>>
Home / Knowledge / News / Apparel/Garments / Q1 2018 comparable sales increase 4% at Burberry
Q1 2018 comparable sales increase 4% at Burberry
13
Jul '17
The comparable sales for Q1 2018 at global luxury brand Burberry has increased by 4 per cent. However, timing of store footprint changes in the quarter resulted in lower average space year-on-year, reducing revenue by 1 per cent. For the second half of 2018, Burberry expects underlying wholesale revenue, excluding beauty, to be down due to brand control.

"I am delighted to have started as Burberry CEO. We are pleased with our performance in the first quarter, while mindful of the work still to do.  This is a time of great change for Burberry and the wider luxury industry.  I look forward to building on the foundations Christopher and the team have put in place and creating new energy to drive growth," said Marco Gobbetti, chief executive officer.

Retail sales increased 3 per cent underlying (up 13 per cent at reported FX). The total underlying licensing revenue for FY 2018 is still expected to be up by approximately 20 per cent year-on-year including the impact of beauty. For the remaining period of financial year 2018, Burberry will focus on productivity from its current store footprint therefore no material contribution from net new space is expected. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Benetton Group
Aquarelle Clothing Limited
Sainsbury's Argos Asia Limited
Esprit Europe Services GmbH
Under Armour Global Sourcing Ltd
Lifestyle
Babyshop
Cat Tuong Real Estate Group Joint Stock Company
Midas Clothing Limited
Target Corporation (MN)
PVH Corporation
Lenzing Aktiengesellschaft
Splash
Chori Company Limited
Landmark Group
J ;& P Coats
Calvin Klein
Green Fibre
Lacoste (Wanchai)
Rosset ;& Cia Limited
International Textile Manufacturers Federation
KAS Direct Sourcing
Hirdaramani International Export Private Limited
SHAHI Exports Pvt Ltd
Rayonese Textile Inc., Division de Culp Inc.
Etam Group Strategy Hong Kong Limited
Page Industries Limited (Bangalore)
The Top Form Brassiere Manufacturing Company Limited
Vianney Textil Hogar S.A. De C.V.
Phong Phu international JSC (PPJ)
Eastman Chemical Company
SYNERGIES HONG KONG LIMITED
Gap International Sourcing Limited
Reiter India Private Limited
Helly Hansen Far East Ltd
Gloria Jeans
Permoda(Koaj/Armi/Pronto/Bkul)
Seasalt Limited
Bluestem Global Sourcing Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Huntsman (Singapore) Pte Ltd
Guess Europe Sagl,
H;&M Hennes ;& Mauritz (Far East) Ltd
Restoque S.A.
Gokaldas Exports Limited
John Varvatos
IKEA of Sweden AB
Alix Partners
Boardriders Asia Sourcing Limited
The LYCRA Company Singapore  Pte. Ltd
OVS Hong Kong Sourcing Ltd.
Recron Polyester from Reliance Industries Limited
T.T. Limited
Decathlon
BIANCA
C;&A Sourcing International Ltd
TESCO INTERNATIONAL SOURCING LIMITED
Aramark Uniform ;& Career Apparel, LLC
Gatsby Africa
Tommy Hilfiger
Abit
Maceton Limited
Lululemon Athletica Inc
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Puma
Hela Clothing Pvt Ltd
Brandix Lanka Limited
MAS Active / MAS Kreeda / MAS Bodyline
Varner AS Retail
Sateri (Jiujiang) Fiber Co.,Ltd
G-Star Raw C.V.
LC Waikiki
KIABI
BIMBA ;& LOLA SL
Tory Burch Hong Kong Ltd
Lisa S.P.A.
Asos
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Sportmaster Ltd.
Sportswear Company Spa
Alison Hayes Romania
Groz-Beckert East Asia LLP
Tchibo GmbH
Vardhman Textile Ltd
Truetzschler India Private Limited
Desigual - ABASIC, S.A.
IDH – The Sustainable Trade Initiative
THE BOMBAY DYEING ;& MFG.CO. LTD
Arvind Limited
Chico’ FAS

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search