LONDON — Burberry Group plc has begun the fiscal year on a high note with a 24 percent spike in sales and growth across all categories and regions.
The company said in a statement Wednesday that first-quarter sales rose to 167.5 million pounds, or $335 million, from 135.4 million pounds, or $270.8 million, in the year-ago period. All figures have been converted from the pound at current exchange.
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)