Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

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)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))

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

Exit mobile version