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Asia Sales Expected to Bolster Burberry – Guardian

UK firm’s sales in Asia rose by 22% compared with the same quarter two years ago amid strong sales of coats, puffer jackets and Lola bags


china gross national income
A man walks past a Burberry store in Beijing. Photo: Reuters.

 

Burberry has forecast a surge in profits after attracting younger shoppers under the designer Riccardo Tisci and benefiting from a rebound in luxury goods as lockdowns unwind across the world, The Guardian reported.

Sales in Asia rose by 22% compared with the same quarter two years ago, up 5% on the previous three months, amid strong sales of coats, puffer jackets and different versions of its Lola bag.

Read the full report: The Guardian

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.