Business

Burberry Returns to Profit as Two-Year Turnaround Plan Begins to Pay Off

RecentNews.uk

01

Burberry confirms a return to profit following a comprehensive two-year turnaround strategy.

02

Sales span a wide price bracket, including £85 accessories and £9,000 luxury coats.

03

Classic trench coats and scarves continue to drive robust commercial performance.

04

The brand has successfully defied a broader macroeconomic downturn affecting the luxury sector.

Reader poll

Will traditional luxury brands continue to outperform mass retail markets over the next year?

Tap below to vote and see what others think.

Read the full story