• Burberry Retail Sales Rise 3% in First Quarter, Brand Confirms in Update

    8 monthes ago - By WWD

    LONDON - Burberry retail revenue was up 3 percent to 479 million pounds in the first quarter, the company said in a trading update on Wednesday. At actual exchange, comparable sales were flat in the 13 weeks to June 30.
    “We are pleased with our progress in the quarter,” said Marco Gobbetti, chief executive officer. “The team has embraced Riccardo creative vision and is working well together as we prepare for his debut collection in September, the next step in our journey. While we know it will take time to achieve our ambitions, our progress to-date and the energy in and around the company...
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  • Burberry sales inch up in ‘transition' period

    Burberry sales inch up in ‘transition' period

    8 monthes ago - By Drapers

    Burberry has announced a 3% rise in comparable sales for the first quarter of 2018, as the luxury brand undergoes a “period of transition” ahead of Riccardo Tisci's first season as chief creative officer.
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