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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Burberry Designer CEO Shows Shift to Creatives in Luxury

Burberry Spring/Summer 2014 | Source: Burberry

LONDON, United Kingdom — For years, fashion and luxury-goods companies have resisted putting creative and commercial control in one pair of hands. With the appointment of Christopher Bailey as chief executive officer, Burberry Group Plc aims to prove it can make the formula work.

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Female Fashion Addicts Change China’s $19 Billion Market

Louis Vuitton in Shanghai | Source: Flickr

BEIJING, China — Lisa Yan is the new face of the Chinese luxury consumer: female and fashion-forward. The 26-year-old finance saleswoman checks social media daily to see what celebrities or friends are wearing. She wears Burberry coats, alternates between a light blue Valentino bag and a black Dolce & Gabbana one for work, and reads magazines such as Vogue.

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Burberry Sales Exceed Analysts’ Estimates as Digital Outperforms

Burberry Spring/Summer 2014 campaign | Source: Burberry

LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported quarterly revenue that exceeded estimates as increased marketing spending helped attract shoppers over the holiday period.

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