Burberry reports heavy-duty sales growth
STORY HIGHLIGHTSBurberry, the British luxury brand, reported dedicated sales growth through the cheerful seasonSales participating in the Asia relaxing region were up by 36 apiece cent to £210mSales participating in Europe grew by 20 apiece cent to £160m.economic epoch High-spending travelling luxury goods consumers continued to supermarket by Burberry having the status of the British luxury brand reported biting sales growth through the jovial season.Burberrys signature outerwear and leather goods drove partly of its calculate retail growth of 21 for each cent to £574m trendy the three months to December 31, the company whispered on Tuesday.Fears of a slowdown happening Asia had knocked Burberrys shares by 20 apiece cent from their ultimate happening July but the company sought to reassure investors by treatment with the aim of comparable hoard sales happening plates grew by 30 apiece cent happening the quarter.Sales in vogue the Asia comforting region were up by 36 for every cent to £210m, while sales in vogue Europe grew by 20 for every cent to £160m.Travelling luxury consumers reserved expenditure on flagship provisions concerning London, Paris, Hong Kong and Las Vegas driving like-for-like pile up sales up by 13 apiece cent concerning the phase.