Burberry Set to Expand Beauty Side as Segment Drives 8% Sales Growth
The British luxury goods brand said Wednesday that the success of its Burberry Brit for men fragrance contributed to an 8 percent increase in sales in the first six months of the fiscal year.
From This Issue
HIRSCH GETS PROMOTION: Rebekah Hirsch, former senior director of fashion communications for Polo Ralph Lauren, has been promoted to vice president of fashion communications, a new post. Hirsch will continue to oversee all Ralph Lauren fashion…
N.Y. Retail Rent Hikes: Percentage increase in average asking rents* for Manhattan retail corridors.
Retail rents in Manhattan continue to climb. