• BRBY
• CFR
• LVMH
• PRTP

Luxury labels bulk up on lower-priced goods to appeal to middle-class shoppers

Luxury brands are shifting focus to affordable products to capture middle-class consumers, risking profit margins amid declining demand and economic pressures.

• BRBY

Burberry hopes 'scarf bars,' puffer jackets and classic styles can drive turnaround

Burberry shifts focus back to classic products like trench coats and scarves, implementing 'scarf bars' and puffer jackets to rejuvenate its brand amid investors' positive response.

• BRBY
• TPR

Burberry puts focus back on trench coats, scarves in turnaround plan

Burberry's new CEO plans a strategic overhaul focusing on its British heritage, reducing product prices, and enhancing marketing while aiming to improve financial performance and store focus.

• BRBY

Burberry stock skyrockets on strategic overhaul

Burberry's shares rallied by 14% amid strategy changes under new CEO Joshua Schulman, focusing on core outerwear despite financial pressures and declining revenues.

• ASML
• AV
• BRBY
• CL
• DE40
• FCHI
• LCO
• UK100

European stocks climb higher; Siemens impresses

• BRBY

Burberry shares rise amid speculation of Moncler takeover

Burberry shares climbed 2% amid rumors of a potential acquisition by Moncler, prompting discussions on the impact of foreign ownership on British fashion.

• BRBY
• MONC

Moncler repeats it won't comment on 'unsubstantiated rumors' about Burberry

Moncler denies comments on takeover rumors of Burberry, which saw a share price increase, while Moncler's shares declined following the report.

• BRBY
• MONC

Burberry's new CEO faces outlet store and pricing dilemmas

• 0QII
• BRBY
• MONC

Burberry shares up on reports that Moncler is mulling takeover bid

Burberry's stock rises amid speculation of Moncler's potential bid; analysts discuss market implications and challenges in revitalizing Burberry's brand amidst financial struggles.

• BRBY
• CL
• MONC
• SCHN
• STM
• STOXX

European shares muted as tech losses offset mining, energy gains