The material negative effect of COVID-19 on luxury demand has intensified and is now impacting the industry in all regions. Burberry warns of plunging sales as number of shops shut. Coronavirus caused retails spaces to shut and demand for luxury goods to dry up. Given the ongoing escalation of the COVID-19 pandemic, British … Read more
At the 10th edition of Copenhagen Fashion Summit 2019 (15-16 May 2019), Burberry shared more about the luxury fashion brand’s commitment to adapting its business to create tomorrow’s heritage. Marco Gobbetti, Burberry CEO announced that the fashion house is committed to a zero-waste mindset and has a goal to become carbon neutral by 2022. … Read more
British luxury brand also boosted by collaboration with hip Russian designer Gosha Rubchinskiy
Appointment of Italian creative at the traditionally British brand hints at a radical turnaround plan
Creative force and one-time CEO to step down as chief designer in March and leave the firm entirely by the end of 2018
Designer, who has faced protests over his pay, is due to hand over day-to-day running of the luxury goods retailer next month