Private Equity Fund Buying Burberry Soaring
When Christopher Bailey took office, it just suffered a sharp slowdown in the entire luxury industry and the adverse political and economic situation in the Asia Pacific region, especially in mainland China and Hongkong. Burberry Group PLC (BRBY.L) Boboli dropped significantly in the first half of the fiscal year ending September 2014 as a result of 30.
Royal Dutch Shell PLC (RDSA.L) Shell paid 47 billion pounds to buy the British natural gas group BG Group PLC (BG.L) and FedEx Corp. (BG.L) FedEx 4 billion 800 million US dollars to merge with Holland counterparts.
Burberry Group PLC has always been regarded as the target of mergers and acquisitions.
Goldman Sachs Group Inc (NYSE:GS) Goldman Sachs and other investment banks all think that Burberry Group PLC is attractive to potential buyers.
Burberry Group PLC (BRBY.L) listed 4.7% to 1825 pence in the market on Thursday, with a market value of about 8 billion pounds.
As early as 2013, luxury analysts and investment banking analysts said that the world's largest luxury group LVMH Mo t Hennessy Louis Vuitton SA (LVMH.PA) MOET & CHANDON Hennessy LV group merger Burberry Group PLC Boboli could happen in 2014.
Burberry Group PLC at the end of 2013
burberry
Announcing the exploits at that time, chief executive Angela Ahrendts will leave in mid 2014 to switch to Apple Inc. (NYSE:APPL) Apple Corp, headed by chief creative officer.
Christopher Bailey
The chief executive of glory became the first designer of luxury group CEO.
at that time
capital market
Worries about the imminent departure of Angela Ahrendts and the lack of confidence in Christopher Bailey have made Burberry Group PLC Bo Bo a favorable opportunity for other potential acquirers' Mergers and acquisitions during the first fiscal year of fiscal year 2014 under the new leadership.
But this did not weaken the investor's confidence, and the growth rate of the industry average level made Burberry Group PLC (BRBY.L) shares up nearly 20% in the past 12 months.
At the time of the deadline, Burberry Group PLC (BRBY.L) rose narrowed to 3.56% at 1805 pence.
According to the data, Burberry Group PLC Bo Bailey's adjusted pre tax profit in the first half of fiscal year fell 12.4% to 152 million 300 thousand pounds, less than the 153 million 500 thousand expected by the market.
The group said that the negative floating of the exchange rate reduced the profit in the first half of the year by 31 million. After excluding the exchange rate effect, the pre tax profit increased by 6%.
Revenue rose 6.6% in the first half of the fiscal year, from 1 billion 31 million pounds in the same period last year to 1 billion 100 million pounds, an increase of 14% over the previous year.
Although the growth rate is higher than that of H RMES International SCA (HRMS.PA) 12% of Hermes international, it is higher than that of Kering SA KER.PA. The 4% of the luxury goods department of Kai Yun group and 4% of the LVMH group leather goods department, but a sign of slowing down is shown in the ring comparison.
- Related reading
- Show show | Making The Costumes More Fun With A Sense Of Collision -- The 2019 Autumn Winter "I Style I Plastic" Conference
- Show show | Protecting The Environment Starts With You And Me -- The Special Session Of Sun Jinna'S Personal Works Of "Mo Mo Guang Guang"
- Chongqing | CIFW2019: International Make-Up Master Mau GP Ping Makeup Art Aesthetics Salon
- Chongqing | CIFW2019: Liu Wei'S Special Show
- Chongqing | CIFW2019: "Fashion Culture Quality Life" - Fashion China (Chongqing) Summit
- Show show | 集設計與工藝為一體的視覺盛宴——風尚京津冀2019百強青年服裝設計師\工藝師優秀作品聯合發布會舉行
- Show show | Move Environmental Protection To T - ANDREA CREWS SS20:MOMENTUM Conference Held
- neust fashion | "SHOW ME THE MONEY" X Adidas New Series Of Pictures Released!
- Expert commentary | Fundamentals Remain Bad Polyester Filament Market Will Be Running Weak
- Daily headlines | Stepping Into The New Era Of "Fashion Upgrades", The "Red Gang Tailor" Has Opened Its Colorful Future.
- Leggings Are Elegant And Well Worn In April.
- 跟宋慧喬學穿衣 連衣裙穿出柔美氣質
- Short Leg Star People Must Have A Heavy Eye Pencil Skirt.
- Fan Bingbing Exemplary Sportswear Teaches You To Return To Youth.
- You Are More Handsome Than Rich.
- Lim Yoona Is Pure And Beautiful, And The Spring Street Is Sweet.
- European And American Show Clothing Leads Lace Fashion Trend
- H&M Promotion Of Environmental Protection Clothing Pop-Up Boutique New Attack
- Mulberry Retail Business Ushered In "Spring"
- Play Punk Wind, This Spring Is Enough Tide!