
Turnaround strategy is working, says Burberry, despite Iran war pressure
The London-listed business reported that retail revenues lifted by 5% to £455 million for the 13 weeks to June 27, compared with a year earlier
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Summary
The London-listed business reported that retail revenues lifted by 5% to £455 million for the 13 weeks to June 27, compared with a year earlier. Turnaround strategy is working, says Burberry, despite Iran war pressure. The business has refocused on its British heritage and altered its pricing strategy, shifting away from some of its ultra-luxury lines.
Furthermore, Burberry said recent sales growth was also supported by strong demand for raincoats, jackets and scarves, with outerwear sales up by double digits.
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The London-listed business reported that retail revenues lifted by 5% to £455 million for the 13 weeks to June 27, compared with a year earlier
reliability moderate2/2 sourcesTurnaround strategy is working, says Burberry, despite Iran war pressure.
reliability moderate2/2 sources
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The business has refocused on its British heritage and altered its pricing strategy, shifting away from some of its ultra-luxury lines.
according to The IndependentBurberry said recent sales growth was also supported by strong demand for raincoats, jackets and scarves, with outerwear sales up by double digits.
according to The Independent
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The London-listed business reported that retail revenues lifted by 5% to £455 million for the 13 weeks to June 27, compared with a year…
omitted byPublic / Agenciescovered byLeft sideRight sideTurnaround strategy is working, says Burberry, despite Iran war pressure.
omitted byPublic / Agenciescovered byLeft sideRight side


