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Daniel Lee’s High-Stakes Burberry Debut, Explained. The former Bottega Veneta designer’s first collection is London Fashion Week’s hottest ticket. Ahead of the show, BoF breaks down .22 November 2023. BoF PROFESSIONAL. Key insights. On Thursday, new .
Some point to executional errors, but Burberry may need to rethink its strategy .The end goal is to elevate Burberry from an "accessible" label into a true luxury . BoF PROFESSIONAL. Burberry ’s revenues were flat excluding currency shifts in the twelve months through March 30, the British luxury brand said Wednesday. Sales dropped .22 November 2023. BoF PROFESSIONAL. Key insights. On Thursday, new Burberry CEO Jonathan Akeroyd laid out his much-anticipated strategy for the brand’s next chapter. Akeroyd aims to reignite sales growth and turn the .
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Burberry shares fell 10 percent in London trading on Thursday as the impact on short-term profitability from the new strategy concerned investors. "We did anticipate this . In October, BoF reported that LVMH is interviewing designers to replace Philo and rebuild the design team in preparation for her eventual departure from the French fashion . Inside Burberry’s Growth Strategy. In an interview with BoF the day of his first major speech to investors, Burberry’s new CEO Jonathan Akeroyd outlined his plan for growing the British house into a £5 billion megabrand . BoF Insights | Why Burberry Is Putting Statement Shoes in the Spotlight. Daniel Lee’s debut show underscored the luxury industry’s focus on designer shoes to drive growth, with a big nod to the hybrid glam-comfort . In late October, the Bernstein analyst Luca Solca published a research note with the subject line “Burberry: back to basics.” He made the case that the struggling British brand’s new chief executive, ex-Coach head Josh Schulman, would have a relatively quick and straightforward path to recovery by doubling down on trench coats, check patterns and other touchstones .
LONDON, United Kingdom — Burberry has a new graphic identity.. The British megabrand's chief creative officer Riccardo Tisci took to his personal Instagram Stories to unveil a new logo — stark capital letters saying "Burberry London England," replacing the previously softer, rounder font — and monogram — the founder Thomas Burberry's initials "TB" . Burberry Shares Jump on Report of Moncler Takeover Bid. Burberry’s stock jumped more than 7 percent after speculation emerged that Italian competitor Moncler could be exploring a potential acquisition of the British luxury brand. Disclosure: LVMH is part of a group of investors who, together, hold a minority interest in The Business of Fashion.
LONDON — There was a time when nostalgia was a sketchy word, shorthand for the sentimentality whose flipside was memorably nailed by legendary art critic Robert Hughes as viciousness, vivid in the racism, sexism and homophobia which often underpin a yearning for “the good old days.” But nostalgia had a reboot during London Fashion Week’s 40th anniversary, . In a BoF Exclusive, Imran Amed sits down with Burberry chief executive Angela Ahrendts to discuss the company's connected culture as the company launches its first fragrance since taking its beauty business in house earlier this year. . BoF: Burberry is a 157-year-old British brand with a heritage in trenchcoats. But today, the company is .1,954 jobs to view and apply for now with BoF Careers LONDON, United Kingdom — This week, we are pleased to introduce Burberry as a new partner on BoF Careers.. Founded in 1856, the UK's biggest luxury brand is in the second year of a 5-year turnaround plan to revive performance and reposition itself as a true luxury player on the back of Riccardo Tisci's aesthetic. Since Tisci joined the brand in 2018 a steady stream .
Burberry lowered its full-year guidance amid a global slowdown in luxury spending, the company said Thursday. (Burberry) Burberry shares fell 10 percent. Revenue grew 1 percent on a comparable basis in the 12 weeks through September, but the company will be unable to meet its full-year outlook if softer demand in the global luxury market continues. Hello BoF Professionals, your exclusive weekly briefing is ready, with members-only analysis and a digest of the week’s top news. Don't forget to download the BoF Professional iPhone app.. This week, Burberry announced that long-serving creative director and one-time chief executive Christopher Bailey is leaving the British megabrand after 17 years at the .
BoF breaks down what the shake-up means for Britain’s biggest fashion brand, and the luxury industry at large. How badly is Burberry’s business doing? Under its last two CEOs — Marco Gobbetti, then Akeroyd — the brand made progress on its elevation strategy, reducing its exposure to underperforming malls and wholesalers, and redirecting .
