Burberry Group Plc is a holding company. It designs and sources luxury apparel and accessories. The company sells its apparel products through a diversified network of retail, wholesale and licensing channels worldwide. It operates through two business channels: Retail/Wholesale and Licensing. The Retail/Wholesale business channel sells luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts. The Licensing business channel offers global licenses of fragrances, eyewear, timepieces and European children's wear. The company was founded in 1856 and is headquartered in London, the United Kingdom.