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Burberry Group plc news

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BRBY 1,402.90 -1.10 (-0.08%)
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Fendi on Sale at African Malls Where Bling Still King: Retail
With oil exports from Angola and Nigeria minting new millionaires, and the middle class growing in South Africa and Morocco, Burberry Group Plc, Prada SpA, and other luxury companies are opening stores in African cities to cater to demand for ...
Luxury fashion shifting to the middle ground
Luxury goods positioned at accessible price points are a key industry battleground, and increasingly the core revenue drivers of some of the fastest growing luxury goods players, including Mulberry, Jimmy Choo, Burberry, Coach and Michael Kors. But is ...
Samsonite Pulls Tokyo Chic Luggage Amid Carcinogen Claims
Samsonite International SA, the largest branded-luggage maker, is pulling its Tokyo Chic line to replace handles after reports they contained carcinogens.
SuperGroup to Exit Asos Site, Dealing Blow to Web Retailer
Asos offers about 850 brands on its site from $280 Burberry Group Plc sunglasses to $41 River Island dresses. About 55 percent of revenue comes from its own-label ranges.
Chow Tai Fook Profit Surges 79% on China Jewelry Demand
The world's biggest listed jewelry retailer raised about HK$15.8 billion in a public offering last December and joins companies including Burberry Group Plc and Prada SpA in betting on China's demand for luxury goods. Chow Tai Fook plans to double ...
Banks' Dollar Funding Costs Approach Two-Month High in Europe
... Greene King Plc dropped 4.2 percent after the British pub owner said there could be tougher trading ahead. UniCredit SpA fell 1.2 percent after a report that it's considering raising as much as 10 billion euros ($11 billion) in capital.
Giovanni Ribisi Marries Agyness Deyn
Deyn, 29, is a British model and budding actress who has appeared in ads for Burberry and Vivienne Westwood, among other designers.
Diageo's star rises in the East
He has one, possibly two, new distilleries in his sights and half of the group's existing 28 distilleries in Scotland will be expanded to meet the spike in demand.
ING Bank Forfeits $619 Million In Largest-Ever OFAC Settlement
Lloyds Banking Group PLC agreed in 2009 to pay a $350 million settlement, and Credit Suisse Group AG paid $536 million that same year.
Oil Giants Launch Bribe Probes in Kazakhstan
Italy's Eni and U.K. natural gas company BG Group PLC are the venture's operators and Chevron and Lukoil are minority partners.