Burberry Group Plc
Apparel and textile industry company news
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Long touted as "the next big thing", wearable technology has until now been held back by concerns ranging from cost to style, comfort and privacy issues - and of course the limitations of the devices themselves. But the sector may finally be reaching the tipping point that moves it into the mainstream.
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.
Latest Interviews
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.
Latest News
Farfetch, a marketplace for luxury brands, has launched a new accelerator initiative to support technology start-ups, with Burberry onboard as the first partner organisation.
Shares in British luxury brand Burberry jumped 2.8% today (1 March) as the company named Riccardo Tisci as its new chief creative officer, taking up the position in less than two weeks’ time.
Burberry and Kering are among 160 leading companies leading the way when it comes to taking action on climate change, water and deforestation in 2017, according to a new analysis.
UK luxury fashion group Burberry has partnered with the Royal College of Art (RCA) on a new research group designed to develop more sustainable materials, transform consumer experience and advance manufacturing, in line with Burberry's new five-year responsibility agenda.
German sportswear giant Adidas and UK fashion brand Burberry have both been recognised as leaders for their sustainability practices, with Hugo Boss, Kering and Gildan Activewear also receiving recognition.
Leading international businesses – including apparel and textile companies – are ill-prepared for the risk that comes from sourcing products linked to deforestation, a major cause of climate change, a new report claims.
British trench coat maker Burberry has declined to comment on reports it has rejected multiple takeover offers from US luxury accessories business Coach Inc.
Burberry could be a good fit for Coach's international distribution ambitions, analysts say, if the rumour mills are to be believed that the two luxury brands are in talks over a potential merger.
The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found.
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.
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just-style has just launched an exciting offer for registered members: A full-year subscription with a saving of over one third on the usual price AND a free, 33-page report on how to develop a comprehensive sourcing strategy, by vendor, country and overseas representation.
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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