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Article: BACKGROUND: Downs and ups at Burberry.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- May 26, 2005
CopyrightCOPYRIGHT 2005 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By Trevor Datson
The severing of Burberry's filial ties with GUS later this year is the latest twist in the raincoats-to-riches history of a quintessentially British fashion statement.
The reinvented luxury label has delivered 60 per cent share price growth in less than three years on the stock market, and although sales growth is slowing the marque is in better health now than for most of its 149-year history.
Under the stewardship of Rose Marie ...