Great Universal Stores assumed ownership
| Fashion | Luxury Brands | Corporate History |
Updated By: History Editorial Network (HEN)
Published: | Updated:
3 min read
Great Universal Stores (GUS) acquired Burberry, marking a pivotal shift in the brand's operational structure. Prior to this acquisition, Burberry was an independent family-controlled company, which allowed for a unique brand identity and a strong connection to its heritage. The transition to GUS ownership introduced a new era for Burberry, as it began to expand its product offerings and reach a broader market. Under GUS, Burberry entered into agreements with global manufacturers to produce a wider range of goods, including suits, trousers, shirts, sportswear, and accessories for men, women, and children. This strategic move not only diversified Burberry's product line but also enhanced its global presence, allowing the brand to cater to a more extensive customer base. The strict control maintained over the design and production processes ensured that the quality and aesthetic of Burberry's products remained aligned with its established reputation. The acquisition by GUS was instrumental in Burberry's evolution from a family-run business to a prominent player in the global fashion industry, setting the stage for future growth and innovation.
Primary Reference: GUS (retailer)

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