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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Feb- 2025 -3 FebruaryPeople Moves
Burberry appoints new chief information officer
Luxury fashion retailer Burberry has announced the appointment of Charlotte Baldwin as its new chief information officer, who is due to join at the end of March. Baldwin, who will be responsible for leading Burberry’s global technology team, will also join the executive committee and will report to group chief…
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Jan- 2025 -24 JanuaryNews-In-Brief
Today’s news in brief-24/1/25
Morrisons has announced plans to cut over 200 jobs as part of a restructuring effort aimed at reducing costs and enhancing operational efficiency. The proposed changes include the removal of regional people managers, store people managers, and case specialists. The company intends to replace these roles with a centralised structure,…
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24 JanuaryClothing & Shoes
Burberry revenues slide 7% in Q3
Burberry has seen its revenues drop by 7% year-on-year to £659m for the 13 weeks ended 28 December 2024. The group’s comparable store sales were also down 4% in the period. Regionally, EMEIA and Asia Pacific saw a 2% and 9% decline respectively. EMEIA’s sales were impacted by a decline…
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Dec- 2024 -19 DecemberNews-In-Brief
Today’s news in brief-19/12/24
Amazon is preparing to settle a significant group claim from delivery drivers over working conditions, potentially costing £140m. The case, brought by Leigh Day solicitors in 2021, argued that more than 3,000 drivers, classified as self-employed, were entitled to compensation of about £10,500 annually for unpaid earnings. Drivers claimed Amazon…
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19 DecemberNews
Burberry appoints Moncler exec as new board member
Burberry Group has announced the appointment of Stella King to the board as an independent non-executive director and member of the nomination committee, with effect from 1 April 2025. King is currently at Moncler which she joined thirteen years ago in 2011 as president, Asia Pacific. In 2022 she moved…
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Nov- 2024 -14 NovemberNews-In-Brief
Today’s news in brief-14/11/24
The Range and Wilko owner, CDS Superstores, has acquired 70 Homebase stores after the DIY retailer entered administration. This move, intended to save about 1,600 jobs, will allow Homebase stores to continue operating under CDS while administrators from Teneo Financial Advisory manage the transition. Homebase’s decline, attributed to low consumer…
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14 NovemberLuxury Goods
Burberry unveils turnaround plan as profits plummet
Burberry has unveiled a turnaround plan after it posted an adjusted operating loss of £41m for the six months ended 28 September. This is a large fall from the £223m profit it posted in the same period last year and comes alongside a revenue drop of 20%. Furthermore, comparable store…
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8 NovemberPeople Moves
Burberry names former Topshop CEO as new product boss
Burberry has announced the appointment of the former CEO of Topshop and Topman in London, Paul Price, in an expanded role as chief product merchandising and planning officer. Price is due to assume his new role on 9 December and has plans to relocate to London in January 2025. He…
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Sep- 2024 -16 SeptemberClothing & Shoes
British Fashion Council partners with JD.com
The British Fashion Council (BFC) has announced a new partnership between the BFC/Vogue Designer Fashion Fund and JD.com Inc., China’s largest retailer with 258.3m customers. With China being the world’s second largest consumer and luxury market and an increased interest from Chinese consumers for British designers, the partnership will allow…
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10 SeptemberNews
Today’s news in brief-10/9/24
Burberry has faced a significant downturn, with its market value plummeting to £2bn, its lowest since 2009. Barclays downgraded Burberry, citing poor performance relative to other luxury retailers and doubts about its ability to maintain premium status due to pricing and strategic issues. CEO Jonathan Akeroyd was replaced by Joshua…
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