Burberry raises outlook on strong Q3 trading
8 monthes ago - By Fashion United
Retail revenues at Burberry for the quarter ended December 2019 reached 719 million pounds, an increase of 2 percent CER and 1 percent at reported FX. The comparable store sales growth of 3 percent in Q3, the company said, was led by full price sales, driven by new product availability partially offset by reduced markdown inventory made available for sale and disruptions in Hong Kong S.A.R.
“This was another good quarter as new collections delivered strong growth and we continued to shift consumer perceptions of our brand and align the network to our new creative vision. While mindful of...
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More Tisci Products Nudge Burberry Retail Revenues Up 1% in Q3
8 monthes ago - By WWD
LONDON - Burberry's growth slowed in the crucial third quarter of the year, with retail revenue rising 1 percent to 719 million pounds at reported rates, and 2 percent at constant exchange.
That compares with the first half of the current fiscal year, where revenue was up 5 percent at reported exchange rates and 3 percent at constant ones. During the same period a year ago, Burberry's retail revenue had fallen 1 percent at reported exchange rates and 2 percent at constant ones.
Burberry said in a trading update Wednesday that new products designed by chief creative officer Riccardo Tisci...
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Burberry sales edge up in third quarter
8 monthes ago - By Drapers
Comparable store sales were up 3% at Burberry for the 13 weeks to 28 December 2019.
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