Burberry Share Discussion Threads

[gregpeck7] 02/2/2018 14:56

Agree, significantly overvalued..

[jl9] 18/1/2018 11:32

This has some more sinking to do before its bought by Megacorp. Listen for a burp.

[mtsblogs] 18/1/2018 08:55

CEO is an idiot.

[bricktycoon] 17/1/2018 07:19

Terrible results imho reflects the brand moving down the pecking order with the likes of moncler stealing market share big crash today £16 possible sell sell sell

[philanderer] 10/11/2017 09:48

After several years holding these and a very good profit made over the time I`ve dumped the lot this morning. Not convinced this new company strategy will work out.

Luck to all holders.

[philanderer] 09/11/2017 17:28

so far post results:

9th nov Morgan Stanley equal weight tp 1676p
9th nov Merrill Lynch underperform -
9th nov UBS buy tp 2110p


9th nov ++++ Results ++++

[philanderer] 09/11/2017 12:48

Plenty of comment here, mostly negative..

[philanderer] 09/11/2017 12:39

Burberry to reinvent itself as a super luxury British brand

New boss announces plan to raise the premium and put the fashion label on par with the likes of Dior and Hermes after better than expected results

Steve Clayton, manager of a Hargreaves Lansdown fund that holds a 3.8% stake in Burberry, said: “Mr Gobbetti wants to take Burberry out of all but the most exclusive stores, starting in the US wholesale channel, and then more widely. It’s a textbook luxury brand repositioning exercise, which should leave Burberry jostling up against the world’s most exclusive names, with the margins to match. But this will take time and in the near term, sales growth will be held back and the group must invest more to achieve its goals.”

Clayton thinks the move upmarket makes sense. “True luxury brands command immense pricing power and generate fabulous margins and cash flows. They sell to wealthy consumers and just like their customers, are more resistant to downturns. As Mr Gobbetti puts it ‘we will play in the most rewarding, enduring segment of the market’. That’s a prize worth paying for.”

[philanderer] 09/11/2017 12:31

BTC , yes any sort of miss on results in the last few months seem to knock 10%+ off the shareprice.

[lefrene] 09/11/2017 10:15

Interesting how all the world loves to puff up a 'winner' until the moment it stumbles! All those positive stories and yet insiders will have known this was coming. Mr Bailey's earlier announced departure a coincidence?

[billy two cocks] 09/11/2017 09:16

Overdone.

There's been a spate of this of late. Glaxosmithkline being a prime example.

Happy to hold and might even buy a few more.

Thanks

BTC

[philanderer] 09/11/2017 09:08

Didn't see that coming !!

[philanderer] 08/11/2017 14:07

Touch of vertigo this morning at 2000p ;-)

[philanderer] 07/11/2017 20:33

Market report:


..Burberry edged to a record high, up 0.4 per cent to £19.71, after Tapestry chief finance officer Kevin Wills said the group was still looking at strategic acquisitions. Burberry was reported last year to have rejected multiple approaches from Tapestry, which last month changed its name from Coach.

[philanderer] 06/11/2017 18:34

'Energy stocks help push London market to record heights'


....The biggest risers on the FTSE 100 were Convatec Group up 6.9p at 188.9p, Burberry Group up 49p at 1,964p, BHP Billiton up 36.5p at 1,464p, and Severn Trent up 54p at 2,185p

[philanderer] 06/11/2017 10:30

Interims due thursday.

[philanderer] 01/11/2017 20:51

Cara Delevingne fronts Burberry's new collection

The reveal comes one day after Christopher Bailey announced his upcoming departure from the British brand after 17 years

[philanderer] 01/11/2017 14:16

1st nov UBS buy tp 2110p up from 2000p

[srpactive] 01/11/2017 12:09

I hold aly, it would be fantastic if he bought aly
and turned it around, the position aly are in now is
similar to when he started working here, this from
article today.

==========================

His departure brings to an end an era which saw the firm transformed from an old-fashioned British manufacturer best known for its trademark 'check' pattern, to a global fashion powerhouse.

[philanderer] 31/10/2017 13:56

Plenty of comment here:

[philanderer] 31/10/2017 10:01

Ah , got it , RNS...


"Burberry today announces that Christopher Bailey will leave the Company at the end of 2018."

[philanderer] 31/10/2017 09:50

Can't have been this , out at 7am this morning...


31st oct JP Morgan Caz neutral tp 1800p up from 1620p

[philanderer] 31/10/2017 09:48

WTF happened then ???