LONDON — Burberry Group plc began the fiscal year with a bang, notching a 30 percent revenue rise in the first quarter and outstripping analysts’ forecasts with a strong retail performance and robust growth in Asia.
Thomas Chauvet, European luxury goods analyst at Citi in London, sent out a report Wednesday morning, shortly after Burberry issued its results for the three months ended June 30. He dubbed it “Burberry Sales: At the Speed of Light,” and called the retail performance “impressive.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)