Luxury British fashion retailer Burberry, famous for its trench coats and signature check pattern, was founded by 21-year-old Thomas Burberry in 1856. Retail Week provides news, analysis, features and opinion about Burberyy and the fashion and luxury sectors.
Only 22 permanent retail CEOs were appointed over the last 12 months, the lowest UK number in a decade except for 2021 when businesses were dealing with the fallout from the pandemic
Luxury retailer Burberry has reported a decline in sales but believes its strategic transformation plan will deliver profitable growth in the long-term.
Luxury fashion brand Burberry has poached an exec from fellow premium retailer Moncler, for a board role as a non-executive director.
Since being imported from the US to the UK by Amazon in 2010, Black Friday has become a firm fixture on retail’s promotional calendar.
Burberry has said it is “acting with urgency” as it launches turnaround plan to “stabilise” the business following plummeting profits and sales at the luxury brand.
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