The only FTSE 100 stock Scottish Mortgage is buying Investing Scottish Mortgage has always had an international focus, and there's only one FTSE 100 stock the investment trust wants to buy: Itself.
Burberry: How low will ‘lost’ luxury fashion label’s shares go after FTSE 100 relegation? Retail Burberry’s share price just keeps dropping and the decline is has shown almost no signs of slowing down for more than a year. It hit a 15-year low of 565p this week, after reaching a 14-year low in July, after hitting an all-time high of £2,690p last April. It is set to drop out of [...]
Kering suffers as luxury brands deliver mixed results Business Luxury fashion conglomerate Kering announced a dramatic fall in net profit of 50 per cent in the first six months of 2024.
How did Burberry get stuck in the trenches? July 13, 2024 Burberry has struggled to compete with its luxuary peers over the past couple of years.
The Notebook: Victoria Scholar on why the allure of luxury bags could bolster designer marques October 25, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor Don’t discount the allure of luxury bags – or the stocks of their makers LVMH reported rather dismal results this month. The luxury goods giant, which owns brands like Louis Vuitton and Dior, announced third [...]
Evri to ‘triple’ deliveries as it rolls out e-cargo bikes in London and Leeds April 24, 2023 Delivery titan Evri has launched new plans to triple annual parcel deliveries using electric-cargo bikes. Evri, formerly known as Hermes will expand its e-cargo bike fleet to London and Leeds this year, as the company looks to reduce carbon footprint in the ‘last mile,’ of its deliveries. Evri said that its services completed 154,000 deliveries [...]