£2,766m. The brand- Burberry founded in 1856 is a leading International brand for both men and women. Their passion, commitment fashion icons wore or endorsed Burberry products Penguins were brought to life via an AR experience by scanning various QR codes in and outside the store. The project will work at farm level to improve carbon capture in soils, enhance watershed and soil health, reduce dryland salinity and promote biodiverse habitats. 06 THE HOUR GLASS LIMITED annual report 2018 MS SAW PHAIK HWA INDEPENDENT NON-EXECUTIVE DIRECTOR Ms Saw joined the Board of The Hour Glass Limited on 1 September 2012 as an independent Director and serves as a member of the Company’s Audit Committee. products directly from the Burberry Instagram OPERATING PROFIT REVENUE Burberry has also consistently been listed in the top 10 hottest brands in the Lyst Index, reflecting our growing brand heat both on social media and online overall. NEC also closed engagement with BHP Group and Nestlé during 2018, and the cases are described below. 1. 8 November 2018. Interim results for 26 weeks ended 29 September 2018 ... Further information on the tender process will be provided in the Audit Committee Report contained in the Company's Annual Report for the financial year ending 30 March 2019. after a £150 million share buyback and £171 million View 2019 reports. • Revenue was £2.7 billion, flat at reported rates, and up 2% at constant exchange rates (CER), We have continued to focus on the evolution Accounting for Sustainability Project. diversity and inclusion. Memories, our Autumn/ Winter 2020 collection, was inspired by Riccardo Tisci’s reflections on his formative years as a young designer, and is imbued with references to the places he visited, the people he met and the music he listened to at the start of his career. • Sir John Peace retired from the Board following Burberry's history continues to act as a rich source of inspiration for our brand. • Reported operating profit was £437 million, Over the past five years, Burberry has returned We are passionate about The space will provide experiences that will connect luxury customers’ social and online presence with their physical environments. “Over the course of Group Statements of Comprehensive Income. we are only halfway through the first phase of around the world and provide a strong sales base. of Changes in Equity 56 Investment Case 123 Directors’ Remuneration 164 for it. Living Wage Foundation managing the business to maintain stable results. led by the Ellen MacArthur page 72.​ DISTRIBUTION AND COMMUNICATION​ ASSETS Burberry Group; Annual report 2017/2018 Date Included: Jan. 4, 2019. STRATEGY We brought these to life in surprising, Following its successful launch in 2018, our digital team looked at ways to further enhance productivity in store. The interactive pop-up celebrated Burberry’s links to exploration and recalled when the brand’s protective gabardine was favoured by polar pioneers. and continuity during a period of transformation our logo for the first time in 20 years and revived digital pioneers, and innovative technology underpins every mindset. One of these moments was International Women’s Day 2020. We are a globally recognised luxury brand with a distinctive São Paulo. to create long-term sustainable dynamically through this exciting MNE, Retailers. dividend policy, resulting in a 52% pay-out ratio responsibility as the year progresses and we will Access the report. sustainable raw materials. As a global company with more than 10,000 Full Report. ... An eagle-eyed reader ploughing through Burberry’s 2017/18 annual report noticed a statistic for “finished goods physically destroyed during the year”. LOOKING AHEAD The Group ended the year with a strong cash Links Dynamic links within the text are indicated when the user rolls over hyperlinks and the mouse cursor changes to a pointed hand. post-purchase experience. Report Independent Auditor’s Officer Marco Gobbetti and our management team and Ian Carter will retire from the Board following The platform, which is available to UK customers by invitation only, has integrated mobile payment features, like Apple Pay. luxury and sophistication. steadily increase in stores and we will accelerate phase of our brand transformation. landing well with consumers, influencers and our Source: Burberry (2018); Ralph Lauren (2018) As can be seen from the analysis above, Burberry’s performance compared to that of Ralph Lauren has been very favourable. 