|Day Low/High||22.35 / 22.60|
|52 Wk Low/High||13.88 / 23.92|
Burberry Group overcame retail's gloom.
Hermes International traded higher Thursday after a strong set of first-quarter earnings that added to the gaining momentum of the luxury sector that has seen many houses report double-digit growth.
Kering shares hit an all-time high on Wednesday in Paris after the French luxury goods house reported a record performance in the first three months of the year.
Shoppers have been snapping up accessories, especially leather goods, boosting the earnings of many luxury houses.
Burberry's second-half earnings were dragged down by closures in the U.S. department stores, the company said Wednesday, sending shares to a three-month low.
European stocks posted modest gains in early Wednesday trading, powered by solid auto sector sales and a improving corporate sentiment.
Your round-up of the financial news from around the world.
Burberry posted weaker-than-expected second half sales growth Wednesday and a slowdown in fourth quarter activity linked to a "challenging environment" in North American markets but held its 2017 profit targets.
A deal for the Mouse House would solve several of Apple's major problems, but pulling off a mega-deal like this wouldn't be easy.
Kate Spade shares crash on reports it needs more time to consider a Coach takeover bid.
Burberry stock gained on Monday morning in London after it said it was teaming up with beauty product manufacturer Coty.
This fashion stock is poised for long-term growth.
China's renewed demand for luxury and growing love of sports brands should drive growth over 2017, but not all brands will profit equally.
The stock is up on new details of a potential takeover.
China sees full-year GDP grow at its slowest rate in more than a quarter of a century.
Burberry sees sales in the U.K. spike 40% on a lower pound since the Brexit vote.
Burberry said Wednesday that group revenue rose more than 20% on a reported currency basis in the three months ending in December.
The French broker singled out Hugo Boss, Ferragamo and Burberry for a strong first half, but warned of hightened risk as the year progresses.
Stocks enjoyed another strong day on Wall Street as the financial sector pushed the S&P 500 higher.
The Dow trades at an all-time high Monday as the financial and energy sectors rise.
German DAX leads the way back up after Italy induced selloff in the morning hours as autos and banks rally.
The Dow trades at an all time high Monday as crude oil climbs higher and markets shrug off potential negative effects of Italy's 'no' vote on its constitutional reform referendum.
U.S. stocks gained steam on Monday, with the Dow Jones Industrial Average opening at a fresh record high.
Stock futures rise Monday as crude oil continues to climb higher and markets shrug off potential negative effects of Italy's 'no' vote on its constitutional reform referendum.
Italy says no to constitutional reform, Apple say yes to automated cars, Burberry rejects a takeover and more.
Coach should think twice about overpaying for luxury fashion brand Burberry.
Coach is said to have approached Burberry multiple times, but merger talks are no longer taking place.