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burberry ladies gold check bracelet watch Related News
- Burberry Luxury Watches Brand
The Burberry luxury watches brand name has been synonymous with classic design and quality for over a century and a half. Although Burberry didn't invent luxury watches as such, they did create a distinctive luxury fashion house that is famous worldwide for their clothing and accessories line. Their trademark Burberry classic check tartan is one of the most replicated designs in the fashion world to date. The Burberry brand name is coupled with a reputation that precedes them.The Burberry brand was established in southeast England in 1856 by Thomas Burberry, a 21 year old draper's assistant. He opened his own dry goods store and went on to create outdoor attire. In 1880 he invented gabardine; a waterproof yet breathable fabric that is now widely used worldwide. His most famous invention of all time was the trench coat. This most famous innovation was worn by the British Army Officers during the Great War. More recently, Burberry is known for their upscale clothing line. Their luxury watches tend to follow the same design principals, classical in design and appropriate for any occasion.As you would expect from such a prestigious brand, the luxury watches are carefully crafted and manufactured to the highest engineering design standards. Precision engineering coupled with handsome designs make these popular timepieces prized possessions of many rich and famous people around the globe. Despite their price tag, Burberry high quality luxury watches are sought after by many everyday people who have a respect for quality and classic styling.The Burberry brand name almost ensures success with the release of any new fashion accessory. Most well known for their fragrance line and fashion handbags there are Burberry branded stores and franchises all over the world. These luxury watches are no exception and are immediately esteemed upon their release.Many of the luxury watches carrying the Burberry brand have the trademark classic check strap. More recent designs include a triple leather wrap watch strap or a classic stripe strap. Many of the watch designs are more utilitarian. Swiss made with understated designs, these luxury watches work with any colour, style and outfit.The Burberry brand watches are designed and manufactured for quality and comfort. The men's outdoor range is waterproof to a depth of 50 meters and is both a classic timepiece as well as a practical accessory.The women's designs are somewhat more elegant as is to be expected. These luxury watches boast superior workmanship as well as everlasting classic designs. The women's heritage and signature styles are particularly popular as Burberry continues to be the mainstay of the fashion accessory world. Many of these luxury watches incorporate the trademark classic checks design into their straps as well.A luxury watch is an essential fashion accessory for anyone who wants to complete their look. Burberry is not only a brand that you know you can count of for quality, but is one that will compliment your look no matter the season or occasion.
...[ Detail ]
- Growth in fragrance & watch royalties, Burberry
Burberry Group plc, the global luxury company, reports on trading for the six months to 31 March 2010.Angela Ahrendts, Chief Executive Officer, commented:"With a stronger finish to the year than we had anticipated in both retail and wholesale, we now expect Burberry to deliver adjusted profit before tax in the year just finished slightly above current market consensus.Looking forward to 2010/11, while the pace and level of the global economic recovery remain unclear, we remain confident that our strategies will continue to build momentum in the business. To drive growth, we will increase investment in new regions, initiatives and digital commerce, while taking further action to enhance the brand."RetailRetail sales, which accounted for over 60% of total revenue in the second half, increased by 15% on an underlying basis (14% reported). New space contributed 5% to this growth.Comparable store sales in the half increased by 10%. The sales momentum in the third quarter (up 10%) continued into the fourth quarter (up 11%), driven by strong full price sell-through of Spring/Summer 2010 ranges. Both average selling price and gross margin increased compared to last year. Non-apparel was again the strongest performing division across all sub-categories, especially in shoes and soft accessories. In apparel, outerwear again performed well, with awareness driven by the social media site, artofthetrench.com.Double-digit comparable store sales growth continued in Asia Pacific and Europe. Hong Kong, the UK and the United Arab Emirates were among the best performing markets. There was an improving trend in the Americas, particularly in the fourth quarter, resulting in mid single-digit percentage growth in the second half as a whole.The net increase of nine mainline stores in the second half included new stores in Paris and Venice and three openings in the Americas (a flagship in Toronto and standalone Burberry London and Burberry Brit stores on Madison Avenue, New York). Average selling space in the second half increased, as planned, by 6%.WholesaleWholesale revenue, which accounted for about 30% of total sales in the second half, declined by 6% on an underlying basis (7% reported). This decline includes the impact of Burberry's own actions, such as closing certain specialty accounts in Europe, and continued weakness in Spain (which sells a domestic collection unique to that market). Excluding these factors, sales of the global collection grew by a mid single-digit percentage, led by Emerging Markets, the Americas and Travel Retail.The 6% underlying decline in wholesale revenue is about a ��10m improvement on previous guidance of down 10-12%. This outperformance was driven by higher in-season orders than expected due to strong consumer demand and lower cancellation rates due to improved shipping.A net seven franchise stores were opened during the second half, including the first Burberry stores in Lebanon and Serbia. During the period, China continued to perform very strongly, as did Turkey. Russia and Eastern Europe remained more volatile.
...[ Detail ]
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