Burberry reports acceleration in full-price sales growth

HomeStock

Burberry reports acceleration in full-price sales growth

LONDON, Jan 19 (Reuters)British luxury brand Burberry BRBY.L said growth in its full-price sales accelerated in the third-quarter, driven by a strong performance in outerwear and leather goods and a material improvement in Asia and Europe.

Full-price comparable store sales were 26% higher than the same period two years ago, it said on Wednesday, while comparable store sales on the same measure were down 3% due to its planned reduction in markdowns.

(Reporting by Paul Sandle; editing by James Davey)

(([email protected]; +44 20 7542 6843; Reuters Messaging: [email protected]))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

www.nasdaq.com