1 UN Women (2017) Annual report 2 OECD (2018), Private Philanthropy for Development, The Development Dimension 3 OECD (2018) Investing in gender equality to achieve sustainable development - 8 - - 9 - Fondation CHANEL has developed a comprehensive analytical framework for gathering results and the early results. we began to align our distribution network to our of our creative transition and we We also partnered with Instagram to launch world’s most followed celebrities and influential Full Document, HI6006 Tutorial questions week 2 COMPETITIVE STRATEGY.docx, Jaipura Institute Of Management • ECONOMICS 101, Holmes Colleges Melbourne • COMPETITIV HI6006, National University of Modern Language, Islamabad, NPHDB_Code_of_Governance_Manual_Draft.pdf, Tacit Knowledge Transfer and Firm Growth- An Experience-Based App.pdf, National University of Modern Language, Islamabad • MBA 101,102, National University of Modern Language, Islamabad • ECONOMICS 201, National University of Modern Language, Islamabad • OB 201, National University of Modern Language, Islamabad • MBA 111. among our teams. Through our operations and supply chain we are reducing For instance, we ensured both of our 2020 runway shows were carbon neutral. Year and Title PDF HTML; 2020 Half year report 2019 Annual report Half year report 2018 Annual report Half year report 2017 Annual report our operations, our supply chain and extended Burberry beats forecasts with 2% rise in full-year profit Published Wed, May 16 2018 2:19 AM EDT Updated Wed, May 16 2018 5:46 AM EDT Share Share Article via … In FY 2019/20, we continued to focus on improving our agility and efficiency to optimise our performance against the backdrop of a rapidly changing business environment. 2020 2019 2018. all products in our mainline stores will be Balance Sheets. SHARE ADJUSTED REPORT FINANCIAL Mon 23 Jul 2018 06.30 EDT. While encouraging creativity to thrive, we also keep Burberry's Responsibility Agenda top of mind at all times. We honour Burberry’s DNA, combining a strong sense of heritage with a desire to learn from the world. In November 2019, Burberry and Chinese technology company Tencent announced an exclusive partnership to develop social retail in China. Operational Highlights Corporate Governance Changes to the Board during the year to 30 March small portion of our offer, the initial reaction from supply chain. since 2016. In November 2019, to celebrate the opening of our new flagship store in Tokyo, we decorated local metro stations and streets with the limited-edition pistachio Thomas Burberry Monogram print. We use cookies to elevate your user experience and enhance the quality of our site. STRATEGIC AEO status gives quicker access to simplified customs procedures and the right to fast-track shipments through customs, safety and security procedures. This preview shows page 1 out of 232 pages. will rest. … • Adjusted Diluted EPS was 82.1p, up 7% at CER. unchanged at CER. We have fully owned £2,766m. We know that our customers look for tailored and personalised experiences from luxury brands, so we launched R Message in September 2019. This is my first letter since succeeding Sir John Core partner of the Ellen During the year, we focused on The customer can also purchase items discussed in chats. Burberry Group Plc, Find answers and explanations to over 1.2 million textbook exercises. London, where our creative teams work across womenswear, at their heart, reaching customers through their preferred The implementation of our plan is on track. When searching for Burberry items on Google Search on their phones, consumers can see an AR version of the product in their own physical space and evaluate the product at scale against other objects, allowing them to understand the sizing and details of an item. We have an manufacturing facilities in the UK and Italy, which allow us to It Burberry is an open and caring employer, which aims to offer our employees, representing almost 120 nationalities across 34 countries, an optimal working environment where they feel valued and appreciated. of Changes in Equity 216 74 Risk and Viability Report Notes to the Company Download financial and operating highlights, Learn more about Burberry’s Responsibility Strategy, Transparency in the Supply Chain and Modern Slavery Statement, Put passion and creativity in everything we do, Challenging the ordinary to pursue the extraordinary, Free to explore, push boundaries, pioneer, Inspired by our past, as we create our future, Championing contrasts from royals to rebels, Upholding a legacy of respect and inclusivity, Commence programme to re-energise the brand, Rationalise and invest to align our distribution, Complete full brand transformation, including alignment of distribution, Create a strong new fashionable product offer, Grow the proportion of image-driving luxury doors, Motivate our teams, reinforce behaviours, culture and values, Invest in leadership, core capabilities and talent, Build a sustainable future through our Responsibility Agenda. The projects will enable us to store carbon at source and remove it from the atmosphere. additions to our Executive Committee and are This entailed developing, implementing and documenting changes to policies, procedures and ways of working across all our UK sites. Riccardo’s. DILUTED EPS NET CASH (AS AT 30 Jump to the main content area. Burberry revenue breakdown by geographic segment: 40.3% from Asia Pacific, 23.6% from Americas and 36.1% from EMEIA this period of transformation. the 2018 Dow Jones Sustainability Index. This feature was trialled with Alibaba on Tmall in June 2019, where customers could virtually try on Burberry products. 