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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Luxury goods

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IG Spread betting and CFD Trading

Hermes shares record, sales impress

Hermes shares hit a new intraday high after the luxury goods maker’s Q4 sales beat estimates. IGTV's Angeline Ong explains why the results from the Birkin bag maker amplifies the positive mood music in the high-end luxury sector.

2024-02-09T12:30:47+0000

IG Spread betting and CFD Trading

Burberry shares slump after profit warning

British luxury fashion house Burberry has cut its full-year profit forecast. It comes after a poor Christmas trading period and it blames a slowdown in demand for luxury goods and foreign exchange rates.

2024-01-12T10:06:58+0000

IG Spread betting and CFD Trading

Burberry shares down heavily on negative outlook

A slowdown in demand for luxury goods has stirred FTSE 100-listed Burberry into warning it may not be able to hit sales targets. The board says the “macroeconomic environment has become more challenging”.

2023-11-16T10:00:39+0000

IG Spread betting and CFD Trading

LVMH shares tumble after poor sales

Luxury conglomerate LVMH saw a drop in sales in third quarter (Q3), as demand for handbags moderated and sales for spirits fell after several years of stellar growth.

2023-10-11T09:19:34+0100

IG Spread betting and CFD Trading

Shares in luxury brands shine, H&M falls

We’ve seen stellar gains for luxury stocks Kering and LVMH, but why are fast fashion retailer H&M’s shares sinking? IGTV’s @AngelineOng checks out the stock action.

2023-09-15T13:36:15+0100