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The City view - Burberry

Investec Securities has initiated coverage of Burberry with a 'Buy' recommendation and set a price target of 280p.

Burberry like for likes down

In the three months to 31 December 2008 same store sales were down 3 per cent.

Burberry enjoys strong sales growth

Luxury fashion brand Burberry saw total revenue rise 22% to £574 million in the three months to 31 December.

Burberry profits rise

Burberry has reported a 3 per cent rise in first half operating profit

Burberrys new home reflects best of British

Luxury fashion retailer Burberry has moved into its new global head office in Londons Westminster.

Brokers note - Burberry

Investec Securities has increased its price target on Burberry from 370p to 395p following its Q1 trading figures today (July 15).

Burberry to launch social networking site

Luxury fashion retailer Burberry is to launch a social networking site next month as it seeks to forge closer relationships with customers and attract new shoppers.

Burberry set for FTSE 100 listing

British fashion stalwart Burberry is poised to add its distinctive red, black and tan check livery to the FTSE 100 index of leading shares.

Burberry first quarter revenues rise

Burberry reports 26 per cent rise in first-quarter revenues on Tuesday.

540 jobs under threat as Burberry cuts costs

Burberry is to cut up to 540 jobs, the fashion retailer said as it revealed like-for-like store sales were down 3 per cent in the last three months of 2008.

Burberry to restructure Spanish arm

Luxury heritage brand Burberry is to restructure its Spanish arm in a bid to bring the division in line with the global business.

Burberry reports 34% rise in revenue

Burberry, the iconic British fashion retailer, has reported a 34% rise in revenue to £367 million in the three months to 30 June.

Strong retail sales for Burberry

Burberrys revenue rose 6% year-on-year for the six months to September 30 to £572m, boosted by solid retail sales and a particularly strong performance from the UK and Korea.

Burberry has a strong start to the year

Burberry made a solid start to the year with retail revenues ahead 12 per cent in the three months to June 30.

Burberry reports strong sales

Burberry Group has announced that full year profits will be at the upper end of market expectations. In the three months to March, the luxury fashion retailer reported a 33% boost in fourth quarter sales with total revenues of £390million.

Burberry sales up 24% in first quarter

Burberry reported a 24% hike in sales to £291m for the three months to June 30 with a strong performance across both retail and wholesale.

Burberry third quarter sales up 27%

Burberry reported a 27% hike in revenue to £470m in the three months to December 31 with double digit growth across both their wholesale and retail sectors.

Burberry buys out Chinese franchisee

Luxury retailer and brand Burberry has agreed to buy 50 stores in China from its franchisee in a deal worth £70m.

Burberry on strong upward trajectory

Luxury specialist Burberry reported a 24% hike in revenue to £291m for the three months to June 30, following a strong performance across retail and wholesale.

Burberry expects record profits as UK outperforms

Burberry said its full-year profits will be at record levels following a stronger than anticipated end to the year.

Burberry sales soar 30% in first half

Luxury fashion brand Burberry saw total revenue surge 30% to £830m in the six months to September 30.

Burberry's profit climbs 39%

Burberry, the luxury clothing and accessories retailer, saw pre-tax profit for the year to 31 March increase by 39% to £297.9 million compared to the £214.8 million achieved in the previous year.

Burberry hires digital marketing head

Luxury retailer Burberry has created a new role to focus on marketing across its digital platforms.

Burberry pre-tax profits rocket 50%

Pre-tax profits at Burberry rocketed nearly 50% to £129m in the six months to September 30, as the luxury giant fine-tuned its stock replenishment system.

The City view - Burberry

Investec Securities has initiated coverage of Burberry with a 'Buy' recommendation and set a price target of 280p.

Burberry revenues up

Luxury goods brand Burberry has reported increased retail revenues for the six months to 31 March, in its second half trading update.

Burberry like-for-likes up 15% in first quarter

Strong sales of menswear, accessories and kidswear aided double-digit sales growth at Burberry for the three months to June 30.

Burberry expects profits at top end of expectations after strong Q4

Burberry expects its adjusted pre-tax profit to be at the top end of market expectations as the retailer reported a 33% surge in sales for the fourth quarter to March 31.

Retailers? Sale discipline returning, says Burberry

Burberry has said fewer retailers on the high street have started their Sales early this year, pointing to the emergence of better price discipline. 

No downturn for Burberry as sales soar in final quarter

Luxury British retailer and brand Burberry expects earnings to come in at the top end of expectations after a strong final quarter.