Burberry Group PLC

Burberry Group Plc operates as a holding company, manufactures, designs and distributes apparels and accessories under the Burberry brand. It operates through the following segments: Retail and Wholesale, and Licensing. The Retail and Wholesale segment sells luxury goods through Burberry mainline stores, concessions, outlets, and digital commerce, as well as Burberry franchisees and department stores. The Licensing segment channel offers global licenses of fragrances, eyewear, timepieces and European children's wear. The company was founded by Thomas Burberry in 1856 and is headquartered in London, the United Kingdom.

Departure of Italian credited with turning round British luxury fashion brand prompts share price plunge

Burberry boss Marco Gobbetti to step down after five years at helm

Burberry Group PLC's (LON:BRBY) chief executive Marco Gobbetti is to leave the fashion designer at the end of 2021 to join competitor Salvatore Ferragamo. He will hold the role of general manager and chief executive at the Milan-listed luxury group.

Burberry chief executive jumps ship to join Ferragamo

Shares of U.K. luxury goods group Burberry slumped 4% after Marco Gobbetti said he would be leaving the company at the end of the year to take the same role at leather goods maker Salvatore Ferragamo in his native Italy. Burberry said it has begun a search for his successor.

Burberry shares slump as CEO leaving to take top job at Ferragamo

Italian luxury group Salvatore Ferragamo said on Monday it had chosen Marco Gobbetti, the outgoing CEO of British group Burberry, as its new chief executive.

Ferragamo picks Burberry's Gobbetti as its new chief

Burberry Group PLC (LON:BRBY) announced that its chief executive Marco Gobbetti is to leave the fashion designer at the end of 2021. Gobbetti, who has led the transformation of Burberry's brand and business, will be stepping down after nearly five years in the FTSE 100 group to take up another opportunity so he can return to Italy and be closer to his family.

Burberry chief executive leaves job to move back to Italy

Burberry said on Monday that Chief Executive Officer Marco Gobbetti has informed the British luxury group his intention to step down from the role to take up another opportunity.

Luxury brand Burberry CEO Marco Gobbetti to step down

Burberry ended 2021 on a strong note as its Q4 revenue was just a few percent below the revenue in the comparable period in Q4 2019. The dividend has been reinstated at pre-COVID levels.

Burberry: Reversing Impairment Charges Boosted 2021 Results

Dillard's

Dillard's profit soared in 2020 to a gain of $156 Million in 2021. Burberry's operating profits rose in the last fiscal year from $265 Million to $732 Million.

Burberry And Dillard's Take Markdowns Out Of Stores – Focus On Full Price Sales

It's been a bumpy old day for investors in Burberry Group PLC (LON:BRBY). A cursory glance at its prelims suggested the luxury clothing and accessories group was faring well in the aftermath of the pandemic.

Bumpy day, but is Burberry still a long-term winner?

Burberry Group plc (BURBY) CEO Marco Gobbetti on Q4 2021 Results - Earnings Call Transcript

It's been a bumpy old day for investors in Burberry PLC (LON:BRBY). A cursory glance at its prelims suggested the luxury clothing and accessories group was faring well in the aftermath of the pandemic.

Bumpy day, but is Burberry PLC still a long-term winner?

Shares in luxury fashion group Burberry fell more than 5% on Thursday despite a strong sales rebound driven by China and the U.S. in the fourth quarter.

Burberry Reinstates Dividend as Sales Rebound Strongly. Why The Stock Is Falling.

The chief operating officer of Burberry said the British luxury brand was pleased with its performance in mainland China when asked about any backlash to Western accusations of abuses in Xinjiang.

Asked about Xinjiang, Burberry says pleased with China performance

Burberry Group PLC (LON:BRBY) has reinstated a progressive dividend policy after posting an improvement in sales despite some of its markets are still under some level of restrictions. In the current financial year, the FTSE 100 group expects revenue to grow 8-9% underpinned by the continued outperformance of full-price sales.

Burberry reinstates progressive dividend policy as sales gradually recover

British luxury brand Burberry on Thursday reported a 10% drop in sales for the year to end-March, weighed down by the COVID-19 pandemic, but said its recovery from the crisis accelerated through the year.

Burberry's annual sales weighed down by COVID-19

BT Group

BT Group PLC (LON:BT.A) will report its fourth-quarter and full-year results on Thursday as speculations mounts over the future of its BT Sport division. For the fourth quarter, the consensus forecasts are for revenue of £5.29bn (down 6.1% year-on-year) and underlying earnings (EBITDA) of £1.83bn.

BT Group, Burberry, and Greggs are key names in Thursday's diary

Burberry's sales decline is lessening and margins look healthy. That's good for this year but it's also a positive sign that the business is turning around.

Burberry: Continued Signs Of Turnaround

More Western brands are facing backlash in China as they get caught in the international crossfire over Beijing's treatment of Muslims in the country's Xinjiang region.

Chinese Stars Snub Western Brands Hugo Boss, Burberry, and H&M Over Xinjiang Row

NIKE

The list of western brands that have been boycotted, blocked or erased from Chinese social media and mapping software continued to grow on Friday (March 26), as a growing diplomatic row over human rights in the country's cotton-growing region threatened to disrupt one of the world's most important retail markets. As of Friday, the London-based […]

China's Crackdown On Western Brands Hits Burberry, Nike, H&M And More

H&M stores in China have suddenly disappeared from Apple Maps amid the fast growing controversy over human rights in China's cotton-picking region. Beijing consumers could not find location listings for the fast-fashion retailer on either Apple Maps or Baidu Maps on Friday, according to Bloomberg, while stores for other retailers including Japan-based Uniqlo continue to.

H&M, Burberry scrubbed from internet in China over forced labor accusations

adidas AG

Companies including H&M, Nike, Adidas and Burberry have been caught in the middle of a political firestorm in China — spooking investors that keep close tabs on a key market.

China boycotts are a warning to Western brands

Luxury fashion house Burberry is the latest Western brand to face a backlash inside China over their ban on cotton produced in Xinjiang, following mounting concerns over alleged human rights abuses and the use of forced labor in the region.

As Burberry Faces Backlash In China Over Xinjiang Cotton, Other Luxury Brands Could Face Boycott

Burberry PLC (LON:BRBY) has been scrubbed from a popular Chinese video game and seen one of its brand ambassadors resign following Western allegations about human rights abuses by China. Britain has joined with other Western countries to impose sanctions on China over the claims of systematic rights abuse of the Uighur community in Xinjiang.

Burberry catches the backlash as China retaliates against Uigher sanctions

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 by the Chinese backlash to Western accusations of abuses in Xinjiang.

Burberry becomes first luxury brand to suffer Chinese backlash over Xinjiang

A number of European-listed clothing companies were down sharply in the wake of China retaliation over dropping cotton made in Xinjiang over forced labor concerns. H&M , Burberry Group , Adidas , Puma and Zara owner Inditex were among the companies trading between 2% and 6% lower.

News for Burberry Group PLC Stock (BURBY)