Burberry
Burberry announces full-price sales increase
The UK-based luxury group has reported that, in the third quarter of fiscal 2022, full-price sales increased driven by a strong performance in outwear and leather goods and in the US market
Burberry signs sustainability linked loan
The luxury group has refinanced its Revolving Credit Facility to a 300 million British pounds (358.9 million euros) sustainability linked loan, in coordination with Lloyds Bank
Fashion bets on data-analysis science
The Retail Data-Forwardness Index shows that 22 leading global fashion companies employed 40.3% more data related professionals in 2021 than in 2020
Burberry reports revenue growth
The UK-based luxury group has announced the results for the first half of fiscal 2022. Revenue returns to pre-pandemic levels, as full-price sales grow at a double-digit percentage
Burberry appoints new Chief Digital and Analytics Officer
CP Duggal has been appointed Chief Digital and Analytics Officer, effective from the 30th of September onwards. He will be responsible for driving Burberry’s digital agenda and leveraging data and analytics to support the company’s strategic ambitions
Burberry reports growth acceleration
The luxury group announced comparable store sales with a strong rebound in the first quarter, rising by 90% in comparison to last year. Retail revenue reached 479 million British pounds (566 million euros)
CEO Marco Gobbetti is leaving Burberry by the end of the year
Burberry announced that Marco Gobbetti has notified the Board of his intention to step down as Chief Executive Officer and leave the company at the end of 2021. Mr. Gobbetti is joining Ferragamo
Burberry adjusts forecast after sales rebound
The luxury fashion house headquartered in London has issued an unscheduled trading update ahead of the 27th of March 2021 financial year end
Burberry: store sales decline by 9%
The UK-based fashion house has announced third quarter results, marked by decline in retail revenue. Suffering the impact of COVID-19 in its retail network, comparable store sales declined by 9% in the quarter
Burberry included in Bloomberg's Gender Equality Index
The ethical character of the British fashion brand Burberry was first recognized by the Bloomberg Gender-Equality Index (GEI) - Bloomberg's Gender Equality Index
Gucci, Burberry, Prada, Dior and Moncler win the Altagamma Digital Awards 2020
The fourth edition of Altagamma Digital Awards revealed the winners. The distinction is given to Personal Luxury brands that standout for their digital leadership. The 2020 edition was organised in partnership with the National Chamber of Italian Fashion
Burberry with growth in leather goods category
The UK-based luxury brand has announced a decline of 31% in revenue for the first semester of the current fiscal year. Despite that, Burberry is pleased with the year-on-year growth registered in the leather goods category
Burberry’s sales down by 45% in first quarter
Comparable sales of the Britain-based luxury brand declined by 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions
Burberry: sales decline by 27% in the last quarter
The British-based luxury fashion house was heavily impacted by the COVID-19 pandemic, with 60% of stores closed by the end of March. In the fourth quarter sales declined by 27%
Burberry says it will not apply for British state crisis money to pay salaries
With the UK under lockdown given the Covid-19 pandemic, many companies have taken advantage of the state job retention scheme. Burberry has said it won't take any of this cash-
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