ANALYST VIEWS: WHAT IS SUPERGROUP’S RECIPE FOR SUCCESS? July 15, 2010 KEITH BOWMAN | HARGREAVES LANSDOWN “In the wake of recent comments from both Burberry and ASOS, Supergroup is again proving that the consumer is still ‘alive and kicking’ and prepared to spend money on the right offering.” FREDDIE GEORGE | SEYMOUR PIERCE “The company is gaining traction in womenswear, the international opportunity has been significantly [...]
Rich pickings for Burberry as sales boom January 19, 2010 BURBERRY sales soared by 12 per cent in the three months to the end of the year – confounding City forecasts. The company took £380m in revenue over the period as it dropped unprofitable lines and kept a tighter control on stock. Wholesale revenue – which comes from department stores that stock the group’s trademark [...]
The man making MINI cooler – and smaller September 27, 2010 NO car captured Anglo cool like the British Motor Corporation’s Mini of the 1960s, the Mods’ car of choice. Bought by BMW in 1994 (as part of Rover), Mini became MINI in 2000, but remains irresistibly hip; the ride of choice for young British urbanites whose European equivalents would drive Fiats around Rome and Milan; [...]
Lesley Knox takes chair at Grosvenor July 20, 2010 LESLEY Knox, one of only two female chairmen at FTSE 100 firms, yesterday added another prestigious role to her CV as chairman of Grosvenor, the Duke of Westminster’s property firm. Grosvenor said its current chair, Lord (David) Home, plans to retire as a trustee of the company and from the board at the end of [...]
Lesley Knox takes chair at Grosvenor July 20, 2010 LESLEY Knox, one of only two female chairmen at FTSE 100 firms, yesterday added another prestigious role to her CV as chairman of Grosvenor, the Duke of Westminster’s property firm. Grosvenor said its current chair, Lord (David) Home, plans to retire as a trustee of the company and from the board at the end of [...]
Hermes lifts its sales forecast July 20, 2010 DESIGNER label Hermès yesterday lifted its full-year sales growth target on the back of a stronger than expected second quarter, confirming the French group was enjoying one of the strongest rebounds of the luxury sector. The maker of printed silks and €10,000 (£8,500) leather handbags now foresees a 10-12 per cent rise in full-year sales [...]
Net-a-Porter to cater for men June 10, 2010 The net-a-porter group is to launch a menswear site. “Mr Porter” will launch for the spring/summer 2011 season, with brands including global designer labels such as Burberry, Ralph Lauren, Lanvin, YSL, Gucci, Margiela, Balmain, Dunhill, Margaret Howell, Rick Owens, John Lobb and MR by the designer, Roland Mouret. There will also be style advice on [...]
Net-a-Porter to cater for men June 10, 2010 The net-a-porter group is to launch a menswear site. “Mr Porter” will launch for the spring/summer 2011 season, with brands including global designer labels such as Burberry, Ralph Lauren, Lanvin, YSL, Gucci, Margiela, Balmain, Dunhill, Margaret Howell, Rick Owens, John Lobb and MR by the designer, Roland Mouret. There will also be style advice on [...]
WORLD CUP STOCK PICKS ARE FAR FROM A SAFE INVESTMENT PLAY May 26, 2010 YET more World Cup fun and games from the financial sector, as Halifax Share Dealing yesterday launched a “Sports Stocks Index” based on the upcoming tournament. The broker’s method was to match shares to each of the competing World Cup nations by matching their Fifa country abbreviations to a ticker symbol on an international exchange. [...]
FTSE closes above 5,000 led by miners who now may not face Aussie tax hikes May 26, 2010 BRITAIN’S top share index recovered to close above 5,000 points yesterday, led by miners after reports the Australian government may relax punitive tax measures, while Burberry jumped after strong earnings. The FTSE 100 ended up 97.40 points or 2 per cent at 5,038.08, having tumbled 2.5 per cent on Tuesday to its lowest close since [...]