Burberry Group plc has received an upgrade to a Neutral rating by UBS, indicating a positive outlook for the luxury fashion brand.

The company specializes in high-quality clothing and accessories, with a significant portion of its net sales coming from retail distribution, which accounts for 80.8% of total sales.

As of March 2024, Burberry operates 455 stores globally, including 227 company-owned, 139 concession, 33 franchise, and 56 other locations.

In terms of product offerings, accessories lead net sales at 36.3%, followed closely by menswear at 29.6% and womenswear at 29%. Childrenswear contributes 5.1% to the overall sales.

Geographically, the company has a diverse distribution of net sales, with 44.3% coming from the Asia/Pacific region, 35% from Europe, the Middle East, India, and Africa, and 20.7% from America.

This strategic positioning highlights Burberry's strong presence in key global markets, reinforcing its status in the luxury sector.