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Burberry was founded in 1856 when 21-year-old Thomas Burberry, a former draper's apprentice, opened his own store in Basingstoke, Hampshire, England. [5] By 1870, the business had established itself by focusing on the development of outdoors attire. [5]
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A "handbag" is a larger accessory that holds objects beyond currency, such as personal items. American English typically uses the terms purse and handbag interchangeably. The term handbag began appearing in the early 1900s. Initially, it was most often used to refer to men's hand-luggage.
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The business stayed in family hands until Great Universal Shops bought the business in 1955. In 1998 the business changed its name back to Burberry, and in 2002 the business was floated on the London Stock market, with Great Universal Shops selling their final share in 2005. Burtons
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