Burberry PLC (£BRBY) - A Valuation on 13th November 2020

A mature business trying to recast itself. Will they manage to differentiate themselves, or will competition prove too fierce?

The Company - Burberry PLC (£BRBY)

Burberry PLC (LON: BRBY) is a designer, manufacturer, and retailer of contemporary luxury fashion and accessories (leather goods, bags and coats). Despite being listed, incorporated and run in the UK, it is a global business with most revenue coming from Asia.

Over the last 5 years, as the business has matured, growth has slowed and margins have come under pressure. The firm has a modest amount of debt (~22% of capital structure), a Baa2 credit rating and a low chance of significant financial distress (<5%).

The firm was valued in £.

The Story - “A Mature Fashion Business Trying To Recast Itself”