![Mars Pounces on Hotel Chocolat: The London Rush](/i/c/9df716c1-6fbd-5f79-d11a-d56b3d2dd024.webp)
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.
2023-11-16 17:59
![Burberry Warns Luxury Slump Puts Revenue Target Under Threat](/i/c/ba09f271-f8fc-44b8-768f-12f0a47a72b0.webp)
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
2023-11-16 15:56
![Chinese Tourists Are Returning to London, But Spending Far Less](/i/c/f8e1345c-6f0a-a95f-0a56-77e6a1502e50.webp)
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
2023-11-13 08:15
![Spirits and Luxury Stocks Fall as Pricing Power Starts to Fade](/i/c/2fbd10d2-aeab-7389-de14-6e3013893f2b.webp)
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
2023-11-10 21:57
![Tougher Times for Luxury Brands Separate Winners From Losers](/i/c/ce6e3cdf-e46a-ec98-00ba-879fb8cfdca7.webp)
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
2023-10-25 21:24
![UK ‘Tourist Tax’ Creates Gap With Europe, Says Burberry CEO](/i/c/fa4a5c8f-0155-a899-6e8e-fb1e7d1ef641.webp)
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
2023-09-15 23:55
![Hong Kong Is Losing Its Fight to Repair Image as Shopping Heaven](/i/c/0c384420-c6df-8bca-e29f-7fc4cc0692f4.webp)
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
2023-08-25 07:57
![LVMH’s US Weakness Weighs on Sales as China Rebounds](/i/c/265dd9c9-2838-111e-2b8a-e3ce9e197a55.webp)
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
2023-07-26 02:48
![Burberry Sales Rise 18% as China Rebounds for Luxury Brand](/i/c/f2a90aeb-4b53-915f-34eb-9c7924c41480.webp)
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
2023-07-14 14:59
![Tesco Names Gerry Murphy as Chairman After John Allan’s Exit](/i/c/ae5b6bcb-16d2-823d-8a5f-26e03c9c8aa8.webp)
Tesco Names Gerry Murphy as Chairman After John Allan’s Exit
Tesco Plc appointed Gerry Murphy as chairman, weeks after John Allan stepped down amid links to a scandal
2023-07-01 20:58
![LVMH, Kering Slide Again as Cracks Appear in Luxury’s Bull Case](/i/c/884068f7-d4e2-7257-d145-da4db8279057.webp)
LVMH, Kering Slide Again as Cracks Appear in Luxury’s Bull Case
European luxury giants LVMH and Kering SA fell, extending a rout that’s wiped out about $56 billion from
2023-05-24 18:59
![Burberry Falls as Americas Slowdown Sours China Rebound](/i/c/64f9956b-ae81-0cb7-f990-6b95fe12be22.webp)
Burberry Falls as Americas Slowdown Sours China Rebound
Burberry Group Plc shares fell more than 7% after a slowdown in the Americas overshadowed a rebound in
2023-05-18 17:22