Submitted to Dr. KAROL KLIMCZAK
Date: 18.11.2013
Academic Year 2013/2014
© Kozminski University 2013
TABLE OF CONTENT
1.Introduction 3
2.Burberry Group Overview 3
3.Corporate Governance at Burberry 3
4.Risk Management 6
5.Problems and Recommendations 7
6.Conclusion 8
7.References 9
1. Introduction
The company chosen for this assignment is Burberry that has a reasonable structure and size to analyze. The aim of our project is to prepare a briefing document about the effectiveness of governance at the Burberry Group. The analysis goes through the profile of the company, analysis of corporate governance at Burberry Group, the company’s problems, our recommendations and conclusion. Therefore, to get a more reliable and accurate information, our work is based on Bloomberg data, Burberry’s latest annual reports, some articles from Financial Times, company’s web site and the lectures.
2. Burberry Group Overview Burberry is a British holding company that operates in the luxury goods manufacture, retailer and wholesales. It is a global luxury brand established in 1856. The company operates in Europe, Asia Pacific, North and South America and the rest of the world. The company provides non-apparel accessories and clothing for men, women and children. The company is ranked in the FTSE100 in the Consumer Durables & Apparel Sector. Burberry has been around for a century and a half, during which time its products have become associated with a special aspect of British cultural life, the establishment as fashion setters. Its high profile brand image and its luxury clothes and accessories can be found wherever celebrities and gentry gather together.
3. Corporate Governance at Burberry As we have discovered on Institutional Investors and Corporate Governance lectures, management can make all the difference to a
References: Institutional Investors and corporate governance lectures by Dr. Klimczak Bloomberg website: http://www.bloomberg.com/quote/BRBY:LN [10.11.2013] Burberry’s annual reports: http://www.burberryplc.com/investor_relations/annual_reports/financial_review [10.11.2013] Burberry Group PLC: Consensus Recommendation, 2013. Financial Times [online]. Available at: [Accessed 23 February 2013]. Burberry website: http://www.burberryplc.com/ [12.11.2013] Burberry first-half revenues pass £1bn for first time: http://www.ft.com/intl/cms/s/0/e1a8766c-4d06-11e3-bf32-00144feabdc0.html#axzz2l0O2qLTI