Burberry
Burberry posts revenue growth
The UK-based luxury group reported a revenue increase of 11% in the first half of fiscal 2023, year-over-year, mainly driven by a strong performance in the EMEIA region
Burberry raises pay rates early to support staff during cost-of-living crisis
The UK-based luxury group announced that, in light of the rising cost of living, has decided to anticipate the new UK real Living Wage pay rates by more than six months
Burberry appoints Daniel Lee as new Chief Creative Officer
Daniel will join Burberry on the 3rd of October 2022. He will be based at Burberry’s headquarters in London and report to Chief Executive Officer, Jonathan Akeroyd
Burberry COO and CFO to step down
The UK-based luxury brand has announced that Julie Brown will leave both her roles as Chief Operating and Financial Officer at the close of the company’s fiscal year, on the 1st of April 2023
Burberry obtains SBTi approval for net-zero emissions target
The UK-based group, which is set on reaching net-zero emissions by 2040 by reducing them across operations and the supply chain, is the first luxury company to receive this approval
Lockdowns in China hit Burberry's sales
The luxury group reported in a trading update that despite an overall recovery, sales in Mainland China dropped by 35% in the first quarter of 2022, as compared to the same period of last year
Burberry renews partnership with Myhtical Games
The luxury group revealed its second NFT collection with Mythical Games in its flagship Blankos Block Party. The collaboration includes social spaces for communities within the game
Burberry committed to being the best place to work for women
While committing to becoming the best place to work for women, the luxury group announced its support to the National Literacy Trust and The Prince’s Trust women supporting initiatives
Fashion brands halt sales in Russia
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
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)-
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