Burberry Archive

Burberry Shares Soar After Report That Coach Is Considering Merger

LONDON, United Kingdom — Burberry Group Plc shares rose as much as 4.8 percent after Betaville, a financial blog, said Coach Inc. is considering merging with the British trench coat maker. The US maker of purses and accessories has been working with financial advisers at Evercore for several weeks on a possible deal, the website said, citing two people familiar with the situation it didn’t name. Earlier …

McDonald’s plan hasn’t transformed its profits

Poor Ronald McDonald. Following the scary clown appearances that shocked people around the globe, the burger chain has decided to cut back on public appearances of its pasty-faced mascot. That is not the only bad news for McDonald’s, which reports third-quarter figures on Friday. According to the Wall Street Journal, an internal memo shows that only one in five millennials has ever tried a Big …

No Growth but No Panic in the Luxury Sector

LONDON, United Kingdom — Both the Savigny Luxury index (SLI) and the MSCI World Index (MSCI) ended up flat this month, with the SLI posting a small gain whilst the MSCI tipped slightly into negative territory. Valuations are stable despite unappealing growth prospects, underpinned by the defensive nature of a number of luxury goods stocks benefitting from strong balance sheets, the absence of pension issues …

How ‘See Now, Buy Now’ Is Rewiring Creativity

NEW YORK, United States — Fourteen campaign images. Six videos. A string of celebrity portraits. All in one day. “It was a large list of deliverables,” says photographer Inez van Lamsweerde, who, along with partner Vinoodh Matadin, was tasked with turning around all of the above in less than 24 hours. The client? Tom Ford, who staged an in-season runway show at New York Fashion …

Emotional Engagement at Burberry

LONDON, United Kingdom — Christopher Bailey’s personal commitment to better living through technology has transformed Burberry, but that doesn’t mean there haven’t been moments when he’s wondered if the speed of change wasn’t running away with more humanist considerations. Time to reflect, for instance. But in launching Burberry’s latest initiative – see now, buy now – Bailey engineered a perfect paradox. Never has a Burberry …

Burberry's seasonless clothes usher in fashion's stream-of-consciousness era

When Virginia Woolf wrote the fantastical biographical novel Orlando, she broke all the rules of time and gender. The protagonist lives for four centuries but ages just 36 years; halfway through, with no explanation, he switches from being a man to a woman. Orlando was Christopher Bailey’s starting point for Burberry’s show, a link more fundamental than the way in which this season’s Cavalry women’s …

How Burberry is Operationalising 'See Now, Buy Now'

LONDON, United Kingdom — Burberry will unveil its first ever “see now, buy now” show at London Fashion Week on Monday, heralding a new era for the industry in which fans can get their hands on “seasonless” items immediately after they are presented on the runway. But the new approach has significant implications for production and supply chains, which were out of sync with communications and marketing …

Vivienne Westwood Combines Men’s and Women’s, Moves Show to London Men’s Week

Vivienne Westwood and Andreas Kronthaler at the brand’s Autumn/Winter 2016 menswear show in Milan Vivienne Westwood Combines Men’s and Women’s, Moves Show to London Fashion Week Men’s (11 August 2016) Vivienne Westwood is combining its womenswear line, formally known as the Red Label, and its menswear line, formally known as the MAN Label, into one collection, which will be shown during London Fashion Week Men’s, …

Burberry and Kering Best Positioned to Tap South Korea

LONDON, United Kingdom — South Korea’s large luxury domestic market, steady influx of Chinese tourists and strong department store distribution model represents a unique opportunity for global luxury brands, according to new research by Exane BNP Paribas. Interest in South Korea has grown substantially over the past decade, driven, in part, by the country’s unique melding of fashion, music, entertainment and celebrity. Indeed, only last …

Bottoms Up on Hermès, LVMH and Kering Performance

LONDON, United Kingdom — The Savigny Luxury index (“SLI”) staged a relief rally this month, gaining over 7 percent whilst the MSCI World Index (“MSCI”) gained almost 4 percent. Better-than-expected first half results took some of the sting out of the sector’s most severe correction in seven years. Big news The luxury sector stepped up to the plate this first half, surprising investors on the …