Burberry Group PLC (BRBY.L)
Mon, Aug 1 2016
* Acquired remaining 15% economic interest in its china business held by sparkle roll holdings limited, a non-group company.
* Will commence an initial share repurchase programme of company's ordinary shares up to a maximum consideration of £100m
LONDON British luxury goods brand Burberry , which announced a management shake-up this week as it seeks to overturn falling profits, said on Wednesday it expects a post-Brexit drop in the pound to boost its earnings this year. | Video
LONDON, July 13 British luxury goods brand Burberry, which announced a management shake-up this week as it seeks to overturn falling profits, said on Wednesday it expects a post-Brexit drop in the pound to boost its earnings this year.
* Cfo says brexit will have no 'discernable impact' on trading short term, too early to predict longer term
LONDON, July 13 Britain's Burberry reported a 3 percent drop in like-for-like sales in a "challenging" first quarter, underlining the size of the task facing Marco Gobbetti when he takes over chief executive duties from Christopher Bailey next year.
LONDON British luxury brand Burberry has recruited Marco Gobbetti, the Italian boss of French brand Celine, to succeed Christopher Bailey as chief executive next year, freeing Bailey to focus again on the design role that made his name.
* Shares have best day in three years (Adds detail, background, analyst comment, shares)
LONDON, July 11 British luxury brand Burberry said on Monday Marco Gobbetti, currently chairman and chief executive of French luxury brand Céline, would succeed Christopher Bailey as chief executive next year.
* Julie Brown appointed as new chief operating & financial officer