Burberry (BRBY LN) CEO says growth in China was driven by gen Z, which sped up in peak outwear and scarf season
Burberry's CEO highlighted that growth in China has been significantly fueled by the Gen Z demographic, particularly during the peak season for outerwear and scarves.
Mizhou (8411 JT) CEO says they see the next opportunity for the BoJ to hike is in April; sees the terminal rate at 1.50%
EUROPEAN OPEN: BRBY LN Q3 beat; RIO LN saw higher copper output, lower iron ore output; BARN SW new CEO; NFLX falls despite beat; UAL rises after earnings
Burberry (BRBY LN) CEO says growth in China was driven by gen Z, which sped up in peak outwear and scarf season
USTR Greer says EU trade agreement focuses on trade rather than national security; however, relationship with EU negotiator remains great
European Movers: Aixtron (AIXA GY) +6.6%, Burberry (BRBY LN) +6.6%, Rio Tinto (RIO LN) +1.8%, Pearson (PSON LN) +1.5%, Admiral (ADM LN) -1.7%, Avanza (AZA SS) -1.3%
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This suggests a strong demand trajectory, which could bode well for the company's performance and outlook, potentially positively impacting share price and appealing to investors focused on the luxury goods sector in a recovering consumer market.
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