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Louis Vuitton Dives Head First Into NFTs
Monday, April 18, 2022 - 12:55pm | 230Read More...Non-fungible tokens (NFTs) continue attracting investments from mainstream firms and brands increasingly often, showing an incredible growth ever since they were first developed and deployed on the Ethereum (CRYPTO: ETH) blockchain. What Happened: Major fashion brand Louis Vuitton launched its...
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Fintech Focus For August 4, 2020
Tuesday, August 4, 2020 - 11:09am | 2800Read More...Daily Perspective: Don’t count the days, make the days count. - Muhammad Ali Fintech Movers: In Latin America, women are stepping up as fintech leaders, with five times as many female-founded fintechs as the global average. - Crunchbase Quantamental investment strategy shines. Virtu...
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A Resugence In Luxury Drives Goldman To Upgrade Tiffany
Friday, May 12, 2017 - 1:40pm | 426Read More...The luxury goods business is enjoying an upswing, and that could be very good news for Tiffany & Co. (NYSE: TIF). Goldman Sachs analyst Lindsay Mann has upgraded Tiffany from Neutral to Buy and believes the company could be one of the major beneficiaries from an uptick in luxury spending. All...
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Analyst: A Coach-Burberry Combination Would Be A 'Merger Of Problems'
Friday, October 21, 2016 - 10:19am | 377Read More...Shares of Coach Inc (NYSE: COH) were trading higher by nearly 4 percent early Friday morning following unconfirmed reports the fashion icon is being targeted for an acquisition by London-based Burberry Group (which trades (OTC: BBRYF) in addition to on the LON under ticker BRBY). A Betaville report...
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Burberry CEO Takes 75% Pay Cut After Rough Year
Tuesday, June 7, 2016 - 11:51am | 256Read More...The high-end UK-based fashion line Burberry (BURBERRY GROUP ORD GBP0.0005 (OTC: BBRYF) (OTC: BURBY) (LON: BRBY)) had a terrible year, as the company's pretax profit plunged 10 percent to £421 million ($612.41 million). The company's London-listed stock has lost more than 8 percent since the start...
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Do Burberry Earnings Forecast Trouble For Luxury Retailers?
Thursday, April 14, 2016 - 10:31am | 332Read More...British luxury fashion brand Burberry is trading down by about 5 percent on Thursday after reporting disappointing Q1 sales. U.S. investors are wondering if Burberry's weakness will translate to weak quarters for other luxury retailers like Lululemon Athletica inc. (NASDAQ: LULU), Coach Inc...
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Are Investors Suspicious Of Apple's Next Product Launch?
Sunday, March 13, 2016 - 3:32pm | 405Read More...Apple Inc. (NASDAQ: AAPL) will hold an event at its Cupertino headquarters March 21, according to an email sent to media sources Friday morning. In an unusual move, the company declined to invite investors to the event, which is expected to be an announcement of the fall Apple product line. Apple...
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Tiffany & Co. Latest Casualty In Tectonic Shift Of Consumer Preference
Tuesday, January 13, 2015 - 5:31pm | 717Read More...This piece contains the opinions of the author, Kristin Bentz, President at Talented Blonde, LLC, that do not reflect the opinions of Benzinga.com. Don’t say I didn’t warn you. On December 23, 2014, I posted a missive on my Tumblr page lamenting the recent weakness in traditional...
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Burberry Jumps on Q1 Sales (BRBY)
Wednesday, July 10, 2013 - 12:34pm | 222Read More...During Wednesday trading, shares of Burberry (LON: BRBY) are up nearly five percent. This move comes after the company reported that first quarter 2014 sales grew 18 percent while same store sales growing 13 percent. Investments in digital infrastructure can be credited for a significant...
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Burberry Slips on Weaker Asian Demand
Tuesday, September 11, 2012 - 10:14am | 288Read More...Shares of Burberry (OTC: BBRYF) fell 19 percent on Tuesday, the biggest single-session drop since November 2008. Britain's maker of the iconic trench coat and other luxury goods said adjusted pretax profit through March will be at the lower end of analyst estimates. The announcement may suggest...
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Who Are the Instagram Superstars for Innovative Brand Engagement
Tuesday, July 31, 2012 - 2:36pm | 1645Read More...By Bristol Voss, Minyanville Staff Writer Trade publisher iMedia scoured Instagram to identify which brands were capitalizing most effectively on the photosharing application famously purchased for $1 billion by Facebook (NASDAQ: FB). To date, Instagram has 50 million users according to API...
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Burberry's Soft First Quarter May Indicate Retail Trouble Overseas
Wednesday, July 11, 2012 - 8:37am | 465Read More...London-based luxury retailer Burberry (LON: BRBY) felt the rain fall down on its infamous plaid printed umbrella this morning, as the company experienced a fairly soft first quarter, further proving that overseas economic troubles are well underway. Consumers are not as willing to spend on...
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Is Burberry Moving from the Catwalk to the Trailer Park?
Tuesday, January 17, 2012 - 9:28am | 417Read More...In England, the past ten years has seen a new phenomenon called Chavs taking over the once great kingdom. The best way to describe them to Americans is to think of those toothless trailer-dwelling people you see on Jerry Springer or Maury, the guys and girls wearing sweatpants and repairing an old...
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Inter Parfums Down Over 8% After License Discussion Announcement with Burberry
Tuesday, December 20, 2011 - 4:50pm | 117Read More...Inter Parfums (NASDAQ: IPAR) is trading down over 8 percent on the session after the company announced that it is in discussions regarding the establishment of a new operating structure for the Burberry fragrance and beauty business. The company said that there can be no assurance that an...
