Burberry Abandons Leeds Factory Plans, Shifts Focus to Existing Sites
Burberry has decided to abandon its plan for a major factory in Leeds and sell the land instead, after...
Burberry
Burberry Reports Marginal Sales Increase Amidst Transformation Efforts
Luxury brand Burberry reports a 1% increase in like-for-like sales during December, despite a 1% drop in total retail...
Burberry’s Profits Surge Amid Revenue Decline
Burberry reports a 36% increase in profits to £173 million for the 26-week period ending September 2018, despite a...
West End Retailers Seek £5bn Business Rate Reduction, Propose Online Sales Tax
In London's West End, retailers are calling for a £5 billion reduction in business rates, financed by a 1%...
Burberry Ends Destruction of Unsaleable Products and Phases Out Real Fur
Burberry announces an end to destroying unsaleable products, starting now. In 2017, they destroyed £28.6m worth of items. They'll...
Burberry’s Q1 Sales Growth Slows Down Amid Transition Period
Luxury brand Burberry reports a 3% increase in sales growth for Q1 2018, down from 4% last year, with...
Dr. Gerry Murphy Joins Burberry Board as Chairman Designate
In a major leadership change, Dr. Gerry Murphy is set to become the new chairman at Burberry as Sir...
Farfetch’s £4bn IPO on the Horizon
Luxury retailer Farfetch, which enables 900 boutiques and brands to sell designer products worldwide, hires JP Morgan and Goldman...
Burberry Welcomes Riccardo Tisci as New Chief Creative Officer
In a major shakeup, Riccardo Tisci has been named Burberry's new chief creative officer, taking over from Christopher Bailey...