Burberry, plaid in check, is hot again
Wednesday, April 18th, 2007Popularity can be a blessing and a curse. British retailer Burberry transformed itself from a fusty, upper-crust maker of raincoats into a trendy luxury brand in the early part of the decade by plastering its trademark plaid on everything from miniskirts to bikinis. Sales went through the roof, and an initial public offering in July, 2002, raised $440 million.

But the first indication the mania was reaching a tipping point came after a well-known British soap star appeared with her baby clad head-to-toe in matching “Burberry check” outfits in 2002, provoking widespread media ridicule. The tan, black, white, and red plaid pattern also became a staple of counterfeit garments, which were widely adopted by a downmarket demographic.
Reporting lackluster holiday sales in 2004, the company said counterfeiting and the image problem associated with the omnipresence of the plaid pattern ” had not been helpful.” Experts fretted that Burberry’s hot streak was coming to an end.
“Up the Price Ladder” Fast forward to 2007 and the pendulum seems to have swung back in favor of the company whose trench coats have been worn by everyone from Humphrey Bogart in Casablanca to Audrey Hepburn in Breakfast at Tiffany’s. (BUSINESSWEEK)












