Burberry Luxury Brand Overall Sales Rose 30.6%
Burberry is in good shape. The company announced the first quarter overall.
Sales volume
Up 30.6%, except Spain, all regions and sales channels increased by two digits.
Burberry said sales increased from 216 million to 282 million in the first quarter of June 30th, or 420 million dollars.
StaceyCartwright, chief financial officer of the company, admitted in an interview that sales of Burberry were weak during the same period last year.
In the market downturn, customers cut inventory, revenue grew by 8%, compared to other brands is not bad.
This 30.6% increase is quite high quality.
She said, "
brand
The advantage lies in the fact that the year-on-year sales of the original stores except the newly opened stores increased by 10%, and the sales of department stores exceeded our expectations.
Burberry
Sales in the UK, Italy, Germany, Hongkong and Taiwan are excellent.
However, the situation in the Americas market needs to be further explored. The sales volume of American stores is only one digit.
CEO AngelaAhrendts recently announced that the company plans to open 20 to 30 stores in the current financial year, mainly in the Americas and the Asia Pacific region.
In the first quarter, retail sales increased by 21%, wholesale sales increased by 36%, and affiliate sales increased by 51%.
The reason for the increase in sales is due to the delivery time, the logistics of goods and the improvement of the efficiency of the supply chain.
In addition to sales growth, profit growth has also shown a good trend due to reduced sales promotion activities.
The sales growth is mainly driven by large leather goods and handbags.
At present, Burberry has closed its factories in Spain.
And the performance of the Asian market is worth looking forward to.
Sales in Asia rose 27%, exceeding the expected level.
- Related reading
XTEP'S Sales Will Exceed 5 Billion &Nbsp, And The Growth Rate Will Outperform The Big Market.
|Helping Children To Join The National Junior Table Tennis Championships Again
|- brand building | Special Brand Building And Intellectual Property Protection In The Digital Age
- Finance and economics topics | In September 17Th, The Textile And Garment Sector Dropped By 2%.
- I want to break the news. | Researchers Use Light To Remove Toxic Dyes From Waste Water.
- Bullshit | Chao Brand BBC X Michael Kagan Joint Series Preview, Theme Of Space Travel
- Bullshit | I Wish You A Cool Personality.
- Fujian | Industry News: List Of 12 Leading Textile Enterprises In Shishi
- financial news | Jiangsu Sunshine (600220): Controlling Shareholders Pledge 20 Million Shares
- Bullshit | The Beauty Of Women'S Sweater Is Not Tight Inside.
- Bullshit | To Avoid These 5 Misunderstandings, The Next Fashion Designer Is You!
- Fashion posters | CONCEPTS X Timberland "Live Free Or Die" Shoes Will Be On Sale.
- "China's Popular Fabric Innovation Exhibition Enters Shanshan"
- Chinese Shoe Companies Enter The Open Market, St.
- Pay Attention To Old Age Clothing &Nbsp; Pay Attention To High Yield.
- Shoes Enterprises Step By Step To Strengthen The Concept Of Street Brand
- The Classic Daily Dress Shows The Extraordinary Elegance Of Paris Women.
- XTEP'S Sales Will Exceed 5 Billion &Nbsp, And The Growth Rate Will Outperform The Big Market.
- Workers Do Not Work Overtime &Nbsp; Dalian Garment Factory Recruitment Difficulties.
- Worden Card Brand Will Be Strong Landing In Hunan And Zhejiang TV
- "Natural Wind" Blowing Up A Hot Store Of Cotton And Hemp Products
- Classic Evening Wear Gives You A Sense Of Security.