Burberry returns to profit as sales soar, from £85 socks to £9,000 bags
The Guardian1 min read1 reads
CEO says ‘democratic approach’ has helped brand outperform tough market, with big rises in China and US
People walk past a Burberry booth during the China International Import Expo in Shanghai. Photograph: Jade Gao/AFP/Getty ImagesPeople walk past a Burberry booth during the China International Import Expo in Shanghai. Photograph: Jade Gao/AFP/Getty ImagesBurberry returns to profit as sales soar, from £85 socks to £9,000 bags
CEO says ‘democratic approach’ has helped brand outperform tough market, with big rises in China and US
Burberry has returned to profit as its back to basics strategy drove strong sales of the British brand’s coats, jackets and handbags over the summer.