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Burberry Names William Jackson Chair in Year of Revenue, Profit Growth
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Burberry Names William Jackson Chair in Year of Revenue, Profit Growth

WWD·Samantha Conti·19 days ago
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LONDON – Burberry ended its 2026 fiscal year on a high, restoring retail sales to growth and naming a new chair, William Jackson, founder and former CEO of Bridgepoint Group Plc, to replace Gerry Murphy when he retires later this year. In fiscal 2026, which ended on March 28, retail comparable store sales grew 2 percent compared with a decline of 12 percent last year. You May Also Like All regions, with the exception of EMEIA, Europe, the Middle East, India and Africa, generated that growth throughout the year, with Greater China and the Americas both up 10 percent in the fourth quarter. Revenue in the 12 months was flat at constant exchange rates, and declined 2 percent to 2.42 billion pounds at reported rates. Operating profit increased to 115 million pounds from a loss of 3 million pounds due to an ongoing savings drive, and continued investments in marketing and “growth-driving” initiatives, the company said. Profit for the year was 21 million pounds, compared with a loss of 75 million pounds last year.…

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