Mars Pounces on Hotel Chocolat: The London Rush
Hi, I’m Gabi from Bloomberg's UK Breaking News team, bringing you the corporate updates making waves this morning.
1970-01-01 08:00
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
1970-01-01 08:00
The World Is Choking on Plastic Pollution. Can Countries Find a Fix?
In March 2022, the world decided it was time to address the growing scourge of plastic pollution. About
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Tougher Times for Luxury Brands Separate Winners From Losers
The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers. Kering SA warned
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00