Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments

Burberry Group Plc is a British company that manufactures clothing, accessories and perfumes.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Stay Pausing Investments
Revenue(RF), mln.USD
2
Glob.Revenue, mln.USD
3729
Staff(RF), 2021
62
Taxes(RF), mln.USD
1
Capital(RF), mln.USD
6
Assets(RF), mln.USD
10
The Company Statement
March 06, 2022

Temporarily shut stores in Russia (Three stores; one owned by a franchisee). Suspended shipments to Russia. Burberry is still being sold in Russia. Revenue in RUB increased by 12% in 2023 vs 2022.

October 23, 2024What Russian boycott? How a Mail investigation discovered British brands from Barbour to Burberry, Mothercare, Rolls-Royce and Land Rover are still being sold in Russia
June 04, 2024BURBERRI RETAIL, LLC – Moscow – General Director Nikitina A. A. – TIN 7714913859
March 11, 2022From H&M to Hermès: which fashion brands have suspended their work in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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