p as broker advises clients to sell because group is overly exposed to China

Read more:

[philanderer] 24/2/2016 20:14

Market Report: Read-across from Hugo Boss weighs on Burberry

Luxury fashion house Burberry has posted its steepest two-day loss in five months after rival upmarket retailer Hugo Boss warned on profits.

On Tuesday, shares in Hugo Boss sank to their lowest level in five years after it revealed it would slash prices in Asia in a bid to revive weak sales.

It also said sales in the US so far this year have been lower than expected. The German fashion house now expects profit to fall at a low double-digit percentage rate.

In its wake, investors offloaded Burberry shares. In a bearish note, Liberum warned Burberry is “overly exposed to the Chinese consumer”, as the region accounts for 38pc of its sales, while 27pc of its sales come from the US. The broker highlighted that read-across from Hugo Boss is “unfavourable” for Burberry, reiterating its '“sell” recommendation.

Tom Gadsby, of Liberum, said: “We do not believe that the luxury goods model lends itself well to price cutting and promotion, rather brand value is driven by exclusivity engendered by high pricing.”

However, UBS sees “limited read-through” from Hugo Boss, as it believes price differentials are not as stretched as its rival.

Helen Brand, of UBS, said: “The brand already made some price adjustments in 2015.” Shares in Burberry have been battered by concerns about the health of the Chinese economy.

Since hitting a peak of £19.21 in February last year, the stock has plummeted 38.6pc. The FTSE 100 stock has plunged 109p, or 8.65pc, to £11.80 since Monday

[philanderer] 24/2/2016 16:20

Watch highlights from the @Burberry February 2016 show

[philanderer] 24/2/2016 15:59

Guessing the correction is over and closed my short ... switched and gone long

[philanderer] 24/2/2016 15:28

Getting slaughtered now .. -10% in two days

[philanderer] 24/2/2016 11:57

:-)

24th feb UBS buy tp 1500p
24th feb Liberum sell tp 925p

reiterations

[philanderer] 24/2/2016 08:59

Looks like a false dawn -7% in 24 hours.

[philanderer] 22/2/2016 23:26

Burberry Group Plc Chief Executive Officer Christopher Bailey said his decision to change the way the British luxury company markets and distributes its runway collections “is about being relevant and a bit of common sense.”

Smartphones and social media mean customers around the world now get to see the clothing and accessories as soon as they appear on the catwalk, Bailey said in a Bloomberg Television interview Monday after Burberry’s fashion show in London

[philanderer] 22/2/2016 23:14

Burberry dazzles, Kane surprises at London Fashion Week




12 things you need to know about Burberry's stunning London Fashion Week show