Burberry says being hit by slowdown in luxury spending Burberry will struggle to meet its annual revenue forecast of low double-digit growth after a global slowdown in luxury spending, the British company said today. Business • 16 Nov
Burberry reports 18% rise in Q1 comparable sales British luxury fashion brand Burberry has today reported an 18% rise in its first-quarter comparable store sales, in line with market expectations thank to continued … Business • 14 Jul
Mattel says 'BRBY' trademark invites confusion Mattel has asked the US Trademark Office to reject British fashion house Burberry's proposed "BRBY" trademark, arguing it is likely to sow confusion with Mattel's … Business • 29 Jun
Burberry's Q4 sales jump 16% as China rebounds British luxury fashion brand Burberry has today reported stronger-than-expected fourth quarter sales, boosted by a rebound in its largest market China following three years of … Business • 18 May
Tourist spend and China helps Burberry beat forecasts British luxury brand Burberry said quarterly comparable store sales rose 11%, a jump on its prior quarter and beating market forecasts, boosted by increased tourist … Business • 17 Nov 22
Burberry CFO plans to step down British luxury brand Burberry has said Chief Financial Officer Julie Brown was planning to step down in April to take up an opportunity outside the … Business • 23 Sep 22
Burberry pins its outlook to China's Covid recovery British luxury brand Burberry said its outlook for the year ahead depended on how quickly China, its biggest market, recovered from Covid-19 lockdowns, after meeting … Business • 18 May 22
Burberry lifts profit guidance as sales accelerate Luxury brand Burberry said its profit would beat market expectations as its full-price sales accelerated in the third quarter, driven by a strong performance in … Business • 19 Jan 22
Younger shoppers send Burberry sales surging British brand Burberry has said its like-for-like sales had risen above pre-pandemic levels, driven by new younger customers and strong growth in trench coats and … Business • 16 Jul 21
Burberry chief quits to take top job at Ferragamo Burberry boss Marco Gobbetti is leaving the British fashion brand after more than four years as CEO to take the helm at luxury goods group … Business • 28 Jun 21
Burberry's annual sales down 10% due to Covid hit UK luxury brand Burberry said today that its recovery from the Covid-19 crisis accelerated through the year, enabling it to reinstate a dividend payment. Business • 13 May 21
Burberry first luxury brand to suffer Chinese backlash Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game, becoming the first luxury brand assailed … Business • 26 Mar 21
Burberry upgrades guidance after strong sales rebound Luxury group Burberry said today it had seen a strong rebound in sales since December, which it expected to result in profit for the year … Business • 12 Mar 21
Burberry says Covid-19 shop closures hit sales British luxury brand Burberry said underlying sales fell 9% in the three months ended December as the Covid-19 pandemic closed shops and it warned of … Business • 20 Jan 21
Burberry's sales grow in October despite closed shops Burberry's sales returned to growth in October, indicating the British luxury brand was recovering from the impact of the Covid-19 pandemic, with comparable store sales … Business • 12 Nov 20
Burberry to cut 500 jobs as demand faces slow recovery Luxury brand Burberry said today it would cut about 500 jobs globally, as it forecast no quick recovery in demand, particularly from high-spending tourists. Business • 15 Jul 20
Burberry's sales fall 27% in fourth quarter Burberry said the luxury industry could take some time to recover from the Covid-19 pandemic as it reported a 27% drop in comparable sales in … Business • 22 May 20
Burberry to maintain employee pay through virus crisis British luxury brand Burberry will continue to pay its employees who are unable to fulfil their roles because of store or site closures during the … Business • 24 Apr 20
Burberry says sales plunge as much as 50% on virus hit Luxury brand Burberry warned that sales in the final weeks of March would plunge by around 70% to 80% compared to last year, as coronavirus … Business • 19 Mar 20
Burberry warns over virus impact on Chinese demand British fashion house Burberry has warned of a "material" negative impact from the coronavirus on demand for luxury goods in key market China, but gave … Business • 07 Feb 20
Burberry weathers Hong Kong drop on China sales Luxury fashion label Burberry has today upgraded its full-year sales forecast as demand for Riccardo Tisci's new collections in Europe and mainland China offset a … Business • 22 Jan 20
Burberry posts Q2 sales growth despite Hong Kong woes British luxury brand Burberry said the popularity of collections by designer Riccardo Tisci boosted sales in its second quarter. Business • 14 Nov 19
New designer's ranges help lift sales at Burberry UK luxury brand Burberry has reported a pick-up in first quarter sales after it began shifting more new designs by creative chief Riccardo Tisci into … Business • 16 Jul 19
Burberry profit steady as it waits for new ranges British luxury brand Burberry has reported broadly flat full-year revenue and profits and said it expected similar this year as it sets the foundations for … Business • 16 May 19
Burberry says would pay a high price for no-deal Brexit Britain's premier luxury brand Burberry said today that a no-deal Brexit would cost it tens of millions of pounds in tariffs. Business • 23 Jan 19
