BRBY.L - Burberry Group plc

LSE - LSE Delayed Price. Currency in GBp
2,143.00
-32.00 (-1.47%)
As of 2:53PM BST. Market open.
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Previous Close2,175.00
Open2,183.00
Bid2,143.00 x 0
Ask2,144.00 x 0
Day's Range2,140.00 - 2,203.00
52 Week Range1,618.50 - 2,362.00
Volume374,816
Avg. Volume1,718,319
Market Cap8.817B
Beta (3Y Monthly)1.64
PE Ratio (TTM)26.23
EPS (TTM)81.70
Earnings DateNov 14, 2019
Forward Dividend & Yield0.42 (1.99%)
Ex-Dividend Date2019-06-27
1y Target Est1,915.22
  • Financial Times

    Look no further — Burberry has everyone covered

    If you didn’t already know that Burberry is the biggest brand in the London Fashion Week schedule by far, then you’d soon guess from the production values. Designer Riccardo Tisci, who was appointed in 2018, said he wanted to create something for everyone, of all ages, in his Burberry collection. Burberry revealed in July that its like-for-like revenues rose by 4 per cent in the three months to June 29, compared with the same period last year, which was double what analysts had anticipated.

  • Is Burberry Group plc’s (LON:BRBY) 26% ROCE Any Good?
    Simply Wall St.

    Is Burberry Group plc’s (LON:BRBY) 26% ROCE Any Good?

    Today we'll look at Burberry Group plc (LON:BRBY) and reflect on its potential as an investment. In particular, we'll...

  • Financial Times

    Hi it’s Burberry, wanna chat?

    This is not the jovial exchange between two fashion-focused friends, but rather an instant and informal chat conversation between a Burberry shop assistant (referred to by the brand as a store associate), and a VIP client. This week Burberry launches a new feature on its mobile app, R World: an instant messaging platform designed with its digital partner Apple. Burberry is the first luxury brand to have its own tailor-made chat system.

  • 3 Sparkling Luxury Stocks
    Motley Fool

    3 Sparkling Luxury Stocks

    Some people like the more luxurious things in life, and these three companies have stood the test of time through boom and bust.

  • Here's What Burberry Group plc's (LON:BRBY) P/E Is Telling Us
    Simply Wall St.

    Here's What Burberry Group plc's (LON:BRBY) P/E Is Telling Us

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...

  • Barrons.com

    Burberry Stock Faces Challenges as the British Luxury Brand Continues Its Makeover

    Burberry is making changes as it tries to elevate the brand but it continues to face volatility in Asia, one of its most important markets.

  • INTERVIEW: Canada Goose CEO Aims for Margins in New Categories to Match Down Parkas
    IPO-Edge.com

    INTERVIEW: Canada Goose CEO Aims for Margins in New Categories to Match Down Parkas

    By John Jannarone Luxury apparel company Canada Goose Holdings Inc. intends for gross margins on new products to reach those of its down-filled parkas over the long term and its upcoming footwear products should also deliver best-in-class profits. That’s according to an interview CEO Dani Reiss gave to IPO Edge Wednesday after the company posted […]

  • Why Investors Should Embrace Canada Goose’s Maverick Style
    CorpGov.com

    Why Investors Should Embrace Canada Goose’s Maverick Style

    Canada Goose Holdings Inc. Reports Fiscal First Quarter Results Wednesday By John Jannarone Canada Goose Holdings Inc.’s unusual – and evolving – business model has ruffled some feathers recently. But for those who do their homework, there’s a chance to reap some luxurious gains. The Toronto-based outerwear maker, which was founded in 1957 make snowmobile […]

  • Should We Be Delighted With Burberry Group plc's (LON:BRBY) ROE Of 23%?
    Simply Wall St.

    Should We Be Delighted With Burberry Group plc's (LON:BRBY) ROE Of 23%?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • If You Had Bought Burberry Group (LON:BRBY) Stock Three Years Ago, You Could Pocket A 67% Gain Today
    Simply Wall St.

    If You Had Bought Burberry Group (LON:BRBY) Stock Three Years Ago, You Could Pocket A 67% Gain Today

    By buying an index fund, investors can approximate the average market return. But if you pick the right individual...

