World Footwear

Burberry

Hundreds of jobs to be axed at Burberry

Jul 8, 2024 / United Kingdom
The UK-based luxury label plans to cut hundreds of jobs as part of a radical cost-cutting programme intended to bolster falling profits, the Telegraph reports

Burberry full year results hit by slowing luxury demand

May 22, 2024 / United Kingdom
The luxury group has reported a decline in both sales and profits amid a slowdown in demand for luxury goods, which particularly affected its performance in mainland China and the US

Luxury hit the brakes in 2023

Premium ContentApr 16, 2024 / World
Ahead of the 2024 first quarter results, here’s a look at the sales figures reported by the world’s major luxury players in 2023, which were in general affected by a slowdown in luxury demand

Burberry warns on profits as luxury demand slows

Jan 17, 2024 / United Kingdom
The British luxury group has once again cut its profit guidance for fiscal 2024, following a period of weak sales in December. It also warned of tough times ahead for the luxury sector as demand wanes

Slower demand for luxury impacts Burberry’s full year forecasts

Nov 22, 2023 / United Kingdom
Despite a revenue increase in the first half of its fiscal year, the UK-based luxury group is now less optimistic about its full year forecasts due to a gradual slowdown in luxury demand worldwide

The Burberry Foundation announces programme to support young Ukrainians

Oct 9, 2023 / United Kingdom
The foundation set up by the Burberry Group is partnering with the organization Save the Children to launch the Life Chances programme, which aims to support young people affected by the war in Ukraine

Burberry's flagship store on New Bond Street has reopened

Jul 26, 2023 / United Kingdom
The iconic global flagship store, located at 21-23 New Bond Street in London, has reopened to the public to reinforce Burberry's positioning as the modern British luxury brand

Burberry delivers a strong first quarter

Jul 17, 2023 / United Kingdom
The luxury group posted an 18% growth in comparable store sales in the first quarter of fiscal 2024, as compared to the same period of last year, driven by the ongoing recovery in Mainland China

Burberry expands its global youth empowerment programme

Jul 6, 2023 / United Kingdom
The UK-based luxury group has announced the expansion of its Burberry Inspire youth community programme. The aim is now to support 500 000 young people worldwide in the next three years

Burberry reports full year revenue growth

Jun 16, 2023 / United Kingdom
The UK-based luxury group has posted a 10% rise in revenue during fiscal 2023 from the prior year, underlining a rebound in performance in the Mainland China in the fourth quarter

Burberry appoints Alexandra McCauley as Chief People Officer

May 30, 2023 / United Kingdom
Joining from the luxury fashion brand Chanel, Alexandra McCauley will manage Burberry’s People strategy globally. She will join the company’s Executive Committee while reporting directly to Burberry CEO Jonathan Akeroyd

Gucci and Burberry join platform that aims to promote smart consumption

Apr 18, 2023 / United Kingdom
The two luxury brands have joined a new platform launched by the tech start-up Labell-D that aims to help consumers protect the value of their luxury products through validated pricing

Burberry names new CFO

Mar 20, 2023 / United States
The British label has announced that Kate Ferry, currently Chief Financial Officer of the McLaren Group, will join Burberry by early September 2023 to occupy the same role in the company

Burberry reports rise in sales despite weaker performance in China

Jan 20, 2023 / United Kingdom
The luxury group posted double-digit revenue growth in the third quarter of fiscal 23, excluding the impact of China, where COVID-19-related disruption continued to affect the business

Burberry announces the appointment of new senior executives

Jan 18, 2023 / United Kingdom
The UK-based label appointed Giorgio Belloli and Delphine Sonder to the newly created roles of Chief Digital, Customer and Innovation Officer and Chief Merchandising Officer, respectively
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