Burberry Group Plc said it sees a tougher climate for luxury goods after currency fluctuations led the U.K. maker of $1,600 trench coats to report a drop in first-half earnings and demand softened in Asia.
In his new combined role as chief executive and chief creative officer of Burberry, Christopher Bailey has come under fire from investors for his pay package. But what is he really worth to Burberry, and how can he quell the shareholder revolt?
LONDON, United Kingdom — Burberry Group Plc shareholders rejected the U.K.’s largest luxury-goods maker’s remuneration report as investors rebelled against a pay package awarded to new Chief Executive Officer Christopher Bailey.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported full-year profit that topped analysts’ estimates as it took control of its beauty business and focused on outerwear
BoF compiles the most important professional moves of the week.
LONDON, United Kingdom — Burberry Group Plc said Christopher Bailey started as chief executive officer after Angela Ahrendts formally departed the U.K. luxury-goods maker.
With a theatrical, multimedia event and an immersive new flagship, Burberry underscores the importance of storytelling in the all-important China market.
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.