Burberry Group PLC
Burberry Group PLC is a designer fashion label with hundreds of stores distributed throughout the world. Burberry has grown into a popular and influential fashion house. Since its inception, Burberry has introduced substantial innovations into the world of fashion with developments in clothing, accessories, sunglasses, fragrances and cosmetics.
Founded in 1856, the company’s success is rooted in its adventurous and inventive past. Founder of the company, Thomas Burberry, created a new fabric that brought the company into the spotlight. The fabric is gabardine, unique cotton that is waterproof and breathable. This fabric proved revolutionary and was soon being used to design comfortable, weather-resistant clothing for air pilots, global explorers and sportsmen. Gabardine continues to be used today in suits, summer-wear, as well as trench coats which Burberry is particularly famous for.
The Burberry Group has established several programmes to ensure ethical trade, sustainable resource management, as well as community enhancement. By adapting to global fashion trends and the urgency for carbon footprint reduction, Burberry has ensured its longevity and its status as a lucrative asset for financial investment.
Burberry Group PLC Market Influences
Burberry Group PLC shares are directly affected by production costs, product distribution, consumer demand and fashion market trends.