Growth for Burberry, but Hong Kong unrest hurts - leatherbiz: Leading Leatherbiz

News

Growth for Burberry, but Hong Kong unrest hurts

14/01/2015
Growth for Burberry, but Hong Kong unrest hurts
Luxury group Burberry has reported an increase in revenues of 14% for the third quarter of its business year with sales of just over £600 million.

The company said its sales growth in Europe and the Americas was in double digits, but said results in Asia had been hit by social unrest in Hong Kong in late 2014. A slight fall in high-margin Hong Kong kept growth in Asia overall to low single-digit, Burberry said.

Commenting on the figures, chief executive and chief creative officer, Christopher Bailey, said: “We’re pleased to report a strong performance over this important period, during which our teams worked tirelessly to bring the very best of the brand to the customer in our stores and online.”


Related stories:

‘Britishness’ is key for growing Burberry 16/07/2015
Burberry puts figure on LWG leather 07/07/2015
Fast-growing Burberry sees opportunities in men’s shoes 20/05/2015
Burberry wants to ‘reduce environmental impact’ of leather 21/01/2015

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.