Burberry Share Discussion Threads

[philanderer] 26/6/2017 09:23

(ShareCast News)

- The status of Bond Street as the UK's most exclusive shopping destination is under threat, as one in four retailers on the famous street consider shutting up shop and moving out as a result of high rents and business rates.

About 25 of the 100 top fashion brands with stores on Old and New Bond Street are understood to have flagged to the property market that they are ready to quit the world-famous fashion district. Dolce & Gabbana, Hugo Boss, De Beers and DKNY are among the big brands understood to be considering their options.

- Guardian

[philanderer] 25/6/2017 19:42

Burberry names Gianluca Flore President of the Americas

[philanderer] 22/6/2017 23:44

Quite happy if the shares were being cancelled thus increasing the EPS, but to keep in treasury, not so sure.


'Burberry appoints American retail veteran to its board as it targets US sales'

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[lightningbolt] 22/6/2017 11:48

whats your view as to the share purchases? - at this rate they'll be buying the company!

[philanderer] 22/6/2017 09:24

Morning lb, I reckon there's a good chance we'll be taken out here by the end of 2018 .... at a decent premium ;-)

[lightningbolt] 21/6/2017 09:03

looking good.

[philanderer] 20/6/2017 23:52

Shares in luxury clothes firm Burberry rose after Berenberg bumped its price target for the stock up to 1900p from 1840p and reiterated its 'Buy' rating.
Berenberg said Burberry is unlikely to see any vast improvement until new chief executive Marco Gobbetti has settled into his role after joining next month.
But it said the appointment of chief financial officer Julie Brown in January could accelerate Burberry's returns to shareholders, citing its recent decision to buy back £300m of shares.
Berenberg also noted the popularity of Burberry's leather handbags in China, despite the firm lagging behind competitors in the huge growth market in general. Shares rose 0.8 per cent, or 13p, to 1755p.


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[philanderer] 20/6/2017 08:56

StockMarketWire.com - Berenberg today reaffirms its buy investment rating on Burberry Group PLC [LON:BRBY] and raised its price target to 1900p (from 1840p).

[philanderer] 12/6/2017 16:55

Burberry party for London Fashion Week Men’s

[philanderer] 06/6/2017 21:43

Burberry's Bailey to get £10.5m in shares when he checks out as CEO

[philanderer] 06/6/2017 07:14

Dowgraded this morning by HSBC to 'reduce' .... Target cut from 1630p to 1580p

[philanderer] 31/5/2017 17:29

Looking very good

[philanderer] 31/5/2017 17:29

Looking very good

[lightningbolt] 31/5/2017 12:45

done that - now we're on for a new all time high.

[lightningbolt] 30/5/2017 12:10

now if we can clear the previous high.

[philanderer] 25/5/2017 21:19

L2 Report Identifies Burberry, Cartier, and Coach to have the highest Digital Competence of Luxury Brands Operating in China

[philanderer] 25/5/2017 09:01

At least they're consistent , and if they say it enough times , one day....


25th may Liberum sell tp 1350p

[philanderer] 23/5/2017 09:56

Louis Vuitton, Burberry and Tiffany to open stores at Shops at Clearfork

[philanderer] 22/5/2017 23:15

Luxury retailer Burberry also had a strong day after being upgraded by Credit Suisse.

The broker said the fashion house’s relocation of 300 staff to Leeds and a beauty deal with American firm Coty suggest it is really trying to cut costs.

Burberry reported a 21 per cent drop in profits for the year to April, while new chief executive Marco Gobbetti joins in July.

But Credit Suisse said these uncertainties mean the firm is unlikely to make any large deals for the time being, allowing it to continue its upward trajectory.

It raised Burberry’s price target from 1550p to 1650p, citing limited earnings risk. Shares rose 2.4 per cent, or 42p, to 1756p.


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[philanderer] 22/5/2017 11:16

Burberry Group: Deutsche Bank reiterates Hold with a target price of 1615p.

[philanderer] 19/5/2017 15:12

Nice purchase by Julie Brown :-)

[philanderer] 19/5/2017 10:28

Hargreaves Lansdown: Burberry has turned a corner


Efforts to turn the ship are starting to pay off at Burberry (BRBY), with Hargreaves Lansdown pointing to ‘vital signs’ picking up.

Full-year results for Burberry show sales rose 10% to £2.8 billion and profits were up 10% to £462 million, helped by currency swings in the company’s favour. However, the underlying picture is that sales and profits were down significantly as margins have been put under pressure.

However, the company has made it clear the efforts to steady the ship are working, with costs being cut by £20 million last year and another £50 million to come.

The shares were trading up 1.9%, or 31p, at £16.72 at the time of writing.

Steve Clayton, manager of the £260 million HL Select UK Shares fund, said the ‘vital signs look to be picking up at Burberry’ and ‘despite the difficulties of the last few years, cashflow has held up throughout, underlining the attractions of the stock’.

He added: ‘Luxury goods can generate high margins, selling baubles to a gilded clientele and Burberry’s long term potential seems strong.’

[philanderer] 19/5/2017 09:59

19th may Beaufort buy tp 1920p
19th may UBS buy tp 2050p up from 1990p
19th may S%P Global hold tp 1700p up from 1620p

[philanderer] 18/5/2017 20:52

Investors Chronicle:

IC TIP UPDATES:

Burberry (BRBY) sales continue to benefit from foreign exchange rates, although sales for the full year fell 2 per cent on an underlying basis.

That doesn’t necessarily reflect a poor retail environment however, as retail sales rose 3 per cent on an underlying basis. Rather, it reflects ongoing difficulties in Burberry’s wholesale and licensing divisions. Sales there dropped 14 per cent and 48 per cent respectively.

Outgoing chief executive Christopher Bailey won’t be replaced by Marco Gobbetti until July, but his closing comments claim Burberry is well positioned for future growth. More to follow, but our buy recommendation stands for now.