  • European markets cautious as Fed-induced rally subsides and trade war looms
    MarketWatch

    European markets cautious as Fed-induced rally subsides and trade war looms

    European markets edged down on Tuesday as the dust settled on last week’s rally and concerns over a trade war tempered gains.

  • Burberry Monogram Is the Latest Must-Have in Fashion
    Bloomberg

    Burberry Monogram Is the Latest Must-Have in Fashion

    (Bloomberg Opinion) -- Burberry Group Plc just pulled a rabbit out of its vintage check hat. The British luxury brand – which is in the middle of a business turnaround – reported same-store sales growth of 4% in the three months to June 29, double what was expected by analysts. The performance is all the more notable given the disruption to its Hong Kong stores from the city’s recent protests.Under creative director Riccardo Tisci, the company is trying to move its handbags and clothes up-market to compete with the likes of Louis Vuitton and Christian Dior. Tisci’s new monogram, based on the initials of the founder Thomas Burberry, is proving a hit with Chinese millennials. Having the Burberry name emblazoned on bags and sweatshirts is winning the hearts of young Asian shoppers, as are the limited edition “drops” of products sold via Instagram and China’s WeChat.Tisci’s collection now makes up about half of the Burberry range and its sales rose by a “strong double-digit percentage.” The shares jumped more than 10% on Tuesday after the sales update was published, taking the increase since the end of May to 30%. Sterling’s weakness is helping too.Investors are clearly betting that Tisci’s creations can do the same thing for Burberry that Gucci’s recent success did for the French luxury group Kering SA. And with more of his collection due in the next nine months, there are some grounds for optimism. Burberry estimates that three-quarters of its product range will be from the new designer by March next year.But Burberry isn’t free of its recent travails quite yet. It still has a lot of old stock hanging around and a U.S. distribution network that needs refreshing. As a result, the company maintained its outlook for flat revenue and operating profit margin for this financial year.Keeping a lid on expectations at this stage is wise because there’s scope for setbacks. While Chinese shoppers have led the Burberry revival, sales to them now account for about 40% of the group total. That means any trade war-related consumer slowdown might hurt demand.Burberry also needs to better exploit the Tisci buzz. It still doesn’t seem to have gained the traction that Gucci did in the early stages of its recovery, when everyone from Beyonce to One Direction’s Harry Styles sported the label.There’s a lot riding on this turnaround. If it works, Burberry could take a leading role in fashion industry consolidation; it had 837 million pounds ($1 billion) of net cash to play with at the end of March. You could see an attempt to create a British luxury empire to rival those being built in the U.S. by Capri Holdings Ltd. and Tapestry Inc.If the recovery stalls, though, that cash balance will look mightily attractive to other industry predators. Burberry may still end up in someone else’s fashion collection.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Demand for new designer's ranges lift Burberry sales and shares
    Reuters

    Demand for new designer's ranges lift Burberry sales and shares

    LONDON/PARIS (Reuters) - Strong demand for designer Riccardo Tisci's new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its shares soaring as a high stakes overhaul showed early signs of promise.

  • MarketWatch

    Burberry Group rallies after reporting Asia-led rise in sales

    Burberry Group shares rose nearly 9% in London trade as the company reported a 4% rise in comparable-store sales in the June-ending quarter. The company said that was led by a high single-digit percentage gain in the Asia Pacific region, driven by mainland China. Burberry maintained its outlook for a "broadly stable" top line and operating margin at constant exchange rates.

  • In makeover mode, Burberry bets on new branding to boost sales
    Reuters

    In makeover mode, Burberry bets on new branding to boost sales

    It has a hotshot new designer known for dressing Beyonce and is experimenting with monthly product launches on social media. Now Burberry is moving past its famed camel check prints with new logo-style branding meant to give its handbags and other wares the kind of covetable cachet top luxury rivals like LVMH's Louis Vuitton have long enjoyed. It's a gamble as fans of the British label digest the unfamiliar monogram - a motif of interlocking "Ts" and "Bs" in a nod to founder Thomas Burberry - splashed onto everything from hoodies to high heels.

