All Burberry articles – Page 2
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News
Kingfisher and Burberry unveil ‘ambitious’ new sustainability targets
Kingfisher and Burberry have lifted the lid on ambitious new carbon reduction targets in a bid to beef up their sustainability credentials.
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News
Burberry hails ‘strong’ full-year results despite sales and profits fall
Burberry has recorded a decline in its full-year sales and profits, but boss Marco Gobbetti hailed the luxury retailer’s resilience as full-price sales drove momentum.
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Retail Navigator Analysis
Burberry (Overview)
Burberry is an international luxury brand with a distinctive British heritage. The premium fashion retailer has over 400 stores worldwide which are currently undergoing a design overhaul to be completed by 2026.
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Retail Navigator Analysis
Burberry (Financials)
Burberry posted sales of £3.1bn in the 52 weeks ending 1 April 2023 (FY2022), with revenues up 9.5% on the previous year. Sales grew 5% year-on-year in constant currency terms.
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Retail Navigator Analysis
Burberry (SWOT)
As part of the revitalisation of the brand, the product range has been extended significantly, with the introduction of footwear, jewellery and home products, reinforcing the status of the label as a luxury lifestyle brand.
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Retail Navigator Analysis
Burberry (Strategy)
Chief executive Jonathan Akeroyd set out plans to make Burberry the luxury British brand with a mid-term revenue ambition of £4bn and a long-term goal, targeting operating margins of 20%.
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Analysis
China boycotts H&M: Will Western brands have to choose between ethics and profits?
Tensions between China and the West reached boiling point last week as several countries, including the UK, imposed sanctions over human rights abuses against Uighur Muslims and retail found itself caught in the crossfire.
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Analysis
From catwalk to high street: is genderless fashion the future?
Not only did London Fashion Week go digital this year, it went genderless – but what could that mean for fashion retail?
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News
Burberry becomes first non-essential retailer to return business rates relief
Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.
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Analysis
Worldview: How Chinese retail lit a fire under its Covid-19 recovery
In the first instalment of our new Worldview series gleaning insight and inspiration from global markets, Eliam Huang analyses how China is bouncing back from Covid-19.
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Analysis
How Dixons, Joules and Hotel Chocolat’s online prowess saved Christmas
Bricks-and-mortar retailers up and down the country had feared a Christmas washout as the UK veered in and out of lockdowns at the end of 2020.
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News
Burberry hails ‘good progress’ as online sales surge over Christmas
Burberry has posted a spike in online sales during the golden quarter as it hailed “good progress” on its transformation strategy.
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Gallery
In pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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Analysis
Watch: Who won the battle of the Christmas ads?
This year more than most, people have been looking forward to the beginning of Christmas ad season. We’ve had the return of Kevin the Carrot, John Lewis giving a little love and racist comments surrounding the Sainsbury’s ad. But which offerings have hit the mark?
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News
Burberry ‘encouraged’ by recovery despite sales slide
Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
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News
Burberry partners with Twitch to livestream fashion show
Burberry has partnered with streaming service Twitch to livestream its spring/summer 2021 fashion show.
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Gallery
Store gallery: Burberry and Tencent unveil social media-powered concept store
Burberry and Chinese technology giant Tencent have collaborated on a new concept store in China, which has been dubbed a ‘social retail’ experience.
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Opinion
‘Retailers must seize Covid opportunity to radically restructure’
The need to transform to keep pace with consumer demands and habits is a never-ending narrative in UK retail.
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News
Burberry cautions post-pandemic recovery will take ‘some time’
Luxury goods retailer Burberry anticipates a potentially lengthy period before business returns to normal.
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News
Burberry store sales decimated by coronavirus
Burberry has suffered an eye-watering slump in sales after admitting the negative impact on demand sparked by coronavirus has “intensified” over the past month.