Burberry Share Discussion Threads

[philanderer] 16/5/2017 10:04

16th may JP Morgan Caz neutral tp 1600p

reiterates

[philanderer] 15/5/2017 09:45

15th may Berenberg buy tp 1840p

reiterates

[philanderer] 14/5/2017 21:11

THE SUNDAY TIMES

When the Burberry chairman Sir John Peace led Standard Chartered’s board, he showed a remarkable level of indulgence to the bank’s then chief executive. We all know how that worked out.

While Peter Sands swanned around Davos delivering high-minded addresses, Standard Chartered wrote a succession of duff loans in Asia and copped a heavy fine in America for its lax money-laundering safeguards. Its shares have tumbled 60% from their 2013 highs.

Burberry investors will be praying that history does not repeat itself. But the omens are not encouraging.

For years, Peace has mollycoddled Christopher Bailey, the luxury goods maker’s creative dynamo, to an extraordinary degree. First, he handed him a £20m “golden handcuffs” pay deal. Then, in 2014, Peace installed Bailey in the chief executive’s office — left vacant by Angela Ahrendts — while allowing him to keep his creative brief.

This unusual move didn’t work out, so Peace hired a new chief executive. Former Céline head Marco Gobbetti takes charge in July

So has Peace finally shown Bailey who’s boss? Hardly. In an apparent attempt to avoid denting his ego, Bailey has been anointed president and, crucially, will report directly to his chairman, not his nominal boss, Gobbetti.
Burberry’s revival rests on a bounce in luxury goods spending and Gobbetti’s ability to navigate its complex boardroom politics. Both are questionable. Avoid

[philanderer] 12/5/2017 08:49

Read across from the USA retail sector with Macy's profits right down last night.

[philanderer] 11/5/2017 23:34

Market report:

Burberry was a big winner after a key broker said the luxury retailer’s bad days are now behind it. Credit Suisse – highly rated for its recommendation accuracy – upgraded the stock to ‘neutral’ from ‘underperform’.

It said the £100m of savings made by the firm last year have reduced earnings uncertainty.

Although it said the stock is being undervalued, it withheld more positive ratings on concerns it is unlikely to become more creative or cut further costs until November. Shares rose 1.4 per cent, or 23p, to 1648p.


Read more:

[lightningbolt] 11/5/2017 09:15

at least were heading in the right direction now, soon back to £18.

[philanderer] 10/5/2017 21:00

Burberry hires new heads of IT and merchandising

[philanderer] 10/5/2017 20:35

........Meanwhile, luxury fashion house Burberry added 23p to £16.25 on a rating upgrade. After holding a negative stance on the FTSE 100 stock for more than two years, Credit Suisse hiked its rating to “neutral” from “underperform” as it believes the bear case has “largely played out”.

Analyst Guillaume Gauvillé said: “We believe earnings risk is now more limited as the bulk of the £100m of annualised cost savings announced last year starts to feed through to pre-tax profits from 2018.”

[philanderer] 10/5/2017 08:51

upgrade... from 'underperform'

10th may Credit Suisse neutral tp 1550p up from 1300p

[philanderer] 08/5/2017 12:03

End of that one then... shares drop.


Arash Massoudi‏Verified account @ArashMassoudi 11 minutes ago

Major fashion deal: After failing to buy Burberry last year, Coach has just agreed to buy Kate Spade for $2.4bn

[philanderer] 08/5/2017 09:44

8th may Deutsche hold tp 1650p up from 1600p

[philanderer] 05/5/2017 10:01

5th may Goldmans neutral tp 1657p cut from 1685p

[philanderer] 04/5/2017 17:36

Hundreds of jobs moving from London to Leeds in Burberry shake-up

[philanderer] 03/5/2017 13:08

RBC Capital downgrades Burberry to 'underperform'

[philanderer] 27/4/2017 13:40

Luxury goods sector has recovery in the bag as Hermès posts sales jump

[philanderer] 26/4/2017 11:52

26th april Barclays overweight tp 1900p

reiterates

[philanderer] 25/4/2017 09:49

World-first Burberry Movie Showcase at Festival of Media Global 2017






BURBERRY IS THE FIRST BRAND TO GET AN APPLE MUSIC CHANNEL

[philanderer] 20/4/2017 10:17

Burberry‏Verified account @Burberry 45 seconds ago

.@LilyMDonaldson and Kris Wu star on the May cover of Elle China wearing pieces from the new @Burberry collection

[philanderer] 20/4/2017 09:39

20th april Barclays overweight tp 1900p
20th april Deutsche hold tp 1600p
20th april Beaufort buy -
20th april Berenberg buy tp 1840p
20th april JP Morgan Caz neutral tp 1600p


reiterations

[philanderer] 20/4/2017 00:08

Bold call NYB , even the most bearish broker says 1350p.

Time will tell.

[ny boy] 19/4/2017 23:55

With the £ heading back to 13500 against the US$, these will slump back to 1000p, overseas tourists will not need to buy in London as the currency advantage fades.

[philanderer] 19/4/2017 14:15

Burberry shares fall despite sales boost as restructuring continues