The British luxury icon announced underlying Q3 retail revenue up by 1% to £603m. On a like-for-like basis, the comparable sales remained flat, i.e. an improvement compared to the 4% drop in Q2. Out of Hong Kong and Macau, sales grew by 3% backed by the recovery of the demand in mainland China. By region, the EMEIA outperformed uwith a mid single-digit growth rate driven by a strong performance in Italy, Germany and Spain. The Asia Pacific growth improved from Q2 but remained down in th
14 Jan 2016
The Q3 performance melted by the warm weather
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The Q3 performance melted by the warm weather
Burberry Group plc (BRBY:LON) | 1,130 113 0.9% | Mkt Cap: 4,052m
- Published:
14 Jan 2016 -
Author:
Rim BEN SALAH -
Pages:
2
The British luxury icon announced underlying Q3 retail revenue up by 1% to £603m. On a like-for-like basis, the comparable sales remained flat, i.e. an improvement compared to the 4% drop in Q2. Out of Hong Kong and Macau, sales grew by 3% backed by the recovery of the demand in mainland China. By region, the EMEIA outperformed uwith a mid single-digit growth rate driven by a strong performance in Italy, Germany and Spain. The Asia Pacific growth improved from Q2 but remained down in th