Burberry Group PLC closed 2.00% below its 52-week high of £13.61, which the company achieved on July 18th.

The bank added that Burberry, Coach, Ralph Lauren and Longchamp are "benefiting greatly" from aspirational consumers who feel left behind by the bigger, more expensive luxury brands.

Kioxia today announced an update to its KIOXIA AiSAQ software, allowing balance specific workloads in RAG systems without hardware modifications.