  • London markets advance on fresh U.S.-China trade optimism
    MarketWatch

    London markets advance on fresh U.S.-China trade optimism

    Investors were encouraged by reports Saturday that included the U.S. suspending some sanctions on Huawei

  • European markets buoyed by lifting of Huawei ban, trade talks
    MarketWatch

    European markets buoyed by lifting of Huawei ban, trade talks

    EUROPE MARKETS European markets rallied Monday on the perceived lightening of trade skirmishes among the U.S. and China, with tech stocks among the best performers. How did markets perform? The Stoxx 600 (XX:SXXP) rallied to 388.

  • Airbnb’s New Luxe Tier Includes a $1 Million Polynesian Island
    Bloomberg

    Airbnb’s New Luxe Tier Includes a $1 Million Polynesian Island

    (Bloomberg) -- Gone are the days of air mattresses on the floor. Airbnb Inc. is now catering to the mega-wealthy with a new tier of luxury rentals.Airbnb Luxe went live Tuesday morning after long being teased, with 2,000 new listings on Airbnb’s website offering guests the chance to stay in some of the world’s most extravagant homes. Everything from entire islands to medieval castles and mansions decked out with water slides, dinosaur skulls, and archery ranges are up for rent.The average luxury listing has an asking price of $14,000 a week—but can go as high as $1 million a week for a private atoll near Tahiti that comprises 21 bungalows and a staff of 50.Luxury travelers have been eyeing high-quality home-rentals for a while, says Nick Guezen, Airbnb’s global director of portfolio strategy. But the market hasn’t offered enough security to high-profile and mega-rich clients who seek privacy, he says. “I think that's something that was missing—the idea of ‘I want to travel to a luxury home, but I’m not sure where to find it or who to trust.’”Which is not entirely the case, considering Accor SA-owned Onefinestay, the second-home rental platform ThirdHome, and apartment-rental company Paris Perfect are all established competitors in the space. And Airbnb Luxe itself is essentially a re-branding of Luxury Retreats, a Canadian company that specializes in high-quality listings and was acquired by Airbnb in 2017 for around $300 million. None of the listings on Luxe are new to market, they just now sit under the Airbnb umbrella.The company is betting on the strength of its brand to give it the competitive edge. “People are growing up with Airbnb,” said Eshan Ponnadurai, global marketing director of luxury for Airbnb. “Someone that started in their early 20s renting a room at $100 a night and is now growing in affluence may want a room at $1,000 a night.”Because Airbnb has become part of the cultural dialogue, renting out your home to a stranger has become legitimized in a sociological sense as well—even to the super-rich, says New York University Professor Arun Sundararajan, an expert on the sharing economy. In the past, those who own multimillion dollar properties might have been reticent to share them with strangers, but today most people know someone who has stayed in an Aribnb, he says. “It feels like a more normal activity and that lowers the barriers to rent out a more expensive home.”In 2017, only 36 percent of affluent travelers (those with an income over $100,000) surveyed by Skift Research reported to staying in alternative accommodation or home rentals. This year that number has mushroomed to 59 percent. Luxury LegitimacySince its founding in 2008, Airbnb has upended the travel industry, challenging the big hotel chains and travel sites like Booking Holdings Inc. while also attracting the ire of cities around the world that are seeking to crack down on illegal listings and grappling with rising rents. Conquering the luxury rental market will allow Airbnb to sell itself as a company that can not only comply with official rules, but also cater to the world’s richest—and most demanding— travelers. “This is a way for a luxury traveler to book a home without any worries or hassle,” Guezen says. “We can give them something that is vetted and can be trusted.”In April, it took over 10 floors of New York’s 75 Rockefeller Plaza with plans to convert them into 200 overnight apartment-style suites. In May, Airbnb added high-profile luxury retail executive Angela Ahrendts to its board of directors. Ahrendts, 58, spent five years overhauling Apple Inc.’s retail operations and, prior to that, transformed Burberry into a global luxury brand. This new luxury tier represents a lucrative revenue source as well, even if Luxe’s 2,000 listings pale in proportion to the more than 6 million listings available on the general site. The company takes a percentage of the cost of each booking it arranges, so more-expensive inventory generates higher margins and helps justify the privately held company’s $31 billion valuation. Under Airbnb Luxe, the entire fee is coming from the host and the percentage depends on the market and the type of partnership arranged with homeowners, Guezen says, but declines to give any specifics as