Luxury Fashion Brand Bounces Back with £723m Profits
- Burberry’s profits rise to £723m
- EMEIA region experiences 17% decline in store sales post-Covid
- Recovery seen as a positive sign for the luxury fashion brand
Burberry, the iconic British luxury fashion brand, has reported a significant recovery in its profits, reaching £723 million. The European Middle East, India, and Africa (EMEIA) region faced the most substantial impact on store sales, with a 17% decline from pre-Covid levels. Despite these challenges, the company’s resilience is evident as it navigates through the pandemic.
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