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.
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.
Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.
LONDON, United Kingdom — Today, BoF brings you the next instalment of "When They Were Kids," a cartoon series depicting fashion figures as children, created by our friend Fashion Cartoonist.
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.
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.
Lunch with Christopher Bailey (FT) “Bailey is so famous for his un-diva-ness that it risks overshadowing his fame as the designer responsible for the anointment of Burberry as Britain’s greatest global brand. Since Bailey’s arrival in 2001 as creative director, Burberry has almost doubled its revenues, from £1bn to £1.85bn, and now has 462 stores around the world.” Swatch buys Harry Winston jewelery arm for $750 million
LONDON, United Kingdom — Are we talking about London Fashion Week or a festival of childish self-indulgence? For me, fashion design is about cut, shape, body and proportion, as it always has been. But sadly, many of the recent London shows featured banal shapes hidden under a riot of digitally created patterns, sometimes in the crudest of colours. Just imagine if there was an embargo on the use of colour and pattern and designers