Burberry Group plc
BFC Raises Further 500,000 Pounds to Aid Struggling Designers
The British Fashion Council is asking designers to submit grant applications for a second round of funding in…
A Most Violent Half: China Is Back, But Luxury’s Outlook Remains Grim
The double-digit sales declines reported this week were shocking, and unlike anything the industry has ever…
Burberry Sets Layoffs Despite Sales Rebound in Mainland China, Korea
Chief executive officer Marco Gobbetti assured shareholders that Burberry has a "robust" plan in place to…
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Burberry Q1 Sales Sink 48.4% in Q1 With Stores Shut and No Tourists
The company plans to slash costs at offices, stores outside the U.K., and said second half performance will…
COVID-19 to Dent Burberry Bonuses, Salaries This Year and Next
Burberry has been forced to rethink salaries, performance criteria and pensions, partly in response to the…
With International Travel on Hold and Recovery Uneven, Burberry Targets Locals
The brand believes local markets hold the key to growth as countries worldwide start to ease out of lockdown.
Burberry Sales, Profits Slide in Fiscal 2019-20, and Q1 Will Be Tough
Sales fell 3.2 percent in the year while operating profit was down 57 percent due to the COVID-19 crisis.
Burberry Swaps Trenchcoats for Hospital Gowns, Masks in COVID-19 Battle
The brand is also delivering surgical masks, non-surgical masks and gowns to medical staff and patients, and…
Amid ‘Intensifying’ Crisis, Burberry Sees Trading Fall 40-50%
Around 40 percent of Burberry's directly operated stores globally are now closed, with additional closures…
Coronavirus Taking Its Toll on London Brands, Large and Small
London-based brands large and small are waiting — and hoping — their Chinese factories reopen soon and that…
Morgan Stanley Foresees Potential 5% Dip in Burberry 2019-20 Earnings
The bank has parsed Burberry's comments about the impact of the coronavirus, and believes year-end earnings…
Burberry Says Year-end Results Will Be Impacted by Coronavirus
Burberry did not quantify the impact on year-end results and stopped short of issuing a full-blown sales and…
Burberry Defiant in Face of Hong Kong Slowdown, Macro Challenges
The company has raised its revenue guidance despite a severe decline in Hong Kong, and has added an extra 5…
More Tisci Products Nudge Burberry Retail Revenues Up 1% in Q3
Same-store sales were up 3 percent in the crucial quarter leading up to Christmas.
Wuhan Virus Spooks Global Stock Market, Luxury Shares
Jitters over the virus — which started in China, but has spread now to the U.S. — pushed fashion and luxury…