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Burberry, the iconic British luxury brand, surpassed its holiday season sales forecasts, with the most significant surge being noted in its Chinese market. 4th Quarter Financial Overview According to the latest fiscal report of the quarter ending December 27,…
Christopher Bailey is to depart from Burberry after 17 years as its creative head. In a statement issued overnight, Burberry said Bailey, 46, will remain in his dual roles of president and chief creative officer until March 31, when he will also resign from…
Luxury brand Burberry was hurt by lockdowns in its biggest market China and an abrupt reversal in fortunes in the Americas, limiting its first-quarter sales rise to 1 per cent. The British brand, known for its red, black and camel check and TB monogram, saw…
British luxury fashion house Burberry is the latest luxury brand to withdraw from Hong Kong’s famous shopping street Canton Road. The closure of the three-storey store came after Burberry shut its prominent Russell Street flagship last year, highlighting its…
British luxury brand Burberry has unveiled its new French flagship store on Rue Saint-Honore, designed by architect Vincenzo de Cotiis. Located in the heart of Paris, the flagship features the brand’s new global design concept and offers customers what…
Double-digit sales growth in China, South Korea, and the Americas underpinned a 37-per-cent lift in first-half sales for luxury fashion group Burberry to US$1.63 billion. The lift reflected a recovery in-store sales as Covid-related lockdowns and trading…
Change is afoot at Burberry. Since 2018, the British heritage brand’s Chief Creative Officer Riccardo Tisci has been reimagining the label with the goal of finessing its high-end luxury status. Working closely with CEO Marco Gobbetti, who recently announced…
Marco Gobbetti is to give up his role as CEO of Burberry after leading the brand and business for almost five years. According to a report, Gobbetti will return home to Italy to lead rival luxury goods group Ferragamo. Gobbetti will stay with Burberry until…
British designer Burberry is the first luxury brand to be targeted in China in a backlash against western sanctions imposed over alleged human rights abuses in the Xinjiang region, following on from retailers including H&M and Nike that were boycotted by…
The virtual and interactive experience will replicate the brand’s flapship Ginza store and will serve as a space to present its Spring/Summer 2021 collection. Customers will be able to purchase items from the collection by selecting the digital items in store…
Global luxury fashion brand Burberry saw comparable retail sales decline 9 percent during its third-quarter period, as tourist traffic slowed amid the continuing Covid-19 pandemic. However, full-price sales jumped due to a decline in markdowns, and the…
Luxury fashion house Burberry is launching Animal Kingdom popups globally to celebrate its signature bags and accessories. The pop-ups will feature large-scale sculptures of monkeys, gorillas, and birds of paradise inspired by “the power and symbolism of…
Luxury fashion label Burberry has teamed with technology giant Tencent to launch its first social retail store in Shenzhen, China. Located in the new Shenzhen Bay MixC development, the Burberry social store features a unique design with a variety of materials…
Fashion label Burberry is optimistic about a post-Covid-19 recovery as sales began to return to normal in Asia during the June quarter. While same-store sales were down by 45 percent across the three months, June’s decline was 20 percent and the brand…
Burberry is reorganizing its creative team as the luxury label welcomes back Adrian Ward-Rees to lead its ready-to-wear business. The British-based luxury retailer will set up three new business units – ready-to-wear, accessories, and shoes and says it plans…
Luxury fashion label Burberry was delivering growth in sales and profitability ahead of expectations last year – until Covid-19 stopped the momentum in its tracks. “Since then, the global health emergency has had a profound impact on the world, our industry…
