Mars Pounces on Hotel Chocolat: The London Rush
Hi, I’m Gabi from Bloomberg's UK Breaking News team, bringing you the corporate updates making waves this morning.
2023-11-16 17:59
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:15
Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade
Shoppers are rebelling against higher prices for everything from Piaget watches to Don Julio tequila, wiping off $45
2023-11-10 21:57
Tougher Times for Luxury Brands Separate Winners From Losers
The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers. Kering SA warned
2023-10-25 21:24
UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO
The executive driving the turnround of Burberry Group Plc said tourists are spending more on luxury goods in
2023-09-15 23:55
Hong Kong Is Losing Its Fight to Repair Image as Shopping Heaven
Hong Kong has struggled to regain its appeal as a global retail paradise since the city reopened this
2023-08-25 07:57
LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:48
Burberry Sales Rise 18% as China Rebounds for Luxury Brand
Burberry Group Plc sales rose at the fastest rate in two years after the trench-coat maker benefited from
2023-07-14 14:59
Tesco Names Gerry Murphy as Chairman After John Allan’s Exit
Tesco Plc appointed Gerry Murphy as chairman, weeks after John Allan stepped down amid links to a scandal
2023-07-01 20:58
LVMH, Kering Slide Again as Cracks Appear in Luxury’s Bull Case
European luxury giants LVMH and Kering SA fell, extending a rout that’s wiped out about $56 billion from
2023-05-24 18:59
Burberry Falls as Americas Slowdown Sours China Rebound
Burberry Group Plc shares fell more than 7% after a slowdown in the Americas overshadowed a rebound in
2023-05-18 17:22