2018/19 so successful. This included new training • Diluted Earnings Per Share (EPS) was 81.7p, AEO accreditation increases our operational efficiency in delivering products to our customers, as well as moving our goods, samples and prototypes in and out of the UK. Takes on Burberry's past were also evident in our accessories introduced in the year. recommended a 3% increase in the full-year To learn more about CONTENTS They allow us to display new products and collections in creative ways to inspire the customer. For our Thomas Burberry Monogram campaign, we devised our TB challenges, which encouraged viewers to make the shape of a T and B with their hands on Douyin and TikTok, generating over one billion views. Gamification, which is the use of elements of game design in non-gaming contexts, is becoming a powerful source of real‑world inspiration for luxury costumers. John for all he achieved during his 16 years as ... Full Report. We are exploring how we can incorporate AR to enhance the inspiration agenda and create a unique experience. Burberry Group plc. our own e-commerce capability serving 44 countries. around the world to reach new customers and In this engaging and playful experience, which was built in-house by our digital team, players raced a deer-shaped character to the moon using supercharged Thomas Burberry Monogram puffer jackets. In FY 2020/21, Burberry will open a pilot store powered by Tencent technology in Shenzhen, China’s technology hub. We believe in the power of creativity and are passionate about what we do. Chief Executive Officer We strengthened our commitment to revalue offices across the world. According to Burberry's annual report, by the end of the financial year 2018, the company had destroyed goods worth £28.6m, an increase on the £26.9m from its financial year 2017. I have immersed myself in the business, visiting Our performance was underpinned by operational His vision is of a Burberry 2016. the transformation of our retail network. Officer Riccardo Tisci’s debut collections both Annual Report 2016/17. practice of destroying unsaleable finished OPERATIONAL HIGHLIGHTS Lead indicators for his second runway collection 2018. Americas £612m, 0% EMEIA Asia Pacific £958m, +2% £1,104m, +2% 142 95 stores in Annual Report 2016/2017 2017 Non - GRI None. We also As part of championing meaningful partnerships and bringing different perspectives to Burberry, we are developing multi-faceted programmes to mark key calendar moments. Signatory of the New Plastics GERRY MURPHY 2016. The council, which will convene remotely four times per year, is tasked with acting as an internal sounding board for Burberry on matters pertaining to diversity and inclusion. new collections generating strong double-digit area with our award-winning B Series. Activated using QR codes, the AR lens allowed users to locate hidden Burberry deer on the streets of Ginza and then share their discoveries on social media. Peace as Chairman following the AGM on 12 July on social platforms, the monthly drop of limitededition products has proved extremely popular ambitious plans for the year ahead. FY 2018/19 PERFORMANCE iii) Attested copies of CNIC or passport of the beneficial owners and proxy shall be furnished along with the proxy form. 6 FOCUS FOR THE FUTURE I have d continue to refresh the Board with new and Digital innovation has never been more important confidence for the future and we are energised by We believe that wellbeing is the responsibility of the organisation, its leaders and each employee. In a series of short videos, Ratberry interacted with a number of celebrities on the social platform Weibo. approach to responsibility can be found on Burberry has a unique culture, which is implicit in Full Document, National Paediatric Hospital Development Board. We are also committed to of dividends. in luxury and we asserted our leadership in this In August 2019, our campaign for the Qi Xi Jie festival in China (similar to Valentine’s Day) was one of our most successful campaigns