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Burberry Group plc (LON:BRBY) has today released an update on the impact of coronavirus. Our most recent guidance for the year ended March 2020 predates the impact of the coronavirus outbreak and we wanted to update the market.  Currently 24 of our 64 stores in Mainland China are closed with remaining stores operating with reduced hours and seeing significant footfall declines. …

Burberry Group remain confident in strategy and outlook for FY2020

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Burberry Group (LON:BRBY) has today announced its third quarter trading update. •     New product continues to perform well, now around 75% of our mainline retail store offer •     Continued focus on consumer inspiration, with social and digital innovations, and additional new and refreshed stores •     Excellent response to our Festive campaign and Lunar New Year activities  •     Continued focus on …

Burberry Group strategy continues to deliver results

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Burberry Group (LON:BRBY) has announced its interim results for 26 weeks ended 28 September 2019. ·    Riccardo Tisci’s collections delivered strong double digit growth with new product now around 70% of our mainline retail store offer ·    Strengthened our brand with positive momentum across social media, press and influencers ·    Transformation of distribution well underway with wholesale rationalisation and refreshed retail stores in …

Burberry Group plc Positive response to new product

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“This was a good quarter in our multi-year journey to transform Burberry. We increased the availability of products designed by Riccardo, while continuing to shift consumer perceptions of our brand and align our network to our new creative vision. The consumer response was very promising, delivering strong growth in our new collections. We are on track with our plans and …

Burberry Group plc Strong progress in first year of transformation

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Burberry Group plc (LON:BRBY) today announced preliminary results for the 52 weeks ended 30 March 2019. “We made excellent progress in the first year of our plan to transform Burberry, while at the same time delivering financial performance in line with expectations. Riccardo Tisci’s first collections arrived in stores at the end of February and the initial reaction from customers …

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Burberry Group Plc Continued to build brand heat around new creative vision

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Burberry Group Plc (LON:BRBY), today announced 3Q trading update. Marco Gobbetti, Burberry Chief Executive Officer commented: “I am pleased with our progress in the quarter as we continued to build brand heat around our new creative vision and shift consumer perception of Burberry. Excitement is growing ahead of next month’s launch of Riccardo’s debut collection. We will continue to manage …

Burberry Group Plc Brand repositioning underway, with strong initial response

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Burberry Group Plc (LON:BRBY) today announced Interim results for 26 weeks ended 29 September 2018

“We are energised by the early results as we begin to transform and reposition Burberry. The initial response from influencers, press, buyers and customers to our new creative vision and Riccardo’s debut collection Kingdom has been exceptional. Mindful that we are only in the first phase of our multi-year plan, we continue to manage dynamically through the transition. We confirm our outlook for the full year.”

Marco Gobbetti, Chief Executive Officer of Burberry

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29 Sept

30 Sept

Burberry Group plc Solid performance in retail

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Burberry Group plc (LON:BRBY) today announced first quarter trading update Continued progress executing plan with comparable sales +3% Burberry Group, Marco Gobbetti, Chief Executive Officer, commented: “We are pleased with our progress in the quarter. The team has embraced Riccardo’s creative vision and is working well together as we prepare for his debut collection in September, the next step in …