the fees vary too much between properties. The global luxury travel market is worth more than $200 billion, and analysts expect it to continue growing.Trip DesignersThe biggest difference booking under Luxe vs. Airbnb’s regular or higher-tier Plus listings is free access to a trip designer, who arranges check-in logistics, local bespoke experiences, and services from childcare to private chefs or in-house massage therapists. (While novel for Airbnb, this sort of high-touch service, similar to that provided by Onefinestay’s dedicated concierges, is standard in super-high-end home rentals.)Airbnb’s 20 trip designers will be available to guests around-the-clock for VIP support. Some have already handled bizarre requests during Luxe’s pilot phase, such as building a temporary basketball court in Los Cabos, Mexico, for an NBA player or cordoning off a section of a jungle in Tulum for a high-profile family to cave dive in private. Homeowners or their representatives must apply to be part of Luxe. Each property is reviewed by an internal team that runs through a 300-point check list scrutinizing everything from the home’s design qualities and architecture to the quality of its linen and the water pressure in its showers. Listings include the Fleming Villa in Jamaica where Ian Fleming penned his James Bond novels and a medieval castle in the Tuscan countryside with nearly 100 acres of land for hiking and harvesting local produce. Many of the homes are owned by megawealthy families, including billionaires and celebrities, Guezen says. Some own multiple properties around the world and rent up to half a dozen through the site, he says. In order to protect the host’s privacy, guests are never told who owns the property and each home is stripped of anything that could personally identify them, like a bedside photograph or snail mail. Staff are advised not to disclose the identity of hosts or guests and each property is insured by Airbnb’s standard $1 million guarantee to cover any damages. Guezen says these super-rich hosts rent out their vacation retreats not only to monetize their assets, but also to ensure that the properties are well-oiled for their own stays. The move into luxury rentals is the next step in Airbnb’s plan to diversify its business ahead of an initial public offering likely next year. The company has been working toward becoming an end-to-end travel platform that can one day help travelers book flights through the site. Earlier this month it expanded its Experiences platform to include adventure tourism, offering travelers the chance to search for UFOs in Arizona or track lions on foot with Samburu guides in Kenya.Airbnb says the launch of Luxe helps meet increasing demand for luxury properties. In 2018, the number of Airbnb bookings for listings worth at least $1,000 a night increased by more than 60 percent, according to the company. “Today’s luxury traveler is craving more than just high-end accommodations,” Airbnb Chief Executive Officer Brian Chesky said in a statement. “They seek transformation and experiences that leave them feeling more connected to each other and to their destination.” Example Luxe ListingsCaribbean Literary HavenYou can book a stay at the Fleming Villa in Orcabessa, Jamaica, where Ian Fleming found inspiration for his James Bond novels. In addition to five bedrooms, there’s a private swimming pool and access to the Caribbean, along with the use of amenities at the nearby GoldenEye Resort, such as tennis, yoga and a spa. The open-plan bungalow layout features bamboo furnishings, high ceilings, and large windows. $4,455 per night; three-night minimumCote d’Azur VillaThis nine-bedroom, 18-bath property gives you access to Cannes, France, the Mediterranean, and nearby mountains. There’s a wine cellar, library, infinity pool with pool bar, and a terrace. The interiors have a serene tone with neutral colors and white sofas, and an included private chef and housekeepers ensure that you don’t have to lift a finger while on vacation. $13,265 per night; 30-night minimumMexican Beach EscapeThis hacienda-style villa in San Jose Del Cabo, Mexico, has six bedrooms and eight and a half baths for up to 15 guests. It has a waterslide descending into a curving infinity pool as well as an ocean-view terrace and and on-call, in-house masseuse. $3,200 per night; four-night minimum Entire Island  ResortNukutepipi, a private island in French Polynesia, features multiple houses and bungalows surrounded by palm forests and white-sand beaches. The staff includes a chef, captain, doctor, massage therapist, and activity coordinators. There’s a master villa and 15 guest houses with a total of 21 bedroom suites, making it perfect for weddings or group retreats. $146,183 per night; seven-night minimumTo contact the authors of this story: Olivia Carville in New York at ocarville1@bloomberg.netClaire Ballentine in New York at cballentine@bloomberg.netTo contact the editor responsible for this story: Justin Ocean at jocean1@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.