Burberry CEO to Head Apple Retail Expansion
London—Analysts on both sides of the Atlantic have been abuzz today following new that Angela Ahrendts, chief executive at Burberry, will be leaving the luxury brand to assume the newly created...
View ArticleBurberry Sets Record First Half Sales of $1 Billion
London—Burberry boasted today that its first half net profit rose 32.6% while its total sales exceeded 1 billion pounds (about $1.60 billion). For the six months ending Sept. 30, the British...
View ArticleBurberry Reports 19% Jump in Second Half Sales
London—Burberry became the first major luxury house today to appear to shrug off the slowing Chinese economy. The British luxurygoods company reported its total sales for the six month ending March 31...
View ArticleBurberry’s Sales Rise Bolstered by China
London—Heading into an annual meeting on Friday, Burberry reported today that its sales were strong especially out of Greater China. Net retail sales rose 9% to 370 million pounds (about $635 million)...
View ArticleInvestors Rebuke Burberry Over CEO’s Pay Package
London—At a general meeting of its shareholders today, Burberry investors fired what has been called “a warning shot.” About 53% of shareholders voted their displeasure with the nearly 23 million pound...
View ArticleBurberry’s First Half Sales Rise, But Warns About Second Half
London–Burberry Group Plc today blamed a deteriorating market for hurting will hurt profitability this year, the latest among luxury-goods companies to forecast difficulties as Chinese shoppers curb...
View ArticleBurberry Takes Advantage of Currency Changes as Sales Rise 9%
London—Thanks to pricing adjustments to counteract the effects of currency fluctuations and strong sales of its raincoats and ponchos, Burberry reported Wednesday that its second half sales rose...
View ArticleDespite Impact of Hong Kong, Burberry Q3 Sales Edge Up
London—Burberry Group reported today that its third quarter sales edged up 1% with flat comp sales as the British luxurygoods maker and other luxury brands continue to feel the impact of a slowing...
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