Tag: Burberry

Burberry new CMO joins from Gucci, Americas president from OTB

Burberry’s seen some big changes of late with the appointment of its new CEO and now there’s more, with the luxury business on Tuesday introducing two key execs, one who’ll be based at its London HQ and one across the Atlantic. Jonathan Kiman The British company said it has appointed Jonathan Kiman as chief marketing [...]read moreBurberry new CMO joins from Gucci, Americas president from OTB

Burberry set to end 15-year stay in FTSE 100 after stock slump

By Bloomberg Published Aug 27, 2024 Burberry Group Plc is poised to exit the FTSE 100 Index, ending the luxury-goods maker’s 15-year stay in the UK blue-chip gauge. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight The stock will likely drop down to the midcap FTSE 250 Index at September’s quarterly [...]read moreBurberry set to end 15-year stay in FTSE 100 after stock slump

New Burberry chief faces tough choices on high-end ambitions

By Reuters Published Jul 20, 2024 Burberry‘s new boss Joshua Schulman faces an immediate strategy dilemma. On Monday, the former head of Coach was appointed to replace Jonathan Akeroyd, becoming the fourth CEO of the 2.6 billion pounds ($3.36 billion) British fashion house in 10 years. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight [...]read moreNew Burberry chief faces tough choices on high-end ambitions

Burberry preparing to cut hundreds of jobs, Telegraph reports

By Bloomberg Published Jul 8, 2024 British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp drop in its stock market value, the Telegraph reported. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight Employees were informed during a Zoom meeting in [...]read moreBurberry preparing to cut hundreds of jobs, Telegraph reports

Burberry results disappoint as APAC and Americas struggle, RTW underperforms

Hopes weren’t exactly high ahead of Burberry’s full-year results announcement on Wednesday and predictions of a disappointing recent performance in China came true. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics There were few upbeat notes in a tough-to-read release for the 52 weeks to the end of March and [...]read moreBurberry results disappoint as APAC and Americas struggle, RTW underperforms

Burberry set for worst report this year as brand revival falters

By Bloomberg Published May 14, 2024 Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight The British fashion house will likely reveal that its fiscal fourth quarter [...]read moreBurberry set for worst report this year as brand revival falters

Burberry, Barbour, Gieves & Hawkes retain Royal Warrants

The names of the companies operating in Britain that have retained their Royal Warrants following the change of monarch in Britain have finally been published with Burberry, Barbour and Gieves & Hawkes staying on the list of the select group that have the royal seal of approval. Gieves & Hawkes The death of Queen Elizabeth [...]read moreBurberry, Barbour, Gieves & Hawkes retain Royal Warrants

Burberry signs up Korea’s Son Suk-ku as ambassador

Brand ambassadors are a key part of the Burberry marketing plan and the British luxury giant has just named another key celeb to its roster. Son Suk-ku – Burberry Son Suk-ku becomes its latest brand ambassador with the South Korean actor being known for a career in TV and film where he’s played various roles [...]read moreBurberry signs up Korea’s Son Suk-ku as ambassador

why is Burberry a possible takeover target?

Burberry’s falling share price puts it in the sights of deep-pocketed groups seeking likely takeover targets, an analyst said this week. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight Although the company’s shares closed slightly higher on Thursday, they’re down over 18% this year and almost 56% in the past 12 [...]read morewhy is Burberry a possible takeover target?

Battered luxury stocks face fresh setback Ffom Burberry warning

By Bloomberg Published Jan 13, 2024 Luxury stocks are off to a rough start this year, adding to their 2023 drop, with Burberry Group Plc’s surprise profit warning crushing hopes for a near-term rebound. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics Burberry shares slumped as much as 15% on [...]read moreBattered luxury stocks face fresh setback Ffom Burberry warning