Burberry news and archive

Burberry sales hit by low demand for luxury

Given the slow demand for luxury, Burberry believes it is unlikely to achieve previously stated revenue guidance of low double-digit growth for FY24. The company expects adjusted operating profit would be towards the lower end of the current consensus range of 552 million pounds to 668 million pounds. Burberry’s second quarter comparable store...

Fashion Featured

New reading material: Fashion books for the 2023 wish list

Every year a slew of great fashion books come out. Whether it be biographies, a deep dive into an aspect of the industry or an overview of a fashion house - there is plenty to choose from. In case your wish list for the holidays is still very empty, or you are simply looking for a book to give to yourself as a gift, FashionUnited has collected...

Fashion |In Pictures

Burberry highlights British craftsmanship with Tricker’s collection

Heritage brand Burberry is spotlighting British craftsmanship in footwear with a collaboration with English shoemaker Tricker’s for autumn/winter 2023. The collaboration, which debut as part of Burberry’s autumn/winter 2023 collection, features a range of brogues, Chelsea boots and Derby shoes designed by Daniel Lee, chief creative officer of...

Fashion Featured

Burberry launches resale with Vestiaire Collective

British heritage brand Burberry is teaming up with global resale platform Vestiaire Collective to offer customers in the UK and the US a new way to trade in their pre-loved Burberry pieces. In a statement, Burberry said that customers will be able to trade in their pre-loved Burberry women’s outerwear and handbags on the Burberry x Vestiaire...

Report

Burberry completes acquisition of Italian supplier, Pattern

British heritage brand Burberry has announced the completion of its acquisition of Italian supplier, Pattern, a move it made in order to boost its value chain in the outwear category. News of Burberry’s acquisition of Pattern broke in March this year, when it was understood that the fashion house was to fork out around 21 million euros on the...

Video

Video: Burberry SS24

In this video you can see Burberry’s SS24 collection presented at London Fashion Week. FF Channel via Youtube Promotion Read more about Burberry on their brandpage

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Making fashion week work: London brings wearable style to the forefront

We often speak of the value that fashion weeks bring to a city – their economic impact, the buzz, the cultural exchange and community engagement. However, the cost for independent brands can sometimes be overwhelmingly high, rendering these events less worthy of investment. London Fashion Week witnessed undeniable gaps this season, from the...

Fashion |In Pictures Featured

Burberry's Daniel Lee making his own rules at London fashion week

British designer Daniel Lee presented his second collection for Burberry at a star-studded show in London on Monday, unveiling summer versions of the famous trench coat and a range of new accessories. Burberry, the iconic British brand founded in 1856, was, as usual, the most eagerly awaited show at London Fashion Week. Burberry SS24, London...

Fashion

Burberry launches city takeover series in London

British heritage brand Burberry is launching a series of city takeovers, kicking off in London, which “celebrate the art of discovery and exploration in cities worldwide”. Entitled ‘Burberry Streets,’ the initiative will offer experiences, installations and events across the chosen cities, starting with London this month before heading to Seoul,...

Fashion

Item of the week: the oversized hoodie

What it is: When the standard hoodie just won’t cut it, an oversized iteration takes comfort and warmth to another level. Oversized fits have become more popular than ever in recent years, as the casualisation of fashion continues to take the reins in design. It has even seen haute couture designers take such cues on board, many displaying a new...

Report

Burberry appoints Alessandra Cozzani as a non-executive director

Burberry Group plc has announced the appointment of Alessandra Cozzani as a non-executive director and member of the audit and nomination committees, with effect from September 1, 2023. Commenting on Cozzani’s appointment to the board, Gerry Murphy, Burberry chair, said: "Alessandra is a highly experienced chief financial officer with deep...

ManagementFeatured

Burberry’s Q1 comparable sales up 18 percent, maintains outlook

Burberry’s first quarter comparable store sales increased 18 percent, while retail revenue increased 17 percent reported and 19 percent at currency FX to 589 million pounds. Burberry witnessed strong recovery in Mainland China with 46 percent sales growth. Group revenues excluding Mainland China rose 11 percent; EMEIA, 17 percent, South Asia...