Jonathan Akeroyd News

16.11 / 09:43

Strategy performer reports Britain's Burberry bruised by slowdown in luxury spending

By Paul Sandle

13.11 / 09:41

markets UPS CEO Strategy Hennessy wellness reports Burberry is being wooed for its chequered past and bright future

Subscribe to enjoy similar stories. The days are getting colder in Europe. Perhaps a black, white, tan and red down jacket will keep Burberry investors warm.

16.07 / 11:20

markets CEO performer Nick Train: Burberry bosses must 'rethink' how to fulfil the brand's potential

His comments came after the luxury fashion group replaced its former CEO Jonathan Akeroyd on Monday (15 July) and issued a fresh profit warning. The news led to a 20% slump in Burberry's share price, which has continued to fall as markets opened today. According to data from MarketWatch, the firm's shares are down almost 4% so far. Train has been a long-term investor in Burberry via Finsbury Growth & Income, and has repeatedly backed the company despite its declining share price damaging the trust's own performance. Nick Train: 'We should not have been surprised' at Hargreaves Lans...

15.07 / 13:25

markets CEO wellness trends performer reports Burberry appoints new CEO amid warnings of first-half operating loss

British luxury fashion house Burberry has appointed Joshua Schulman as its new chief executive officer

17.11 / 20:23

Citi FIVE JPMorgan blues reports Department Analysis-Fewer shoppers in Burberry stores complicates design overhaul

By Mimosa Spencer

16.11 / 10:33

CEO Strategy reports Burberry shares sink 9% as luxury spending slowdown bites

LONDON — Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the low end of forecasts amid a global slowdown in luxury spending.

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