Burberry, a renowned luxury fashion brand, has a rich history dating back to the 19th century. Founded in 1856 by Thomas Burberry, the brand has become synonymous with British elegance and style. Over the years, Burberry has evolved into a global fashion powerhouse, known for its iconic trench coats, classic check pattern, and high-quality craftsmanship. But who exactly owns the Burberry brand today? Let's delve into the ownership of Burberry and explore its fascinating journey from a small store in Basingstoke to a global luxury brand.
Burberry Brand Founder: Thomas Burberry
The story of Burberry begins with Thomas Burberry, a young entrepreneur who opened his own store in Basingstoke, Hampshire, England in 1856. At just 21 years old, Thomas Burberry, a former draper's apprentice, set out to create a brand that would revolutionize outdoor attire. By 1870, Burberry had established itself as a leading purveyor of high-quality, weatherproof clothing, catering to the needs of outdoor enthusiasts and explorers.
Burberry's innovative approach to design and fabric development set the brand apart from its competitors. In 1879, Burberry introduced gabardine, a breathable, waterproof fabric that would become synonymous with the brand's signature trench coats. This marked the beginning of Burberry's journey towards becoming a global fashion icon.
Burberry's Expansion and Evolution
As Burberry's reputation grew, the brand expanded beyond its humble beginnings in Basingstoke. The iconic Burberry trench coat, with its distinctive check lining, became a staple of British fashion and a symbol of timeless sophistication. In the early 20th century, Burberry's designs caught the attention of the British royal family, further solidifying its status as a luxury brand.
In 1955, Burberry introduced its first fragrance, Burberry for Men, marking the brand's foray into the world of beauty and fragrance. Over the years, Burberry has continued to expand its product offerings, including ready-to-wear collections, accessories, and beauty products, catering to a global audience of fashion enthusiasts.
Burberry's Ownership Today
Today, Burberry is owned by Burberry Group plc, a publicly traded company listed on the London Stock Exchange. Burberry Group plc is a British luxury fashion house that oversees the operations of the Burberry brand, including design, production, marketing, and distribution.
While Thomas Burberry founded the brand in the 19th century, ownership of Burberry has changed hands over the years. In 1955, the brand was acquired by Great Universal Stores (GUS), a British retail conglomerate. In 2001, Burberry was spun off as a separate entity and listed on the London Stock Exchange, marking a new chapter in the brand's history as a publicly traded company.
Today, Burberry Group plc is led by a team of experienced executives and designers who are dedicated to upholding the brand's heritage and values while driving innovation and growth. Under the leadership of CEO Marco Gobbetti and Chief Creative Officer Riccardo Tisci, Burberry continues to push boundaries and redefine luxury fashion for the modern era.
Burberry's Global Influence
Burberry's influence extends far beyond its British roots, with a global presence that spans across Europe, Asia, the Americas, and beyond. The brand's iconic check pattern and timeless designs have captured the hearts of fashion enthusiasts worldwide, cementing Burberry's status as a global luxury brand.
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