Advertise with fastmoving.co.za
 
 

BURBERRY NEWS ON FASTMOVING

Subscribe to burberry

Burberry to launch product drops on instagram

Burberry to launch product drops on instagram

02/11/2018 - 10:10
Burberry has revealed plans to launch limited monthly product drops over Instagram as it ramps up its fashion releases. read more
Burberry to stop using fur and burning unsold stock

Burberry to stop using fur and burning unsold stock

11/09/2018 - 16:16
Burberry is to stop burning millions of dollars' worth of excess stock, it announced recently. read more
Burberry to change logo for first time in two decades

Burberry to change logo for first time in two decades

07/08/2018 - 10:22
Burberry has changed its logo for the first time in 20 years, revealing the new look via an Instagram post.  read more
Burberry burns unsold stock worth 506m

Burberry burns unsold stock worth 506m

24/07/2018 - 08:35
Luxury British fashion house Burberry destroyed hundreds of millions of rands worth of its fashion and cosmetic products over the past year to protect its brand. read more
Burberry to enlist investor support for CEO's turnaround plan

Burberry to enlist investor support for CEO's turnaround plan

17/05/2018 - 10:45
Burberry chief executive officer Marco Gobbetti is seeking to enlist investor support for his turnaround plan with a £150m share buyback. read more
Burberry appoints new chairman

Burberry appoints new chairman

16/04/2018 - 14:56
More change at the top for Burberry as Gerry Murphy is appointed chairman designate.  read more
The creative face of Burberry steps down

The creative face of Burberry steps down

01/11/2017 - 15:36
Christopher Bailey, the man behind the creative process that turned UK luxury fashion retailer Burberry into a household name worldwide, will step down from his roles as President and Chief Creative Officer of the company on March 31, 2018. read more
Burberry profits drop 21% as Gobbetti prepares to take over

Burberry profits drop 21% as Gobbetti prepares to take over

18/05/2017 - 13:50
Wavering wholesale demand in the US has hit Burberry’s margins as the retailer posts a five per cent dip in reported pre-tax profits to £394.8 million. read more
Coach eyes takeover of Jimmy Choo

Coach eyes takeover of Jimmy Choo

02/05/2017 - 14:20
Luxury fashion retailer Coach is reportedly set to make a £1 billion bid to acquire Jimmy Choo. read more
Burberry to cut up to 20% of its product lines in battle for customers

Burberry to cut up to 20% of its product lines in battle for customers

10/11/2016 - 09:24
London — British luxury brand Burberry is cutting 15%-20% of its product lines, aiming to focus on its newest ranges as it battles to attract shoppers in a volatile luxury goods market. read more
Luxury’s turmoil sparks Coach-Burberry merger chatter

Luxury’s turmoil sparks Coach-Burberry merger chatter

28/10/2016 - 10:19
Although neither retailer has commented on the speculation and a Reuters report asserted the brands were not in active merger talks, the rumored $20 million Coach-Burberry merger does cast a shadow over the direction of the luxury vertical as revenue continues to dwindle. The personal luxury goods market is set to grow at 0.1%, its lowest annual rate since 2009, forcing brands to seek new options to recapture that lost revenue, cut operating costs, or both. read more
Burberry sees UK sales sparkle on Brexit-hit pound

Burberry sees UK sales sparkle on Brexit-hit pound

20/10/2016 - 10:56
LONDON - Luxury fashion giant Burberry, famed for its designer handbags and trenchcoats, said Tuesday that British sales have soared since the Brexit vote as tourists took advantage of the plunging pound. read more
Burberry crowned leader in sustainability

Burberry crowned leader in sustainability

09/09/2016 - 08:55
Burberry has been named the industry leader in sustainability by the 2016 Dow Jones Sustainability Index (DJSI).  read more
Burberry voted best multi-channel retailer

Burberry voted best multi-channel retailer

01/09/2016 - 12:12
A new report has rated Burberry as the top multi-channel retailer, due to the strength of its mobile commerce platform. read more
Burberry acquires remaining stake in its Chinese retail operations

Burberry acquires remaining stake in its Chinese retail operations

02/08/2016 - 15:32
Burberry, the retailer with more stores in China than any other luxury brand, said Monday it has acquired the remaining 15% economic interest in its Chinese retail business from Sparkle Roll Holdings Limited for £54 million, or about $73.1 billion U.S.  read more
Burberry retail revenues flat, same-store sales fall 3%

Burberry retail revenues flat, same-store sales fall 3%

15/07/2016 - 13:20
- Fashion house Burberry Group PLC on Wednesday reported fiscal first-quarter same-store sales declines of 3% (beating expectations of a 5% decline, but a significant dropoff compared to 6% growth in the same period last year) against an overall revenue rise of 4%. - Burberry posted underlying retail revenue of £423 million ($562.5 million), and cautioned that the outlook for wholesale revenue, particularly in the U.S., could fall 10% for the second half of the year. - The Brexit vote, which will have the U.K. depart the European Union and is already pushing down the value of the pound, is expected to benefit Burberry by making its goods more attractive to luxury consumers with dollars to spend. Burberry itself said Wednesday that it expects those benefits to continue into next year, with an adjusted retail and wholesale profit injection of £90 million, higher than its May estimate.  read more
Cache appoints Burberry exec as chief merchandise officer

Cache appoints Burberry exec as chief merchandise officer

03/04/2013 - 08:36
New York -- Cache announced that Daphne Pappas has joined the company as EVP, chief merchandise officer. For the past 10 years, she served as VP general merchandising manager for Burberry America’s where she led the company’s women’s business.  read more
Burberry Advances Most in Three Years as Sales Bring Relief

Burberry Advances Most in Three Years as Sales Bring Relief

12/10/2012 - 10:21
Burberry Group Plc, (BRBY) the U.K.’s largest luxury-goods maker, rose the most in three years in London trading after reporting a partial recovery in retail sales growth since September’s profit warning.  read more
Richemont shares drop nearly 5%

Richemont shares drop nearly 5%

12/09/2012 - 09:07
Johannesburg – Shares in luxury group Richemont [JSE:CFR] dropped nearly 5% in midmorning trade on the JSE on Tuesday in what traders attributed to profit-taking following the release of a profit warning by Burberry Group - another luxury group listed in London.  read more