Burberry Says Second-Half Sales Rise 13 Percent on Online Growth

Burberry Americas Headquarters | Source: Burberry

LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported second-half revenue in line with estimates as digital investments boosted growth, and warned currency moves may hurt profit in the current fiscal year.

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Making Sense of Burberry’s Big News

Imran Amed reflects on the surprise news that Angela Ahrendts is leaving her role as Burberry’s chief executive to take up the position of senior vice president of retail and online stores at Apple and will be replaced by Christopher Bailey, who is set to take on the dual title of chief creative and chief executive officer.

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Angela Ahrendts to Leave Burberry for Apple, Christopher Bailey to Be CEO

Angela Ahrendts | Photo: Michael Hemy for BoF

Angela Ahrendts is set to exit her role as the company’s chief executive in mid-2014 to join Apple. In an unusual move, Christopher Bailey will replace Ahrendts, taking on the dual title of chief creative and chief executive officer.

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CEO Talk | Angela Ahrendts on Burberry’s Connected Culture

Angela Ahrendts | Photo: Michael Hemy for BoF

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.

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Chait’s magic touch, Burberry transformation, Fashion flu, Acquisition impact, Louise Wilson

Greg Chait by Stephanie Diani | Source: NY Times

All He Touches Turns to Cashmere (NY Times) “Greg Chait, the designer of the Elder Statesman, is not someone you would expect to be named the class of 2012’s most likely to succeed. He is laid back in the way that comes from living in Southern California, where he works in a sunny studio in Culver City. His defining feature is a bushy black beard that could easily contain a pair of knitting needles. Ask him how he got his

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Week in Review | Graphite’s social commerce model, Luxury Index slides in May, Ethical fashion, Moda money

The Week in Review June 4 - 8, 2012

Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)

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