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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Jul- 2021 -22 JulyClothing & Shoes
Burberry opens flagship store in London
Burberry has announced the opening of its first flagship store which features the brand’s new global design concept, situated in Sloane Street, London. The store opening mirrors that of founder Thomas Burberry, who opened his first London store in the SW1 area 130 years ago, it still remains the home…
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16 JulyClothing & Shoes
Burberry sales rebound in Q1
Burberry has welcomed a “strong” rebound in trading during its first quarter, as revenue soared by 86% to £479m in the period ended 26 June, 2021. Comparable store sales rocketed 90% against last year and by 1% against 2019, as sales across the business returned to pre-pandemic levels. Within these…
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15 JulyPeople Moves
Burberry non-exec director Dame Carolyn McCall resigns
Burberry has announced that Dame Carolyn McCall is set to retire as a non-executive director at the company. McCall will step down from her role on the board following the close of the financial year on 2 April 2022. Currently the chief executive at ITV, McCall, has also served a…
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Jun- 2021 -28 JuneClothing & Shoes
Burberry CEO to step down
Burberry has announced that Marco Gobbetti will step down as CEO and leave the company after nearly five years at the helm. The board will now begin the search for his successor and anticipate that Gobbetti will remain with the retailer until the end of the calendar year. In that…
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May- 2021 -13 MayClothing & Shoes
Burberry FY21 revenues decline 10%
Burberry saw its revenue for the 12 months to 27 March 2021 decline 10% year-on-year at CER to £2.34bn. The fashion house’s adjusted operating profit represented a similar fall, dropping 8% from £433m in FY20 to £396m in FY21. The group’s revenues suffered during the first half of the period,…
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Mar- 2021 -12 MarchLuxury Goods
Burberry upgrades Q4 guidance
Burberry has announced that ahead of its trading update, the group anticipates its fourth quarter results to be “better than expected” with an adjusted operating margin to be in the range of 15.5% to 16.5%. The retailer has estimated that its comparable store retail sales in Q4 FY2021 will range…
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Feb- 2021 -22 FebruaryAdvice
Retail needs to adapt to the new necessities
“Who are these people buying heels?!” one of my team members asked in wonder today, when discussing how spending habits have changed so dramatically in the last 12 months. She couldn’t imagine why anyone would be buying anything other than more sweatpants and slippers. I didn’t tell her about the…
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17 FebruaryPeople Moves
Knomo appoints UK country manager
London-based accessories retailer, Knomo has appointed Oliver Strickland as country manager for the UK. In his new role, Strickland will oversee the brand’s positioning and wholesale accounts in tandem with Dan Shaw, managing director at the company. Formerly country manager at Pepe Jeans Group, Strickland has also undertaken leadership roles…
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15 FebruaryClothing & Shoes
Burberry to repay £6m in business rates relief
Burberry has voluntarily agreed to repay around £6m in business support to the Treasury, following the business rates holiday designed to help businesses navigate through the impact of the pandemic. According to the Sunday Times, the retailer has also repaid a £300m loan from the Bank of England, in a…
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Jan- 2021 -27 JanuaryHealth & Beauty
Estée Lauder Companies supply chain VP to step down
The Estée Lauder Companies (ELC) has announced that after nearly 13 years with the company, Gregory F. Polcer, executive VP, global supply chain, has made the decision to retire, effective from 1 July , 2021. Roberto Canevari will succeed his predecessor and will assume the role with effect 1 May,…
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