Burberry news and archive

Watch: From hero gnomes to stylish goats, all the festive fashion films to know for 2024

It’s that time of the year, again. Brands and retailers across the globe have begun unveiling their always highly anticipated festive campaigns. This season, trends seem to revolve around flipping the script on the stress usually associated with the season; incorporating well-known (animated) figures into the storyline; and proposing new...

Fashion |In Pictures

Burberry expanding homeware offering for the festive season

British heritage brand Burberry is expanding its home and décor collection with a new line of soft accessories and home fragrances in time for the festive season. The collection has been developed under the creative vision of Daniel Lee and aims to capture the festive season with “warmth and joy” with wool cashmere cushions and blankets woven in...

Business|Opinion Featured

Burberry's future proof strategy should avoid a Moncler takeover, analysts say

As Burberry looks to reclaim its authority in outerwear and all-weather accessories, the British heritage brand must contend with another half year of dire results, which saw retail sales down as much as 20 percent. The future proof strategy under CEO Joshua Shulman is to amplify the brand's strengths, like its trench coats, outerwear, and of...

BusinessFeatured

Burberry posts sharp revenue decline, launches turnaround plan

Burberry’s first half revenue of 1,086 million pounds declined by 20 percent CER, and 22 percent reported. Retail comparable store sales declined by 20 percent in the first half and the second quarter. Wholesale sales for the period were down 29 percent CER and 30 percent reported. Today, Burberry announced 'Burberry Forward', a strategic plan...

Business

New sources suggest Moncler not in talks for Burberry takeover

A new report has suggested that Italian outerwear specialist Moncler is not in talks to take over British heritage brand Burberry. This is according to Reuters, which cited four sources close to the matter responding to prior media speculation. Rumours of the alleged acquisition talks began circulating earlier this month when industry blog Miss...

People

Burberry appoints chief product merchandising and planning officer

Burberry has appointed Paul Price as chief product merchandising and planning officer. The company said in a release that Price, who was Burberry’s chief merchandising officer from 2007 to 2017, returns to the British luxury company in an expanded role after serving as CEO of Topshop and Topman in London and then James Perse in Los Angeles as...

BusinessFeatured

Is Moncler taking over Burberry?

Burberry’s struggles in recent years have been no secret. Despite the appointment of a new creative director and chief executive officer, its financials have remained somewhat lacklustre, leaving it in a vulnerable position for a potential takeover. And rumours have begun to swirl that down jacket specialist Moncler could be none other than its...

RetailFeatured

Premium buyers are embracing vintage fashion

The secondary luxury market is experiencing unprecedented growth as vintage fashion emerges as a significant force in the premium retail sector, according to new data from buy-now-pay-later provider Clearpay. Analysis of transaction data reveals substantial year-on-year growth across key vintage categories, indicating a structural shift in...

BusinessFeatured

The price of reinvention: What’s at stake when brands change their creative directors?

What drives creative director changes? Is it a dip in sales, a shift in the board's vision, or pressure from investors? And more importantly, what are the financial consequences when a brand changes its creative director? Massimiliano Giornetti, director of Polimoda and former designer for luxury brands like Salvatore Ferragamo and Shanghai...

Fashion |In Pictures

Burberry recreates garments from Ernest Shackleton's polar expedition

British heritage brand Burberry has recreated the gabardine outerwear worn by Sir Ernest Shackleton and his crew during his 1914 polar expedition to support the National Geographic documentary ‘Endurance’. The documentary, directed by award-winning filmmakers Chai Vasarhelyi, Jimmy Chin and Natalie Hewit, premiered at the BFI London Film...

Fashion

Burberry launches a scarf made from lab-grown Brewed Protein fibre

British heritage fashion house Burberry has launched a scarf using innovative new material, Brewed Protein fibre, developed by Japanese biotech firm Spiber. In a statement, Burberry said it is the first luxury brand to release new products using Brewed Protein; a next-gen, lab-grown fibre produced through the fermentation of plant-based,...

Fashion Featured

London Fashion Week at 40: Balancing nostalgia and innovation in a changing industry

As London Fashion Week marks its 40th anniversary, it stands as both a beacon of innovation and a mirror reflecting the industry's evolution. The event's legacy, particularly its 1990s zenith, casts a long shadow over today's proceedings. In that era, the runways sizzled with the avant-garde visions of Alexander McQueen, the punk-infused...