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Burberry Group plc

Marco Gobbetti to Step Down From Burberry, Join Ferragamo as CEO

Gobbetti is leaving Burberry after nearly five years, and will be joining Salvatore Ferragamo in a similar…

Burberry Issues Positive Revenue, Profit Warning Ahead of Yearend

The company said in an unscheduled update that revenue and adjusted operating profit will be ahead of market…

Retail Veteran Claudia Plant Becomes Hunter’s Chief Marketing Officer

Plant, a co-founder of Net-a-porter, recently held brand and consumer marketing roles at Burberry and…

Burberry Names Antoine Bernard de Saint-Affrique to Board

He will take up his role as non-executive director and member of Burberry's Audit and Nomination Committees…

Burberry’s Youthquake in U.S., China Fuels Pickup in Sales

Burberry has turned a corner, with comparable store sales returning to growth in October, a new, younger…

Burberry Revenue Falls 31% in H1, With Sales Trends Improving

The second quarter saw comparable store sales fall 6 percent, compared with 45 percent in the first quarter…

Chanel to Make Its Debut on the Public Markets With a Green Bond

The luxury giant has raised 600 million euros via a new bond that will be listed on the Luxembourg Stock…

Burberry to Raise Money for Sustainability Projects With Bond

Raising funds to finance sustainable projects and to hit green goals has been trending among the big luxury…

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…

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.