Chinese Tourists Traveled Widely. Now They're Barely Leaving Home.
Chinese consumers continue to save rather than travel because of economic uncertainty.
Source: marketwatch.com
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Burberry Group PLC Cuts FY24 View
By Michael Susin Burberry cut its fiscal 2024 guidance after luxury demand slowed further during December's key trading period. The British luxury-goods...
United Kingdom Michael Susin Jonathan Akeroyd Executive Jonathan Akeroyd Article Normal Clothing Textiles
Source: marketwatch.com
Burberry Shares Fall After Guidance Cut
By Michael Susin Burberry shares tumbled to the bottom of the FTSE 100 in early trading Friday after the group downgraded its guidance, citing a continued...
Source: marketwatch.com
Burberry Cuts Guidance on Slowing Luxury Demand -- Update
By Michael Susin Burberry cut its guidance after global luxury demand continued to slow during December's key trading period. The British luxury-goods...
United Kingdom Jonathan Akeroyd Michael Susin Executive Jonathan Akeroyd Article Normal Clothing Textiles
Source: marketwatch.com
Walmart Earnings, Low Fuel Prices Drag on Stocks
Investors feel hopeful about inflation, interest rates
Cisco Systems Nasdaq Composite Dow Jones Industrial Average Wsjfinance Markets Stock Market Today Wall Street
Source: wsj.com
Burberry Group plc 1H EPS 42.1p
By Michael Susin Burberry Group warned that the global slowdown in luxury demand is hurting its performance and that it is unlikely to achieve its guidance...
Source: marketwatch.com
Burberry Warns of Profit Hit Amid Slowdown in Luxury Demand -- Update
By Michael Susin Burberry Group warned that the global slowdown in luxury demand is hurting its performance and that it is unlikely to achieve its guidance...
United Kingdom Michael Susin Jonathan Akeroyd Burberry Group Executive Jonathan Akeroyd Article Normal
Source: marketwatch.com
Burberry Shares Fall After Warning of Slowdown in Luxury Spending
By Michael Susin Burberry shares were the FTSE 100's worst performer in early trading after the group warned a global slowdown in luxury demand is hurting...
United Kingdom Michael Susin Jonathan Akeroyd Mainland China A Executive Jonathan Akeroyd Article Normal
Source: marketwatch.com
European Luxury Brands' Sales Slump as Shoppers Tighten Belts
By Michael Susin Burberry is just the latest luxury company to report a slowdown in demand as inflationary pressures affect wealthier consumers around the...
United Kingdom Piral Dadhania Michael Susin Moet Hennessy Louis Vuitton Johann Rupert Hennessy Louis Vuitton
Source: marketwatch.com
The luxury crown lies heavy on Louis Vuitton and Christian Dior
LVMH failed to deliver another blockbuster quarter. That should worry the luxury sector as a whole
Source: timeslive.co.za