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Burberry

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Burberry
NameBurberry Group plc
TypePublic
Traded asLSE: BRBY
IndustryFashion
Founded1856
FounderThomas Burberry
HeadquartersLondon, England
Key peopleJonathan Akeroyd, Gerry Murphy

Burberry. Founded by Thomas Burberry in 1856, the company has a long history of innovation, introducing Gabardine fabric in 1879 and trench coats during World War I. Queen Victoria, Queen Elizabeth II, and Princess Diana have all been associated with the brand, which has become synonymous with British fashion. The company has been listed on the London Stock Exchange since 2002 and has been a constituent of the FTSE 100 Index.

History

The company's history dates back to 1856 when Thomas Burberry opened a store in Basingstoke, Hampshire, selling outdoor clothing. In 1879, Thomas Burberry invented Gabardine, a waterproof and breathable fabric that became a hallmark of the brand. During World War I, Burberry supplied trench coats to British Army officers, including Winston Churchill and Ernest Hemingway. The company's iconic trench coat was also worn by Audrey Hepburn in the 1961 film Breakfast at Tiffany's, directed by Blake Edwards. In the 1990s, Burberry became a popular brand among British football hooligans, including those associated with Manchester United and Chelsea F.C.. The company has also been associated with British royalty, including Prince William, Duke of Cambridge and Kate Middleton.

Products

Burberry offers a wide range of products, including clothing, accessories, and cosmetics. The company's Prorsum line, launched in 1999, features luxury clothing and accessories designed by Christopher Bailey. Burberry has also collaborated with other designers, including Vivienne Westwood and Stella McCartney, on limited-edition collections. The company's products are sold in over 500 stores worldwide, including Harrods in London and Saks Fifth Avenue in New York City. Burberry has also partnered with Farfetch and Net-A-Porter to sell its products online. The company's beauty products, including fragrances and skincare, are popular among celebrities, including Emma Watson and Cara Delevingne.

Marketing_and_Branding

Burberry has been at the forefront of digital marketing, using social media platforms like Instagram and Facebook to engage with customers. The company has also partnered with influencers, including Kendall Jenner and Gigi Hadid, to promote its products. In 2010, Burberry launched its Art of the Trench campaign, which featured photographs of people wearing trench coats in different locations around the world, including Tokyo and New York City. The company has also sponsored various events, including London Fashion Week and the British Fashion Awards, which have been attended by celebrities like Anna Wintour and Naomi Campbell. Burberry has been recognized for its marketing efforts, winning awards at the Cannes Lions International Festival of Creativity and the Fashion Awards.

Controversies

Burberry has been involved in several controversies over the years, including criticism for its sweatshop labor practices in China and Bangladesh. The company has also faced backlash for its fur policy, with animal rights groups like PETA and the Humane Society protesting outside its stores. In 2018, Burberry announced that it would no longer use real fur in its products, following in the footsteps of other luxury brands like Gucci and Versace. The company has also been criticized for its environmental impact, with Greenpeace and the World Wildlife Fund highlighting the negative effects of the fashion industry on the environment. Burberry has responded to these criticisms by implementing sustainability initiatives, including reducing its carbon footprint and using recycled materials in its products.

Corporate_Affairs

Burberry is a publicly traded company listed on the London Stock Exchange. The company's board of directors includes Jonathan Akeroyd, Gerry Murphy, and Fabiola Arredondo. Burberry has a strong presence in Asia, with stores in Tokyo, Seoul, and Hong Kong. The company has also partnered with Alibaba Group to sell its products on Tmall and other e-commerce platforms in China. Burberry has been recognized for its corporate governance, winning awards at the FTSE 100 Index and the Institutional Investor awards. The company's charitable foundation, the Burberry Foundation, supports various causes, including education and arts initiatives, and has partnered with organizations like the Prince's Trust and the British Fashion Council. Category:British fashion

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