Burberry sales boosted by Chinese spending spree and advantage taken of weaker pound


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A Chinese waste spree and tourists taking advantage of a weaker pound in the UK boosted vendings

The luxury brands group was rewarded for developing its social media deportment in China through the WeChat network as it delivered revenue growth there of respecting 15 per cent. 

Its Hong Kong sales also improved due to multifarious Chinese shoppers. 

Its British retail was another stand-out performer to help offset falling demand in the Americas and in some as regards of Europe such as Italy. 

Leather goods such as a new handbag variety part, held left, as well as a lightweight trenchcoat were among the top sellers. 

First-quarter retail profits was up 3 per cent to £478million, with comparable sales up 4 per cent or double-dealing the rate expected by analysts. 

Christopher Bailey stood down as chief management earlier this month to become president and chief creative lawman.

Burberry signGETTY

The luxury brands group was rewarded for developing its social mean presence in China

Mr Gobbetti said: “We are pleased with our performance in the initial quarter, while mindful of the work still to do.

“This is a time of outstanding change for Burberry and the wider luxury industry. 

“I look forward to structure on the foundations Christopher and the team have put in place and creating new energy to ambition growth.”

Burberry shares rose 50p to 1630p. 

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