Burberry
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
Burberry expects 30% drop in sales
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
Half-year growth for Burberry
The UK-based luxury brand has reported revenue of roughly 1.3 billion British pounds for the first half of the year, up by 5% compared to the same period a year ago
24 new companies join the Fashion Pact
Signatory companies of the Fashion Pact have met in Paris for a first working meeting and 24 more companies joined the group
Burberry confirms boost in sales
The London-based global luxury brand Burberry announced a 3% increase in sales in the first quarter of the financial year
Burberry's new strategic investment
The London-based global luxury brand Burberry announced it has entered into an agreement to acquire a luxury leather-goods business from longstanding Italian partner CF&P- 1
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