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0.0383125269048644 0.0383125269048644 0.0383125269048644 0.0417563495479984 0.0426173052087818 0.0344382264313388 0.0318553594489885 0.0271201033146793
Stock impact report

Burberry Lifted by Americans Shopping in Europe: The London Rush [Financial Post (Toronto, Ontario, Canada)]

BURBERRY GROUP PLC S/ADR (BURBY) 
NASDAQ:AMEX Investor Relations: burberryplc.com/en/investors.html
Company Research Source: Financial Post
(Bloomberg) — Higher taxes and lower spending: that's expected to be the theme of Jeremy Hunts long-awaited Autumn Statement today. It is an opportunity to mitigate, the impact of a recession in the UK, and for the government to restore its fiscal credibility in the financial markets. It can't come soon enough — today's corporate reporting shows a slew of companies grappling with higher prices, higher interest rates and labor disputes. Here's the key business news from London this morning: In The City Burberry Group Plc: The luxury fashion brand's comparable store sales in mainland China, one of its biggest markets, fell by 19% in the first-half of the year as it grappled with Covid-19 lockdowns, compared with a 5% rise in the rest of the group. Meanwhile American tourists took advantage of the strong dollar to snap up luxury goods in Europe, boosting the company's sales growth in the three months through September to double digits Fuller, Smith & Turner Plc: The pub chain' Show less Read more
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