LONDON — Burberry Group plc on Tuesday reported a 26.3 percent increase in third-quarter sales to 480 million pounds, or $758.4 million, from 380 million pounds, or $600.4 million, in the same period last year, thanks to strong global demand, particularly for outerwear and leather goods.
Excluding Burberry’s business in Spain, which is being restructured to phase in the label’s global collection and discontinue the local collection, revenues in the three months ended Dec. 31 rose 30 percent to 470 million pounds, or $742.6 million.
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)