Burberry

Burberry presents “Here We Are” [Hong Kong]

Written 5 hours ago <i>by</i> Angela Grossi<p>First presented at Old Sessions House in London this September, Burberry ‘Here We Are’ does its second stop in …

Hong Kong

A Closer Look at the Burberry Square Satchel

A Closer Look Burberry<p>0 Comments<p>share it tweet it pin it<p>One month later and we’re still obsessing over this stunning satchel<p>Last month, we took a …

Handbags

Burberry shares continue to drop over UBS downgrade and lack of Christopher Bailey successor

Burberry reported solid growth for the first half of the year yesterday, but its shares closed down almost 10 per cent at 1,787p.<p>Investors were …

Markets

Burberry to reinvent itself as a super luxury British brand

New boss announces plan to raise the premium and put the fashion label on par with the likes of Dior and Gucci after better than expected results<p>Burberry’s new chief executive, Marco Gobbetti, has revealed plans to take the British luxury brand more upmarket as part of a shake-up that comes with a …

Business

New Burberry CEO to entrench brand in luxury, shares dive on cost

LONDON (Reuters) - British luxury brand Burberry (BRBY.L) will shift further up-market with more high-end products, fast-changing fashion and refurbished stores, but its shares dived as investors focused on the cost of new Chief Executive Marco Gobbetti’s plan.<p>The company, which announced last week …

Belgian activist investor hikes Burberry stake as overhaul starts

PARIS (Reuters) - Belgian billionaire Albert Frere has raised his stake in Burberry (L:BRBY) from 4 to 6 percent, the British trench coat maker said …

Burberry Crushed on 'Firmly in Luxury' Strategy Reboot

Burberry plc (BURBY) wants to become even pricier, putting itself "firmly in luxury" focusing on leather goods and a high-end retail experience, it …

Investing

Burberry to move IT jobs to new Leeds hub

Burberry is to move around 100 IT staff to its new Leeds site at ​​6 Queen Street in the city centre following a consultation with employees and said …

Leeds

Burberry strategy update leaves market cold

British premium brand Burberry dropped close to 10 per cent in early trading after the group announced a strategy overhaul alongside its half year …

Markets

Burberry Unveils Grand Plan to Become a True Luxury Player

Following the resignation of long-time creative head Christopher Bailey and three years of profit declines, chief executive Marco Gobbetti has …

Fashion

Burberry shares tumble on strategy overhaul

LONDON: Burberry shares tumbled on Thursday (Nov 9), as investors were spooked by the expected costs of a strategy overhaul and a below-expectations …

Markets

Burberry: check your privilege

Cara Delevingne has been the long-term “face” of Burberry. The penchant of the model/actor/author for sticking her tongue out at the frumpy people …

London Fashion Week

Burberry's CEO wants to take it further upmarket — now the stock is diving

• <b>Burberry's new CEO announced plans to establish the brand "firmly in luxury."</b>• <b><br>Transformation of the brand will cost up to £160 million a year in capital expenditure and both profits and revenue are likely to be flat for the next few years.</b>• <b><br>Stock dived 10% on the news, recovering slightly to an 8.5%</b> …

Business

Market report: Burberry fall softened by activist investor upping stake

<b>Burberry</b>’s strategy shift-induced freefall on the FTSE 100 came to a sudden halt after revered Belgian activist investor Alfred Frère seized the opportunity to snap up the fashion house’s shares on the cheap following its two-day plunge.<p>Mr Frère jumped at the opportunity to up his stake from 4pc to …

Markets

Burberry plunges as new chief’s move into super luxury flops

Burberry was savaged by its biggest share plunge in five years on Thursday as new chief executive Marco Gobbetti’s move to take the company upmarket …

Burberry cutting out the riff-raff by closing outlets

Burberry shares slumped after the fashion brand revealed it is shutting outlets in department stores and locations it deems are not luxurious enough …

Personal Finance (UK)

Burberry plans to move further upmarket

<b>Luxury goods retailer Burberry, best known for its trench coats and distinctive check pattern, is to close some stores and withdraw from outlets that are not upmarket enough.</b><p>The new strategy was announced along with its half-year results, which showed like-for-like sales up 4% and a 24% rise in …

Business

Burberry profits rise as it prepares for designer's exit

LONDON – Luxury goods maker Burberry says it will place greater emphasis on the American market as it prepares for the departure of designer Christopher Bailey.<p>The announcement came as Burberry said net income rose to 93 million pounds ($122 million) in the six months ended Sept. 30 from 72 million …

Business

Burberry CEO says to take label up-market

UK luxury brand Burberry will shift further up-market by focusing on leather goods and fashion and cutting sales to non-luxury stores, initially in …

News (Ireland)

Burberry to go more up-market and shut stores in luxury push

Sponsored By<p>Burberry is to close stores in areas it feels are not luxurious enough as part of a drive to take its brand even further upmarket.<p><b>More</b> …

UK News

Appropriate for Burberry to open a new chapter of creativity: Pro

Luca Solca, sector head of luxury goods at Exane BNP Paribas, speaks about British fashion brand Burberry's change of strategy.

Creativity

Bunzl blip and retail weakness keep FTSE feeble

LONDON (Reuters) - British shares could not shake a downbeat mood on Friday and were set for their worst weekly drop in two months, as retail stocks …

Markets

FTSE 100 slides as Burberry shares fall out of fashion

<b>Shares in Burberry sank 10% after the fashion house announced plans to move further upmarket.</b><p>The company said it would close some stores in the US and Europe as part of its plans to "sharpen" the brand.<p>The news came as it reported a 26% rise in half-year profits to £128m with like-for-like sales up …

Markets

Burberry to shift further upmarket in bid to boost profit margins

Burberry, the maker of £1,400 trenchcoats and £500 bandanas, plans to move even further upmarket and establish itself “firmly in luxury”, as it seeks …

Profit

Burberry given a beating on luxury fashion strategy shift

Burberry shares were dealt their biggest beating for five years on Thursday after investors balked at a new strategy to elevate the brand to become a “firmly luxury fashion” business.<p>Marco Gobbetti, who officially became chief executive in July, told investors that Burberry would “sharpen” its …

Luxury Lifestyle

Burberry wants to compete with Louis Vuitton and Gucci. Investors aren't so sure

Burberry is hoping to reinvent itself as a super luxury brand. But investors aren't so sure.<p>Shares in the British fashion label dropped by as much as 12% on Thursday after the company said it planned to shift upmarket and offer more "compelling" leather goods.<p>Burberry, which is known for its trench …

Louis Vuitton

Inside Burberry’s new strategic plan: Higher prices, more product

With the novelty of Burberry’s experiments in digital innovation wearing off, the brand is embarking on a new strategic plan that prioritizes a …

Luxury Lifestyle

Luxury brand Burberry not luxury enough for new CEO

LONDON/PARIS (Reuters) - A $190 (£145) polo shirt might seem expensive to most shoppers, but for Burberry's new Chief Executive Marco Gobbetti it is …

Christian Dior

FTSE under pressure as Burberry revamps its strategy

LONDON (Reuters) - A drop in luxury group Burberry weighed on the UK's top share index on Thursday, which was stuck below a five-month high as …

Markets

How Christopher Bailey Reimagined Burberry's Iconic Trench Coat

This week, Christopher Bailey announced he's stepping down from his role as president and chief creative officer of Burberry after 17 years with the company. To celebrate his influential tenure, we take a look back at all the ways he reimagined the heritage brand's most iconic clothing item: the …

Trenchcoat