![Burberry Warns Luxury Slump Puts Revenue Target Under Threat](/i/c/ba09f271-f8fc-44b8-768f-12f0a47a72b0.webp)
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 15:55
![Chinese Tourists Are Returning to London, But Spending Far Less](/i/c/f8e1345c-6f0a-a95f-0a56-77e6a1502e50.webp)
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 08:21
![Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade](/i/c/2fbd10d2-aeab-7389-de14-6e3013893f2b.webp)
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 23:55
![UK Retailers Demand Crackdown to Stop Wave of Shoplifting](/i/c/4f38b3e0-f27d-425d-df8d-509eb57ec2d1.webp)
UK Retailers Demand Crackdown to Stop Wave of Shoplifting
Retailers ranging from Tesco Plc to Burberry Group Plc have called for immediate action from the UK government
2023-10-01 07:45
![UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO](/i/c/fa4a5c8f-0155-a899-6e8e-fb1e7d1ef641.webp)
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 23:51
![Hong Kong Is Losing Its Fight to Repair Image as Shopping Heaven](/i/c/0c384420-c6df-8bca-e29f-7fc4cc0692f4.webp)
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 07:48
![LVMH’s US Weakness Weighs on Sales as China Rebounds](/i/c/265dd9c9-2838-111e-2b8a-e3ce9e197a55.webp)
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 02:54
![European Stocks Post Best Week Since March as Earnings Kick Off](/i/c/1402a967-fe9d-7bfe-4897-5a2089b557c0.webp)
European Stocks Post Best Week Since March as Earnings Kick Off
European stocks posted their biggest weekly advance since March on rising bets that the Federal Reserve’s monetary tightening
2023-07-14 23:54
![Burberry Sales Rise 18% as China Rebounds for Luxury Brand](/i/c/f2a90aeb-4b53-915f-34eb-9c7924c41480.webp)
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 14:46
![Tesco Names Gerry Murphy as Chairman After John Allan’s Exit](/i/c/ae5b6bcb-16d2-823d-8a5f-26e03c9c8aa8.webp)
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
![Britain’s Post-Brexit Policy Drift Alarms World’s Executives](/i/c/63f20fdd-eea8-75d2-a76b-7c6935c9e731.webp)
Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:21
![Apple’s Retail Plans Will Push Company Deeper Into China, Overhaul US Stores](/i/c/adb86f58-acde-73cb-a7dd-ddf51b06993b.webp)
Apple’s Retail Plans Will Push Company Deeper Into China, Overhaul US Stores
Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into
2023-06-02 02:50