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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Dec- 2022 -9 DecemberPeople Moves
Gymshark appoints Laura Hagan as CPO
Gymshark, the fitness community and apparel brand, has revealed Laura Hagan is to join the firm in January 2023 as its new chief people officer (CPO). Hagan is the latest in a recent spate of senior appointments at Gymshark, following Mat Dunn joining from Asos as CFO, John Douglas joining…
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Nov- 2022 -17 NovemberClothing & Shoes
Burberry targets 50% increase in sales with new strategy
Burberry has revealed a new long-term strategy to drive revenue growth and acceleration, which will aim to see the group’s sales of leather goods, shoes and women’s ready-to-wear, as well as outerwear and accessories grow by 50%. According to the luxury fashion label, it plans to convert all of its…
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Oct- 2022 -20 OctoberHigh Street
Burberry raises staff pay six months early
Burberry has announced it has brought forward the implementation of new UK real Living Wage pay rates for its staff as defined by the Living Wage Foundation by more than six months. Burberry has implemented the increased rates from 1 October 2022, ahead of the deadline set by the Living…
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Sep- 2022 -28 SeptemberPeople Moves
Burberry creative officer to step down
Burberry has announced that Riccardo Tisci will be stepping down as chief creative officer and is set to leave the company at the end of the month, with Daniel Lee assuming the position. Tisci has decided to leave after almost five years at the group, during which time he spearheaded…
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28 SeptemberHigh Street
Gymshark poaches Asos CFO
Gymshark has announced that Mat Dunn is to join as its new chief financial officer (CFO), effective early 2023, who joins from his role as CFO at Asos. He will be replacing outgoing CFO Philip Daw, and is the latest in a recent spate of senior appointments at Gymshark, following…
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Aug- 2022 -8 AugustHigh Street
Burberry appoints new non-executive director
Burberry Group has announced that Alan Stewart has been appointed to the board as a non-executive director and member of the Audit and nomination committees, with effect from 1 September 2022. The company has also announced that Matthew Key will be retiring as a non-executive director following completion of nine…
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Jul- 2022 -15 JulyHigh Street
Burberry revenues hit by China lockdowns
Burberry has revealed its Q1 global comparable store sales increased just 1%, from £479m to £505m, after being impacted by lockdowns in mainland China. Excluding Mainland China, comparable store sales grew 16%, while EMEIA comparable store sales grew 47%. The brand reported double-digit comparable growth in leather goods and outerwear…
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Jun- 2022 -23 JuneHigh Street
Flannels opens doors to first Liverpool flagship
Flannels has opened the doors to its first store in Liverpool today (23 June), bringing its fashion beauty and wellness experience to the North of England and marking the biggest investment through any Flannels (and Frasers Group plc) store yet. Set across seven floors and 120,000 square feet, the flagship…
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May- 2022 -18 MayClothing & Shoes
Burberry lowers FY23 forecast despite record revenues
Burberry has lowered its FY23 forecast as it expects a currency tailwind of £159m on revenues and £92m on adjusted operating profit, despite hailing record revenues in FY22. The group announced revenues surged 21% year-on-year from £2.34bn to £2.82bn for the 53 weeks ending 2 April 2022, against a backdrop…
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Apr- 2022 -22 AprilLuxury Goods
Cheshire Oaks and Swindon designer outlets sold for £600m
LaSalle Investment Management, the global real estate investment manager, has acquired McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon for a total sum of £600m from Nuveen Real Estate. The investment was made through LaSalle’s growing Value-Add Investments business line. However, the assets will continue to be managed…
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