Burberry is a British luxury design house and clothing brand with headquarters in London, England. Established in 1856, the company mainly focused on outdoor attire at the onset before moving on to the high fashion market. The company has now grown to become
. Famous for its trench coats and signature tartan lining pattern, the company
Burberry product lines
Burberry produces and distributes a wide range of luxury outerwear for both men and women, but most of its revenue is generated through the sales of accessories. It also generates sales through concessions in third-party stores. Its fashion houses offer a selection of fashion accessories that include handbags, wallets, purses and umbrellas, and also produces and deals in other items, such as fragrances, sunglasses, and cosmetic products. As of 2024, Burberry operated a total of
227 stores worldwide.
Changes at Burberry
Amidst
falling profits and slumping share prices for 14 months straight, Burberry got de-indexed from the
London Stock Exchange in September 2024. The company had been trading at the exchange for the past 15 years. Burberry's exit from the stock market came after the appointment of a new CEO, Joshua Schulman, the former CEO of Michael Kors. Burberry was one of the
leading brands in the London Fashion Week FW 2024 season in terms of its media impact value.
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