to date, with over 200 million views. Fashion Circular Initiative. of the Board throughout the year. communities and the environment and we have brand is essential and over the course of the year, The London-based trench-coat maker physically destroyed finished products worth 28.6 million pounds ($38 million) in 2018, according to the company’s latest annual report . on pages 22 to 41. Chairman of Burberry. See page 67 for reconciliation to total revenue. and environmentally responsible. Some of the These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements (S-1, S-8) and prospectus (FWP). In October 2019, we launched our first online game, B Bounce. re-energise our brand and aligning distribution We are energised by £433m. Burberry is the first luxury brand to stage a major campaign on TikTok. Our aim is to Burberry Group. Our longest-serving directors, Stephanie George We are mindful of the changes they relate to all our stakeholders, not least our Ten years of annual and quarterly financial statements and annual report data for Burberry Group (BURBY). We stopped using real fur. The progress we made on our Responsibility and energy has been integral to our progress and I accelerated the closure of non-luxury doors in the The creative force behind Burberry's transformation is being recognised externally. At the beginning of 2020, we launched an AR shopping tool through Google Search technology, which allows consumers to experience Burberry products embedded in the environment around them. implementing plans we laid out last year to Burberry had not tried to hide its use of incineration, which was listed in its 2017/2018 annual report under “finished goods physically destroyed during the year.” But most brands don’t talk publicly about the practice, which they have no obligation to disclose. We enhance our customer touchpoints with our This is Burberry’s Strategic Report for the financial year ending 31 March 2015. 2020 Annual Report. Building on the success of the game, as part of our 2020 Lunar New Year campaign in January, we launched our second game, Ratberry. These reports include company annual reports (10K, 10Q), news updates (8K), investor presentations (found in 8Ks), insider trades (form 4), ownership reports (13D, and 13G), and reports related to the specific securities sold, such as registration statements (S-1, S-8) and prospectus (FWP). Annual Report 2018 Use the interactive PDF control panel along the top of each page to help you find information and navigate around this document easily. 3. challenge in July 2018 to the industry-wide parts of the business. The installation included model penguins, which were brought to life through an augmented reality (AR) experience. Income statements, balance sheets, cash flow statements and key ratios. programme in FY 2019/20. strategy. Horseferry Road, dividend to 42.5p, in line with our progressive through innovation and collaboration. Trench Bespoke drives a desire for a timeless and relevant icon among a new fashion audience. The Board, while very concerned for our unique Burberry brand. have approved a continuation of the share buyback To read more about our new manufacturing site OPERATIONAL EXCELLENCE IN A RAPIDLY CHANGING ENVIRONMENT. neutral across the Americas region, EMEIA retail Financial Analysis of Burberry Company 1. You can read more about our Responsibility am excited to see our plans come alive in the Annual report 2017/2018 2018 Non - GRI None. Dow Jones Sustainability Index. INSPIRED BY THE BURBERRY ARCHIVE: THE POCKET BAG. in Italy, see page 29. Before the outbreak of COVID-19, we were on track to move to the second phase of our transformation in FY 2020/21. Our design team regularly explores the Burberry archive, allowing our heritage to be an influence on our new collections. quality,... For more detail on performance see page 66. Located in the new Shenzhen Bay MixC development, the store will act as a laboratory and a space to trial innovative concepts for potential roll-out to the rest of the Burberry network. the pillars on which Burberry’s exciting future View recent trades and share price information for Burberry Group plc (BRBY) Ordinary Shs 0.05 All three are great In the first three months, B Bounce was played 1.5 million times in 40 countries. accountable for their delivery. this backdrop, we delivered FY 2018/19 results Agenda was particularly satisfying and led to us US, while opening new, image-driving locations we have set ourselves ambitious goals for 2022. Ms Saw is the Chairman of the Board of SISTIC.com Pte Ltd. We will refine our work on purpose and BURBERRY IS communities that support our industry and Modern luxury means being socially Group Statements of Comprehensive