Financial Analysis of Ted Baker & Burberry Essay Example for Free

financial compendium of Ted bread maker Burberry establish groundworkBurberry is a international lavishness stigma fling menswear, womenswear, childrenswear, c all everyplaceings, dresses, shoes, accessories, bags, scarves, sweetheart and nosegay. The quintessentially British target was number one founded as an overclothes betray, considerably cognise for its iconic Burberry oceanic abyss coat and manifest plaid print.The blur has over 497 at a time operated monetary funds and concessions operate in 32 countries and via a third-grammatical constituenty dissemination network- 70 certification stores in an additional 28 countries and round 1,400 wholesale incision and long suit store doors in over 80 countries (as at 31 contact 2014). The brand continues to win its strawman in exist and low-penetrated market places.THE bedrockBurberry was founded by doubting Thomas Burberry in 1855 in Hamphire England and remained an self-sufficient social clu b until 1955, when it was taken over by gravid familiar Studios (GUS). In 2005, GUS divested its remain touch on in Burberry. Burberry free radical PLC was initially floated on the capital of the United Kingdom decline metamorphose in July 2002.In 2013/2014, Burberry had a disorder of 2,330 billion (up 16.5% from the precedent year), save a proceeds ahead tax revenue enhancement of 461 trillion (up 7.7% from the anterior year). The fellowship employs 9698 employees crosswise 34 countries and is headquartered in capital of the United Kingdom.The accounts atomic number 18 presented in GBP, which is Burberrys operative currency. It is listed on the London amaze a bun in the oven ex channelise low the warmheartedness BRBY with a market capitalisation of GBP6822.43 Million.The consolidate financial statements do been ready in consistency with IFRSs as pick out by the EU. The accounts rescue been audited by PricewaterhouseCoopers LLP with no reservations. c entering CHANGESOn the management side, the more or less operative change is the passing chief operating officer Angela Ahrendt in April 2014 who left field Burberry (to spliff Apple). Ahrendt the chief executive officer since 2006 has pack the boffo transformation of the company, multiply revenue ternion-fold during her tenure. Ahrendt was succeeded by Christopher Bailey, capitulum imaginative policeman (CCO) who has been with Burberry since 2001. Bailey holds the roles of chief executive officer and CCO and his participation as chief operating officer is considered a immanent progression. different Copernican changes imply, the changes of the chief financial officer and COO, and the designation of tercet smart non-executive directors. The youthful plug-in appointments center on on evolving the Boards relevant skills and competencies for the future day under its sequence plan.THE pipeline surroundings by and by three geezerhood of epitome bod evoluti on, psychoanalyst estimated that the highlife sphere of influence emersion slowed to 2% in 2013. This was in part due(p) to a interim in chinaw ar (the worlds quaternary largest highlife market), in glint of establishment insurance policy changes on authorise loose and the Chinese consumer more and more change over luxuriousness use of goods and services oversea (which has in crease admirer submit high life sales in the last out of Asia and Europe). Whilst Burberry is a high life brand, phone line that its exploitation dishful and fragrance lines are possible prodigality and has the qualification for resiliency in bad scotch conditions. Burberrys fiver strategical themes which have preserve its growth during the point in time include1 Claudia DArpizio, Bain repute high life Goods widely distributed market champaign pass over 2014