Burberry Group plc, founded in 1856 by Thomas Burberry, is a British luxury fashion company headquartered in London, England. The company designs, manufactures, and distributes ready-to-wear items, including its iconic trench coats. Its product line also encompasses a wide variety of other goods like leather accessories, footwear, and fragrances. Burberry is a publicly traded company listed on the London Stock Exchange and is part of the FTSE 250 Index.
In 1901, the Burberry Equestrian Knight logo, featuring the Latin word "Prorsum" meaning "forwards," was created.
Burberry registered its Equestrian Knight logo as a trademark in 1909.
In 1911, Burberry became the outfitters for renowned polar explorers Roald Amundsen and Ernest Shackleton.
Ernest Shackleton wore Burberry on his 1914 expedition to cross Antarctica.
George Mallory wore a Burberry gabardine jacket during his attempt to climb Mount Everest in 1924.
In 1928, celebrity motorcycling sisters Betty and Nancy Debenham recommended Burberry trench coats in their book "Motor-Cycling for Women".
In 1930, Burberry outfitted Mrs. Victor Bruce for her round-the-world flight and her solo flight to Japan.
A. E. Clouston and Betty Kirby-Green broke the world record for the fastest return flight from London to Cape Town in 1937, flying "The Burberry" airplane sponsored by the brand.
Burberry became part of Great Universal Stores (GUS) in 1955, marking the end of its era as an independent family-controlled company.
In 1997, Victor Barnett became chairman of Burberry and hired Rose Marie Bravo to lead a corporate reorganization and restore the brand's luxury image.
Christopher Bailey joined Burberry as creative director in May 2001.
Burberry had a successful initial public offering (IPO) in 2001 under the leadership of Victor Barnett.
Burberry's brand image shifted in 2001, becoming associated with "chav" and football hooligan culture.
Burberry Group plc was listed on the London Stock Exchange in July 2002.
GUS fully divested its remaining stake in Burberry in December 2005.
By 2005, the negative association with "chav" culture and the rise of counterfeit products significantly impacted Burberry's brand reputation.
Riccardo Tisci served as creative director at Givenchy from 2005 to 2017 before joining Burberry.
Angela Ahrendts joined Burberry from Liz Claiborne in January 2006.
Angela Ahrendts took over as CEO of Burberry in July 2006, succeeding Rose Marie Bravo.
Burberry launched online sales in the UK in October 2006 after initially starting online sales in the US.
In 2007, Burberry expanded its online sales operations to the rest of the European Union.
As of July 2012, Burberry had two production facilities in Great Britain located in Castleford and Keighley.
In 2012, Angela Ahrendts was reported as the highest-paid CEO in the UK, earning £16.9 million.
Angela Ahrendts' departure from Burberry to join Apple Inc. was announced in October 2013.
Angela Ahrendts officially joined Apple in April 2014, with Christopher Bailey succeeding her as Burberry's CEO.
Christopher Bailey was appointed chief creative officer and CEO of Burberry in 2014.
Marco Gobbetti was appointed CEO of Burberry in July 2016, with Christopher Bailey transitioning to the role of President and Creative Director. The same year, Burberry also launched the "Mr Burberry" fragrance.
In May 2017, Burberry announced the relocation of 300 employees from London to Leeds.
Marco Gobbetti formally replaced Christopher Bailey as CEO of Burberry in July 2017.
Christopher Bailey stepped down from his role as CEO of Burberry in November 2017.
Burberry destroyed unsold goods worth £26.9 million during its 2017 financial year.
Christopher Bailey left his position as chief creative officer at Burberry in March 2018, completing his departure from the brand by the end of the year.
Riccardo Tisci, formerly of Givenchy, joined Burberry as chief creative officer in March 2018.
Gerry Murphy took over as chairman of Burberry's board in April 2018, succeeding Sir John Peace.
Burberry filed a lawsuit against Target Corporation in May 2018 for alleged copying of its check print designs.
In July 2018, reports emerged that Burberry had destroyed unsold goods worth over £90 million in the past five years to maintain brand exclusivity.
In September 2018, Burberry announced the immediate cessation of destroying unsold goods and committed to phasing out real fur from its products.
In February 2019, Burberry issued an apology for featuring a hoodie with a noose design during its London Fashion Week show. The item was subsequently removed from their collection following criticism from a model and a widespread negative online reaction.
In February 2020, Burberry closed 24 of its 64 stores in mainland China due to the COVID-19 pandemic.
In July 2020, Burberry announced 500 job cuts globally, including 150 positions at its UK headquarters, to save £55 million after experiencing declining sales from the COVID-19 pandemic.
In March 2021, Burberry became the first luxury brand targeted in China due to backlash against sanctions related to alleged human rights abuses in Xinjiang. Actress Zhou Dongyu, a brand ambassador, ended her contract with the company.
In April 2022, Jonathan Akeroyd, former Versace boss, became Burberry's chief executive, succeeding Marco Gobbetti. Akeroyd received a £6 million "golden hello" to compensate for lost bonuses and share awards from his previous role.
In September 2022, Burberry announced Daniel Lee, former creative director of Bottega Veneta, would replace Riccardo Tisci as chief creative officer. Also in 2022, the company banned exotic skins, such as alligator and snake, from its collections.
In 2022, Thai artist Vachirawit Chivaaree was named Burberry's first Global Brand Ambassador from the South Asia-Pacific Region.
In February 2023, Burberry launched a new logo and branding, reinstating the Equestrian Knight logo. The advertising campaign featured British models and musicians Shygirl, Liberty Ross, and Skepta.
In February 2023, Daniel Lee introduced a new direction for Burberry, described as "a modern take on British luxury".
On March 29, 2023, a Burberry tote bag appeared in an episode of the television show Succession, leading to a significant increase in online searches for the brand.
In April 2023, rapper Kano was featured in a Burberry marketing campaign launched by Daniel Lee, emphasizing "a modern take on British luxury."
In October 2023, Burberry partnered with Vestiaire Collective on a circular style project. Customers could exchange used Burberry items for gift cards, encouraging resale and reducing waste.
In 2023, research by various groups, including the European Parliament's social democratic party and Sheffield Hallam University, accused Burberry of using Uyghur forced labor from the Sunrise Manufacture Group Co.
Burberry pledged to reduce its supply chain emissions by 46% by 2030.
Burberry announced its goal to become a "climate positive" company by 2040.