Burberry Group Plc
With the value of the UK clothing market set to soar over the next five years, and consumers taking more of an interest in the origin and qu...
Long touted as "the next big thing", wearable technology has until now been held back by concerns ranging from cost to style, comfort and pr...
Intense competition, pricing pressure and currency headwinds are still denting UK retailer's expectations of an economic recovery, taking profit warnings to their highest first-half total for three years, new figures reveal.
It's one thing to invest in a product lifecycle management (PLM) system - but another altogether to get the most value out of the solution. Indeed, according to industry experts speaking in London last week, PLM projects should be driven from a business perspective if they are to deliver real gains in terms of revenue, margin improvement and inventory efficiency - with users on board from the beginning.
Retail behemoth Tesco this week revealed plans to open a chain of F&F clothing franchise stores in the US, marking the group's return to the States following the sale of its Fresh & Easy chain seven months ago. The announcement was shadowed somewhat by the group's second year of falling profits, published a day later. Nonetheless, industry observers believe the move appears to be a logical one, despite the failure of its food venture.
It's one thing for apparel brands and retailers to talk about sustainability and traceability across their supply chains, but another altogether to put it into practice. Indeed, new research reveals that despite the well-documented risk of sourcing forced-labour Uzbek cotton, many firms are still not taking enough steps to prevent its use in their products.
Trendy Australian fashion retailer Sportsgirl has spent the last five years working to establish a presence in all areas of its customers' lives. CEO Elle Roseby spoke to Petah Marian about how the 63-year-old brand has managed to remain relevant for its internet-savvy shoppers.
TAL Apparel, one of the world's leading garment suppliers, has turned the threat of inflation across the supply chain into an opportunity to do things differently. Here CEO Dr Harry Lee tells just-style how the Hong Kong based firm's long-time focus on efficiency, sustainable development, and added value is helping to combat rising costs and set it apart from the competition.
Retailer Marks & Spencer has been named as the highest performing FTSE 100 company for monitoring and reporting on modern slavery in its supply chain, with luxury brand Burberry scoring third, in a report that also highlights a deficit in action by many UK-listed firms.
Major apparel groups including Adidas, Gap Inc, Inditex, Gildan and Asics have been included in the Dow Jones Sustainability Indices (DJSI), putting the companies among the best-in-class sustainability performers globally.
UK luxury fashion group Burberry has acquired the outstanding stake from its Chinese distributor, placing more emphasis on the Asian market.
Incoming Burberry chief Marco Gobbetti looks set to inherit weak sales across all regions, say Verdict analysts, as the UK fashion group today (13 July) revealed a fall in first-quarter comparable sales.
Inditex, Hennes & Mauritz (H&M) and Benetton have been praised by environmental activist group Greenpeace for being on track to clean up their chains, while Victoria's Secret, Esprit and sports brands Nike and LiNing are lagging behind the field.
John Smith, the chief operating officer of UK fashion brand Burberry, has announced his intention to step down after seven years in the role.
Fashion brand Burberry has announced an ambitious three-year plan to drive revenue growth, improve productivity and deliver at least GBP100m (US$146.2m) of cost savings in the face of falling sales and profits.
Marks & Spencer CEO Marc Bolland, and Burberry CEO Christopher Bailey have joined a long list of apparel industry figures in voicing their opposition to Britain's exit from the European Union, which they believe will deter investment, threaten jobs and put the economy at risk.
Luxury UK fashion group Burberry has filed a trademark infringement lawsuit against JC Penney for selling outerwear featuring what it claims is an exact replica of its Burberry check pattern.
Fashion brand Burberry has revealed higher first-half earnings but warned of a “challenging” environment in key markets as group revenues remained unchanged on last year.
Fashion brand Burberry is backing its British heritage with plans to invest at least GBP50m (US$77.1m) in a manufacturing and weaving facility for production of its iconic trench coats in the UK.
China's slowdown has pushed Burberry to a “disappointing” first-half sales performance, with the luxury powerhouse now forecasting a fall in full-year profit – sending its share price down 12.6%.
Adidas Group, Kering, Burberry, H&M and Gildan Activewear have all been listed in this year’s Dow Jones Sustainability Indices - ranking them among the best-in-class sustainability performers in the world.
UK fashion business Burberry saw its share price fall this morning (15 July) as it revealed slowing same-store-sales amid weak revenues in Hong Kong and mainland China.
UK fashion business Burberry saw its shares fall this morning (20 May) as it revealed an expected GBP50m boost to profits in 2016 would be lower if exchange rates remain at current levels.
Fashion business Burberry has offered a cautious outlook for the year but delivered what it says was a “robust” performance in its second half.
Fashion business Burberry has remained silent on reports it has been approached by a US private equity firm over a potential takeover.
Third-quarter sales at fashion business Burberry were up 15% on an underlying basis to GBP604m (US$921.3m), despite disruption in the high-margin Hong Kong market.
Weighed down by currency exchange rates, British luxury brand Burberry has reported a double-digit drop in first-half net profit - which one analyst says is a "blip on its habitually consistent record of success".
High-end footwear and accessories brand Jimmy Choo could increase its store count by 50% over the next five years, fuelled by cash generated from the sell-off of shares, analysts believe.
Fashion business Burberry is in a strong position to capitalise on the Christmas rush, analysts believe, after the company this morning (14 October) reported a double-digit rise in first-half revenues.
Fashion business Burberry saw first-half revenues top GBP1.1bn, up 14% on an underlying basis, thanks to strong performances across all regions and continued digital growth.
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Burberry won two awards at this year's British Fashion Awards. The luxury brand was awarded designer brand of the year and menswear designer of the year.
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