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BURBERRY GROUP PLC
Burberry CEO vows revival following 20% drop in salesShares of Burberry rose as much as 15% in early trading in London, after Joshua Schulman said he would undo the missteps of previous manage...- Why it’s so hard to track the fashion industry’s emissionsThe fashion industry, responsible for 2% of global greenhouse gas emissions, struggles to reduce its carbon footprint.
- Apple’s retail plans will push company deeper into China, overhaul US storesApple looks to bring fresh luster to its 22-year-old retail operation, which is one of the world’s most venerated chains but also has conte...
- Makers of basic necessities face 'tradeoff' supplying Russia with cookies, soapProcter & Gamble Co and Unilever Plc said this week they are continuing to sell essential products in Russia, but are ending any new capita...
- Chinese apps drop H&M from listings after fashion brand shows concerns over forced labour in XinjiangOther brands like Burberry, Nike and Adidas have also faced an online backlash.
- Wealthy shoppers buy less, but better: Hermes becomes the most-preferred, chic choice for luxury purchasesConsumers want tried and tested styles like a Hermes Birkin bag or a Moncler puffer jacket.
- Luxe brands try to keep the coveted status symbol as fashion weeks move onlineClothing houses have valued direct personal interaction through their boutiques and fashion shows.
- London’s newest ghost town was financed by ChinaThe U.K decision, under U.S. pressure, to ban Huawei Technologies Co. from building its 5G networks and the suspension of its extradition t...
- European shares fall as investors stay wary of virus impactThe pan-European STOXX 600 index fell 0.5 per cent by 0803 GMT.
- Louis Vuitton goes digital, turns to Facebook Bot to chat with customersLV's virtual adviser can help you pull up catwalk shows, learn about the brand's history, and give tips for product maintenance.
- Amidst slump, Michael Kors, Prada cut back on innovative bag designsMacy's discounted almost 2,500 handbags last quarter, while both Neiman Marcus and Barney's New York marked down at least 900 items.
- US retailer hires ex-Reliance Retail executive Anurup Pruthi as CFOIn August, the company had announced that it entered into a franchise agreement with Arvind Lifestyle Brands Limited to open stores in Indi...
- Global retailers bet big on Dubai's soaring consumer confidenceLimited Brands and American Eagle Outfitters are among global retailers seeking a foothold in Dubai as consumer confidence in the emirate r...
- US retail magic fails overseasWhen it comes to selling overseas, the strategies of American retailers don’t always translate.
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