Strong first quarter for Burberry - leatherbiz: Leading news site for Leatherbiz

News

Strong first quarter for Burberry

14/07/2014
Leathergoods and luxury brand Burberry has reported sales for the first quarter of £370 million, 17% higher than in the same period last year, with double-digit growth in Asia.

Leather products continued to perform well, offering “strong growth”.

CEO Christopher Bailey said: “This first quarter performance reflects our focus on striving to give customers the best possible experience of the Burberry brand through ongoing investment in retail, digital and service, both on and offline. The 12% increase in comparable sales demonstrates our teams’ success in unlocking the benefits of these investments, as we continue to concentrate on the things we can control in an uncertain external environment.”

Related stories:

‘Britishness’ is key for growing Burberry 16/07/2015
Fast-growing Burberry sees opportunities in men’s shoes 20/05/2015
Burberry wants to ‘reduce environmental impact’ of leather 21/01/2015
Double-digit first-half growth for Burberry 15/10/2014
High-level Brazilian and international speakers for CICB Sustainability Forum 10/07/2014
Leather not factored into ZDHC’s restricted chemicals list – for now 05/06/2014
‘Luxury is back’: Survey shows top brands' value rose 16% in a year 22/05/2014
New chief executive takes the reins at Burberry 01/05/2014
Domestic market trips up Coach 29/04/2014
Burberry posts double-digit revenue rise for leathergoods 17/04/2014
Double-digit worldwide growth for Ferragamo 04/02/2014
Mulberry’s sales slump as Koreans cancel orders 31/01/2014
Festive season proves lucrative for Burberry 16/01/2014

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.