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.…
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.…
Burberry has acquired the remaining 15% economic interest in its Chinese retail business from Sparkle Roll Holdings Limited for £54 million, or about $73.1 billlion U.S.…
Tesla has hired Burberry’s former Vice President of Digital and Interactive Design, Chester Chipperfield, as their new global creative director.…
Burberry has announced that current CEO Christopher Bailey will become the company’s chief creative officer and president, and be replaced by Marco Gobbetti as CEO.…
Burberry reported the 2nd consecutive drop in earnings last Wednesday, with a 10% drop in adjusted pretax profit. Sales in Hong Kong have fallen more than 20% for three consecutive quarters.…
Burberry has unveiled plans to slash costs and streamline its business after the luxury retailer suffered a steep fall in profits.…