FTSE 100 closes in positive territory but is down on week as trade tensions continue to blight markets
Benchmarks on Wall Street are trading higher, with the Dow Jones Industrial Average up 116 points
Company
Burberry Group PLC
LON:BRBY
Burberry Group designs, sources, manufactures and distributes luxury mens, womens and childrenswear and non-apparel accessories globally through its own retail stores, concessions and wholesale customers. Burberry also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company's non–apparel offerings include handbags, soft accessories, such as scarves, small leather goods, shoes, belts and jewellery.
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FTSE 100 joins other European benchmarks to go lower as trade fears continue to dent sentiment
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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Greene King enjoying the summer sunshine
The oil sector dominates the corporate news agenda on Thursday but it is also difficult to get away from matters pertaining to the World Cup
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Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
Investments and investor services
FTSE 100 propelled to new record close as pound weakens and Dow Jones breaches 25,000
FTSE 100 reached a new record close on Monday after achieving it last time on Thursday
Burberry unveils £150mln share buyback as it reports 2018 profit growth
Burberry reported better-than-expected full year profits as it transitions into a higher luxury brand
Investments and investor services
FTSE 100 closes higher as Wall Street struggles for direction
The UK blue-chip benchmark closed around 11 points higher at 7,334..
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Boozy Wednesday in the City with Marston’s, Mitchells & Butlers and Bulmers maker C & C all due
It might not be Friday but it could be a messy one in the Square Mile nonetheless, particularly for the pub chains, which are likely to have felt the force of the ‘Beast from the East’
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Wide variety of blue-chip updates due in coming week - from Centrica to AstraZeneca
Week ahead includes updates from drugs giant AstraZeneca, mobile phones operator Vodafone Group, British Gas-owner Centrica, and postal delivery firm Royal Mail Group
Burberry shares drop as Groupe Bruxelles Lambert sells entire 6.6% holding via private placement
The sale of 27.6mln shares, first announced after the market close on Tuesday, was conducted via an accelerated bookbuild placing undertaken by Goldman Sachs
FTSE 100 closes higher, boosted by oil stocks
President Donald Trump decided to abandon a key Iran nuclear deal, sending oil prices higher
Burberry Group appoints Belstaff boss to newly created position of chief commercial officer
Haig joins Burberry from sportswear brand Belstaff, where he was chief executive, and he previously spent a decade at watch maker Cartier, where he was managing director of international operations
FTSE 100 puts in late spurt to close comfortably higher
Shire shares propped up the rest of the Footsie leader-board despite Takeda unveiling an improved offer for the drugs maker
Burberry names Gerry Murphy as its chairman designate
The FTSE 100-listed firm said Murphy will start on 17 May and will succeed John Peace as chairman after the company’s annual shareholder meeting on 12 July
Burberry earnings to accelerate under new management team, says Goldman Sachs
Goldman raised its rating on Burberry to ‘buy’ from ‘hold’ and lifted its target price to 2,395p from 1,797p.
FTSE 100 consolidates gains to close higher but miners weigh
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
Burberry unveils former Givenchy designer Riccardo Tisci as its new chief creative officer
The FTSE 100-listed group said Tisci will replace Christopher Bailey, who has been Burberry’s chief creative officer and president since July 2017 but who announced he will leave both roles at the end of March this year
Investments and investor services
FTSE 100 closes firmly lower as global share rout continues
Investors didn't want to venture into shares today, or outside much in the UK for that matter
Burberry's plans to take brand more upmarket will take time, says Jefferies
Jefferies initiated its coverage of Burberry with a 'hold' rating and target price of 1,650p