Burberry Group Plc

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China slowdown weighs on Burberry H1 sales Katie Smith | 15 Oct 15

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, Kering and H&M lead on sustainability Leonie Barrie | 18 Sep 15

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.


Burberry shares fall on sales slowdown Michelle Russell | 15 Jul 15

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.


Burberry shares slide on outlook uncertainty Michelle Russell | 20 May 15

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.


Burberry cautious but delivers “robust” H2 Michelle Russell | 15 Apr 15

Fashion business Burberry has offered a cautious outlook for the year but delivered what it says was a “robust” performance in its second half.


Burberry tight-lipped on takeover reports Michelle Russell | 10 Apr 15

Fashion business Burberry has remained silent on reports it has been approached by a US private equity firm over a potential takeover.


Outlook 2015: What's happening at retail? Leonie Barrie | 15 Jan 15

What key strengths and strategies are helping retailers to take the lead? Building fully integrated and flexible supply chains, with an end-to-end focus on ethics and responsibility will help to separate the winners from the losers in 2015.


Burberry Q3 sales rise despite Hong Kong disruption Richard Woodard | 14 Jan 15

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.


Currency weighs on Burberry H1 profit Katie Smith | 12 Nov 14

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".


Jimmy Choo IPO could boost store count by 50% Michelle Russell | 17 Oct 14

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.


Burberry in strong position for festive rush Michelle Russell | 14 Oct 14

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.


Burberry posts double-digit H1 revenue rise Richard Woodard | 14 Oct 14

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.


Smart garments and wearable technology set for growth Leonie Barrie | 24 Sep 14

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.


ITALY: Textile firms reaffirm chemical removal commitments Michelle Russell | 22 Sep 14

Six of Italy's largest textile suppliers have reaffirmed their commitment to eliminating hazardous chemicals from their supply chains, highlighting the work they have completed to date.


SPAIN: Fashion brands defend stance on fur farms Michelle Russell | 18 Sep 14

Following the launch of an online campaign aimed at raising awareness of animal cruelty in Spain's fur industry, a number of fashion brands have moved to defend their position.


ANALYSIS: UK retail profit warnings hit new high Michelle Russell | 29 Jul 14

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.


TECHNOLOGY: Change management key to PLM project success Leonie Barrie | 23 Jul 14

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.


UK: Burberry warns of FY currency headwinds hit Katie Smith | 11 Jul 14

British luxury brand Burberry has warned that exchange rates could weigh on full-year profit, despite booking a double-digit increase in first-quarter retail sales.


UK: Burberry appoints Heaf to head up e-commerce Michelle Russell | 3 Jul 14

Fashion business Burberry has appointed former BBC executive, Daniel Heaf, to the new position of senior vice president of digital commerce.


CHINA: Clothing retail to soar as export growth falters Textiles Intelligence | 9 Jun 14

China's retail market looks set to soar over the next few years as the government acts to encourage domestic growth to offset a possible slowdown in clothing exports.


WORLD: Clothing firms agree limits for textile chemicals Leonie Barrie | 6 Jun 14

The group working towards the zero discharge of hazardous chemicals in the apparel and footwear supply chain has reached a significant milestone by releasing its long-awaited Manufacturing Restricted Substance List (MRSL).


UK: Event to focus on product innovation in apparel Leonie Barrie | 27 May 14

Experts from leading fashion and apparel brands including Gucci, Adidas, Burberry and Tommy Hilfiger are taking part in a two-day event in London that will look at the opportunities offered by modern technology in helping to improve and streamline the apparel product development process.


UK: Burberry delivers record FY sales and profit Richard Woodard | 21 May 14

Fashion business Burberry posted an 8% rise in underlying full-year profits, boosted by a double-digit revenue surge and a 19% hike in retail/wholesale revenue.


UK: Bailey takes helm at Burberry as Ahrendts exits Katie Smith | 1 May 14

Christopher Bailey has formerly started his new role as CEO of Burberry, six months after Angela Ahrendts said she would step down to take up a new role with Apple.


Analysis: Tesco takes second stab at US market with F&F Michelle Russell | 17 Apr 14

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.


UK: Burberry re-emphasises China growth opportunities Katie Smith | 16 Apr 14

British luxury brand Burberry has re-emphasised the growth opportunities it sees in China, after reporting a double-digit increase in second-half sales today (16 April).


TAIWAN: Freudenberg to increase transparency through sustainable coalition Michelle Russell | 15 Apr 14

Freudenberg Far Eastern Spunweb Company says it is committing to increased transparency and openness through its decision to join the Sustainable Apparel Coalition.


EXCLUSIVE: Jaeger sets up team to develop UK supply base Katie Smith | 18 Mar 14

Signs that the 'Made in the UK' movement is gaining momentum came today (18 March) with the news that upscale fashion brand Jaeger has created a dedicated team to ramp up its domestic sourcing.


UK: Burberry files trademark lawsuit against South Korea's SBW Michelle Russell | 14 Mar 14

Luxury business Burberry has filed a trademark infringement lawsuit against South Korean underwear manufacturer SBW.


Sourcing: More action needed to trace raw materials Leonie Barrie | 3 Mar 14

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.

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