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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Burberry Group    BRBY   GB0031743007

BURBERRY GROUP (BRBY)
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1724.75 GBp   -2.56%
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Burberry : LVMH's Celine creator Phoebe Philo to leave company

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12/22/2017 | 08:08pm CEST
FILE PHOTO - Former honoree and creative director of CELINE, Phoebe Philo, arrives at Time 100 gala celebrating magazine's naming of  100 most influential people in the world for the past year in New York

PARIS (Reuters) - Phoebe Philo, artistic director of LVMH's (>> LVMH Moët Hennessy Vuitton SE) Celine label will leave the high-end ready-to-wear brand in January, the company said on Friday.

PARIS (Reuters) - Phoebe Philo, artistic director of LVMH's (>> LVMH Moët Hennessy Vuitton SE) Celine label will leave the high-end ready-to-wear brand in January, the company said on Friday.

"Working for Celine has been an amazing experience for me over the past ten years," Philo said in a statement.

The British designer has decided to take a break, believing that she had accomplished her mission to revamp Celine, and will not join another firm in the immediate future, a source close to the matter had told Reuters earlier.

The source denied rumours she would join Burberry (>> Burberry Group).

"Phoebe has written a key chapter in Celine's story for the last ten years. We are very grateful to her for contributing to the great development of this house (Celine)," said LVMH boss Bernard Arnault.

(Reporting by Pascale Denis and Dominique Rodriguez; writing by John Irish, editing by David Evans)

Stocks treated in this article : LVMH Moët Hennessy Vuitton SE, Burberry Group
Stocks mentioned in the article
ChangeLast1st jan.
BURBERRY GROUP -2.46% 1722 Delayed Quote.-3.21%
LVMH MOËT HENNESSY VUITTON SE -0.55% 262.6 Real-time Quote.6.13%
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Financials (GBP)
Sales 2019 2 717 M
EBIT 2019 449 M
Net income 2019 315 M
Finance 2019 834 M
Yield 2019 2,44%
P/E ratio 2019 23,20
P/E ratio 2020 20,77
EV / Sales 2019 2,32x
EV / Sales 2020 2,23x
Capitalization 7 137 M
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Mean consensus HOLD
Number of Analysts 21
Average target price 19,6  GBP
Spread / Average Target 11%
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Managers
NameTitle
Marco Gobbetti Chief Executive Officer & Director
Gerard Martin Murphy Chairman
Julie Brown Director, Chief Operating & Financial Officer
Fumbi Chima Chief Information Officer
Mark McClennon Global Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
BURBERRY GROUP-3.21%9 400
INDITEX - INDUSTRIA DE DISEÑO TEXTIL-15.44%88 318
KERING-5.62%54 041
FAST RETAILING CO LTD22.11%50 419
ROSS STORES19.46%35 795
GAP-21.70%10 260