Burberry Group PLC (BRBY.L)
LONDON Trading has picked up in recent weeks for British luxury brand Burberry , with improvements in the important Hong Kong and mainland China markets adding to hopes of a better performance in its peak sales months.
* To reduce size of Hong Kong flagship store (Adds detail, CFO, analyst comment, shares)
LONDON, Nov 12 European shares headed for a slightly weaker start on Thursday, tracking losses on Wall Street, with some poor company updates seen putting pressure on the broader stock market.
LONDON, Nov 12 Britain's FTSE 100 futures were flat on Thursday. For more on the factors affecting European stocks, please click on
LONDON, Nov 12 British luxury brand Burberry said on Thursday its comparable store sales improved in its third quarter relative to the second as it reported a better-than-expected 3 percent rise in first half underlying profit.
SHANGHAI/ZURICH A slowdown in China is forcing multinational companies to treat the world's second-biggest economy more like a developed market, turning away from a headlong dash for growth to focus on premium businesses, or improving productivity by investing in staff.
Nov 3 British luxury brand Burberry Group PLC said it will invest more than 50 million pounds ($77 million) in a new manufacturing plant in Leeds, northern England, that will employ more than 1,000 people.
LONDON, Oct 16 Britain's top share index rose on Friday as investors stepped in to buy up commodity stocks after oil and metals prices climbed on cuts to global supply.
** Burberry suffers spate of earnings forecast cuts at brokers as the China slowdown bites though Goldman Sachs is still convinced the stock is a "buy"
NEW YORK - A tame inflation reading and strong earnings from Citigroup led investors to pile back into stocks on Thursday, pushing Wall Street to its best level in eight weeks.
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