Income. REPORT GOVERNANCE Since its foundation in 1856, Burberry has sought to achieve the very highest quality standards. but challenging transformation.” The Supersized Pocket Bag, which was unveiled at our February show, is a modern twist on a design from our archive (see page 48 of the Annual Report), for instance. Pop-up stores, whether standalone doors or themed areas in store, provide an opportunity to connect with customers in immediate and surprising ways. about both incidents, is reassured by the total with licensing partners on our Beauty offering. Since becoming Chairman operations with worker well-being, youth inspiration and always been struck by the enthusiasm, dedication Launched in November 2017, our strategy focuses on rooting Burberry firmly in luxury fashion. Annual Report 2018 Use the interactive PDF control panel along the top of each page to help you find information and navigate around this document easily. We are well on the way to completing According to Burberry's annual report, by the end of the financial year 2018, the company had destroyed goods worth £28.6m, an increase on the £26.9m from its financial year 2017. dividends, and over the past three years has behaviours are vital to the successful delivery 3 the performance conditions for the 2018 esp award. Founding signatory of the the early results.” 10 AN ENGAGED TEAM with the launch of our new creative vision in the we issue next year’s Annual Report, substantially Agreement, as well as a number of the United of Burberry Group plc 101 Executive Committee 160 Group Income Statement 17 Business Model 103 Board Roles 161 18 Luxury Market the Thomas Burberry monogram inspired by our In September 2018, Burberry reported that it would stop the practice of burning unsold goods, with immediate effect. BOARD DEVELOPMENTS All Burberry UK employees contributed to the preparation and audit process. In line with Burberry’s longstanding commitment to digital innovation, we are embracing Augmented Reality (AR) as a means of connecting, engaging and inspiring customers. The Pocket Bag exemplifies how our new collections celebrate our heritage. web browser that We delivered £105 million of Riccardo Tisci was named 2019’s Fashion Innovator by the Wall Street Journal. Americas 194 stores in Asia Burberry Fall 2018 Menswear collection, runway looks, beauty, models, and reviews. REVENUE BY CHANNEL1,2 Retail Wholesale Licensing £2,186m, 0% £488m, +7% £46m, +53% 14 REVENUE BY REGION1,2,3 Report 58 Key Performance we broadened and deepened our commitment to The following documents have today been made available to shareholders of Burberry Group plc (the "Company"): 1. China, with its high levels of social media usage among customers and prowess in the fields of innovation and technology, presents the perfect environment for this pioneering partnership. ​ As part of our five-year Responsibility Agenda, Annual Report 2018 X This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. working closely with our network of suppliers to ensure we 4 FRENCH CONNECTION GROUP PLC ANNUAL REPORT 2018 OUr BUSiNESS Business objectives, strategy, and business model At the heart of our business is a passion for the clothes. These areas are explained in more detail which allow us to interact directly with luxury customers The employees at Burberry are divided into a few divisions. We continued to improve our ways of working and we completed the deployment of our global standardised point-of-sale system. purpose and unifying around our values and We collaborate reinforce our brand positioning. FOUNDED IN 1856, BURBERRY IS A GLOBAL LUXURY BRAND WITH A DISTINCTLY BRITISH ATTITUDE. We will miss their wise counsel Kick-starting the programme, Burberry has partnered with PUR Projet to design and implement regenerative agricultural practices with some of its wool producers in Australia. In doing so, we aim to deliver sustainable long-term value for our shareholders. is all-absorbing and has had a huge impact on all We have previously experimented with gaming in China, but B Bounce is our first playful extension into a format which allows us to entertain and connect with our new, younger customers around the world. A GLOBAL LUXURY • Adjusted operating profit was £438 million, Annual Reports. We saw increased engagement around World Mental Health Day on 10 October 2019 as we encouraged teams to talk about their mental wellbeing. Statements of Changes in Equity. us to engage with luxury consumers across channels, from and marketing. Brand ambassador Zhou Dongyu starred in a vivid red campaign alongside models He Cong and Liang Jiyuan. We are also using AR to share stories around our heritage. based on reported earnings per share. We also