Trending:

Burberry checks losses and starts to bounce back

By John Smith • Published: 13 Nov 2020 • 12:05

DESIGNER clothing brand Burberry, like most retailers had a poor first half of 2020 with sales down by 31 per cent to £878 million (€966 million) compared to the previous year.

Despite this, they still managed a £51 million (€56 million) profit although this was down by 75 per cent.

Things are beginning to recover as most of its stores in 59 countries, particularly in China, Korea and the USA have reopened and footfall has increased meaning that they have almost returned to pre-pandemic turnover.

Thank you for taking the time to read this news article “Burberry checks losses and starts to bounce back”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.

Euro Weekly News is delighted to continue be able to bring you a range of News from around Spain in English and Global News live as it happens.

Euro Weekly News doesn’t cost you anything but your internet connection. Whether it’s bringing you the local Spanish news or the International news today, we’ve got you covered!

Euro Weekly News, the leading free local and national newspaper in Spain, the people’s paper, we lead others follow!

Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

Comments

Continue Reading