World Footwear

Burberry

Burberry signs sustainability linked loan

Jan 18, 2022 / United Kingdom
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

Jan 4, 2022 / World
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

Nov 23, 2021 / United Kingdom
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

Sep 28, 2021 / United Kingdom
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

Aug 12, 2021 / United Kingdom
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

Jun 29, 2021 / United Kingdom
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

Mar 19, 2021 / United Kingdom
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%

Feb 12, 2021 / United Kingdom
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

Feb 4, 2021 / United Kingdom
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

Dec 7, 2020 / Italy
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

Nov 16, 2020 / United Kingdom
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

Jul 17, 2020 / United Kingdom
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

May 28, 2020 / United Kingdom
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

May 5, 2020 / United Kingdom
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

Burberry expects 30% drop in sales

Mar 27, 2020 / United Kingdom
The British-based luxury brand is already forecasting the hit from the impact of the Covid-19 pandemic. Burberry announced it is expecting a 30% decline in sales for the first quarter of 2020
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