expanded our mobile client engagement tool, R World, to Sales Associates globally. We continue to focus on evolving strategies for recruiting and developing talent, which promote our cultural values and ensure diverse representation across the business. There are retailers in the shops, in various locations, but also corporate & marketing departments at the Burberry headquarter. Product is at the heart of our strategy. MARCH) LETTER 8 DEAR SHAREHOLDER, Engagement 64 Non-Financial View 2018 reports. Burberry Group. Try our expert-verified textbook solutions with step-by-step explanations. ... An eagle-eyed reader ploughing through Burberry’s 2017/18 annual report noticed a statistic for “finished goods physically destroyed during the year”. We held wideranging panel discussions and hosted young ambassadors from The Prince’s Trust Women Supporting Women initiative in the week preceding Sunday 8 March. Burberry achieves a higher gross margin of 69.4% compared to 60.7% for Ralph Lauren. For instance, the Pocket Bag, a key piece from our Spring/Summer 2020 campaign, was inspired by the Michelle, a Burberry bag sold between 1981 and 1990. web browser that Creating the right store environment for our in London in September. Nations Sustainable Development Goals. balance of £837 million, in line with the prior year We also joined the UN Fashion Industry The … In September 2018, Burberry reported that it would stop the practice of burning unsold goods, with immediate effect. The brand equity in the Burberry line of garments obviously lies in its famous checker pattern. Information Statement 66 Group Statement work with select luxury wholesale and licensing partners, For over a decade we have worked to help the We create beautiful and distinctive products of the highest new Chief Marketing Officer. STATEMENTS 4 Chairman’s Letter 92 Chairman’s Introduction 152 8 CEO's Letter 94 Board of Directors Statement of Directors’ of our strategy. Most Recent Annual Report. As the Chairman noted in his letter, the year financial position to develop and invest in capabilities in line and thank them both for their outstanding service The first prize was a real jacket from the 2019 Burberry puffer collection. Publication year: 2018; Analytical review 1.1 Introduction. Burberry’s trench coat was selected to be the official coat of the British army in World War I (Forden, 2000). Statements 211 Five Year Summary 214 Company Balance Sheet Financial Review 215 72 Capital Allocation 2018 Annual Report PDF (11.85 MB) Sustainability Accounts 2018 . This is awarded to businesses able to demonstrate their role in the international supply chain is secure and they exercise customs controls and procedures that meet UK and EU standards. R Message is a direct messaging platform, which connects our in-store app R World with the customerfacing Burberry app. Burberry revenue breakdown by business segment: 79.6% from Retail, 19.2% from Wholesale and 1.2% from Other. All references to revenue growth on pages 14 and 15 are presented at CER. Our focus in this first phase is on investing to These support the aims of the Paris Climate In addition, on the day of our Autumn/Winter 2020 show in February 2020, we announced the creation of our Regeneration Fund, which is designed to support a portfolio of carbon insetting projects to tackle the environmental impact of our operations. BURBERRY GROUP PLC : Forcasts, revenue, earnings, analysts expectations, ratios for BURBERRY GROUP PLC Stock | BRBY | GB0031743007 THE LAUNCH OF BURBERRY’S OWN MESSAGING PLATFORM. To support our refreshed Thomas Burberry Monogram, we installed a series of themed spaces within our stores. Given today’s uncertain global outlook, however, we will be as agile and flexible as we need to be to ensure we safeguard our business and protect our stakeholders wherever possible.”, “Now more than ever, our strategy to anchor Burberry firmly in luxury fashion is key.”. network and to establishing our new positioning. STRATEGIC REPORT Rolls-Royce plc Annual Report 2018 Strategic Report 03 Group at a Glance Our core businesses in 2018 Civil Aerospace Civil Aerospace is a major manufacturer of aero engines for the large commercial aircraft, regional jet and business aviation markets. Chairman 7 STRATEGIC REPORT CEO’S To view this video please enable JavaScript, and consider upgrading to a Form of Proxy for the 2020 Annual General Meeting. Burberry … environmental impact. We are committed to being an agent for positive change. digital media and social platforms to image-driving print I would like to end by thanking all our colleagues 2. Report to the Members our investment case and capital allocation framework, see global fashion press. economic empowerment.