Burberry
This coverage examines Burberry’s strategy and performance within the UK retail and global luxury market, focusing on store operations, product launches, marketing campaigns, leadership changes, and sustainability initiatives. Reporting highlights how Burberry navigates brand heritage, innovation, and competitive dynamics — offering insight for executives, managers, and professionals in luxury, fashion, and brand management.
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Aug- 2025 -7 AugustEconomy
Luxury loses momentum as midmarket braces for impact, Colliers finds
Luxury and midmarket retailers across EMEA are recalibrating strategies in response to a cooling post-pandemic retail environment, according to a report from Colliers. Colliers found that after years of price-led growth, luxury retail is showing signs of fatigue. Brands such as Kering and Chanel reported revenue declines in 2024, while…
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5 AugustShopping Centres
British shoppers drive surge in EU VAT-free spending after UK scheme scrapped
British spending on VAT-free shopping in the European Union (EU) has risen more than fivefold since 2021, as consumers increasingly choose to buy luxury goods abroad rather than in UK stores, according to the Times. New figures from the Association of International Retail (AIR) show that Britons spent £742m in…
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Jul- 2025 -21 JulyLuxury Goods
Burberry CEO calls for VAT-free shopping return
Burberry CEO Joshua Schulman has called on the government to reinstate VAT-free shopping for international visitors claiming it will help Britain become Europe’s top shopping destination once again. Schulman told The Times that international consumers were “still not shopping in the UK to the extent that we would like” as…
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18 JulyLuxury Goods
Burberry sales decline slows as turnaround plan takes effect
Burberry has revealed that its revenue fell 6% to £433m in the 13 weeks ended 28 June, as the brand stated it was seeing “early progress” on its turnaround plan. Alongside this, the company saw its comparable store sales fall 1% compared with a 21% decline last year. The slowing…
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Jun- 2025 -2 JuneClothing & Shoes
Burberry pays CEO £2.6m amid turnaround and widespread job cuts
Burberry has revealed that it has paid new CEO Joshua Schulman almost £2.6m in his first nine months in charge despite widespread job cuts at the company. In recent months Burberry announced plans to cut 1,700 jobs worldwide by 2027, including removing the entire night shift of 170 people at…
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May- 2025 -14 MayNews-In-Brief
Today’s news in brief-14/5/25
Luxury fashion brand Burberry has announced plans to cut up to 1,700 jobs globally following a challenging financial year. The company reported a £3m loss, a sharp decline from last year’s £418m profit, with revenues falling 17% to £2.46bn amid a “difficult macroeconomic backdrop.” The restructuring, part of the ‘Burberry…
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14 MayLuxury Goods
Burberry to axe 1,700 roles amid full-year losses
Burberry has warned it could cut up to 1,700 roles globally as part of a new cost-cutting drive, after the group fell to a £3m loss in its full-year results, down from a profit of £418m the prior year. In the year ended 29 March 2025, revenues plummeted 17% to…
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Apr- 2025 -30 AprilLuxury Goods
Burberry kickstarts search for new chair
Burberry has kicked off the official search for a new chairman to replace Gerry Murphy, Sky News has revealed. According to insiders, Murphy, who also chairs Tesco, is not expected to step down this year but exact timings have not been decided yet. The news comes as last summer Sky…
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23 AprilFeatures
How the US tariffs could redefine the future of UK retail
The UK retail industry is bracing for disruption as the US prepares to enforce a sweeping set of tariff increases, marking what experts are calling the most consequential shift in global trade policy in over a century. With economic, operational and consumer-facing impacts already being felt, British retailers must now…
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Feb- 2025 -26 FebruaryHigh Street
M&S and John Lewis top list for highest female board representation
M&S and John Lewis are among several retailers who are leading the way for gender equality in boardrooms. According to the FTSE Women Leaders Review report for 2025, women now occupy nearly 43% – or a total of 1,275 – of roles on company boards in the UK. A number…
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