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BRIEF-Burberry says China perfromed in line with expectations in Oct

reuters.com · 11/11/2021 03:36
BRIEF-Burberry says China perfromed in line with expectations in Oct

- Burberry BBRYF:

  • CFO JULIE BROWN SAYS TRADING IN EUROPE REMAINS DIFFICULT

  • CFO JULIE BROWN SAYS NEW CONCEPT STORES RESONATING WELL WITH CUSTOMERS

  • CFO JULIE BROWN SAYS WE HAVE NO CONCERNS ABOUT SUPPLY CHAIN

  • CFO JULIE BROWN SAYS WE ARE WORKING HARD TO OFFSET INCREASING TRANSPORTATION COSTS

  • CFO JULIE BROWN SAYS WE HAVE NO SPECIFIC PLANS TO RAISE PRICES

  • CFO JULIE BROWN SAYS TRADING IN CHINA IN OCTOBER WAS IN LINE WITH OUR EXPECTATIONS

  • CFO JULIE BROWN SAYS WE ARE SEEING MORE LOCALISED SPEND IN MARKETS ACROSS THE WORLD

  • CFO JULIE BROWN SAYS THE FOCUS IN LOCAL SPEND HAS BEEN ON LEATHER GOODS AND OUTWEAR OTHER THAN THE TRENCH

  • CFO JULIE BROWN SAYS ISSUES IN CHINA WAS LIMITED TO AUGUST, RESUMED POSITIVELY IN SEPT AND OCT IS PERFORMING IN LINE

Further company coverage: BBRYF


(Reporting By London Bureau)

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