This week, Burberry reported sales down 12 percent in its most recent quarter, while full-year revenues of £2.97 billion (.77 billion) were flat at constant exchange rates. Shares in the company have fallen 57 percent over the past year and are now trading at their lowest level since 2016, ratcheting up pressure on Burberry chief executive Jonathan Akeroyd . PARIS, France — With revenues across the fashion sector reeling after months of coronavirus lockdowns, and many of the world's consumers hesitant to go shopping, it's an imperfect time to open a new store. In the sprawling technology hub of Shenzhen, however, Burberry is going ahead with the launch of a new boutique — its 63rd in Mainland China — . JW Anderson Spring/Summer 2025 (Spotlight/Launchmetrics.com) JW Anderson Spring/Summer 2025 (Spotlight/Launchmetrics.com) JW Anderson Spring/Summer 2025 (Spotlight/Launchmetrics.com) . At Burberry, the transition is a lot less graphic, a lot more tortured. Monday’s show inside the brutalist concrete interior of the National Theatre was .BoF Insights | Why Burberry Is Putting Statement Shoes in the Spotlight. Creative director Daniel Lee’s debut show underscored the luxury industry’s focus on designer shoes to drive growth, with a big nod to the hybrid glam-comfort styles that luxury .
Moncler told The Guardian it did not comment on “unsubstantiated rumours.”. Shares in Burberry rose as high 872 pence in early trading on Monday, up more than 7 percent on Friday’s close of 812 pence. A number of analysts identified Burberry as a potential takeover target earlier this year after the company’s share price fell by 40 percent over a 12-month period. Simply put: modern ready-to-wear rooted in Burberry’s core British DNA. Under Lee, Burberry has adopted a new typeface and revived its historic equestrian knight logo. Two weeks ago, Lee unveiled his first campaign for Burberry. While he didn’t design the products featured — a mix of the house’s classic trench coats, plain roll-neck . New products include the Beyond Wear Perfecting Matte Foundation with “Trench Protect” Technology, which the company says is inspired by the fabric of the iconic Burberry trench coat, as well as the new Burberry Kisses, a lip product.
Hermès outperformed its peers in the second quarter – when LVMH missed revenue growth estimates and Burberry Group Plc warned on profit — but its ability to withstand industry-wide pressures thanks to a loyal customer base and exclusive price point is now being called into question. The designer’s task at Burberry has been to create a strong new identity for the brand. His latest collection, infused by life under the ocean, highlighted just how tricky that challenge is. . Receive news, offers and invites from BoF. Our newsletters may include 3rd-party advertising, by subscribing you agree to the Terms and Conditions .
LONDON, United Kingdom — Riccardo Tisci's new era Burberry is finally working. The UK’s biggest luxury brand said same-store sales climbed 4 percent in the first quarter compared to a year earlier, marginally beating expectations, as product from the new creative overhaul drove consumers, particularly Chinese millennials, to stores and online. A PR backlash enveloped Burberry following the revelation that it destroyed £28.6 million worth of unsold product last year. Now, the company is ending the practice and banning animal fur. In a global exclusive interview, BoF's Imran Amed sits down with Burberry CEO Marco Gobbetti to decode the thinking behind the move. All investors have signed shareholders’ documentation guaranteeing BoF’s complete editorial independence. See all comments. . Burberry’s stock jumped more than 7 percent after speculation emerged that Italian competitor Moncler could be exploring a potential acquisition of the British luxury brand.
Thursday's event was just one piece of the company's plan to embed storytelling at the heart of its China strategy. Indeed, Bailey has previously called Burberry "as much a media-content company as we are a design company." And since the brand regained control of its China business in late 2010, paying £70 million to buy out its franchisee, Kwok Hang Holdings of . LONDON — “Dialing up on Britishness,” Burberry’s rallying cry as it attempts to carve itself a more resonant niche in the battle of the big-time brands, would appear to lend itself to the naturally abrasive instincts of its latest standard bearer.Daniel Lee turned Bottega Veneta around with a stark, confrontational aesthetic that lit a fire under the house.
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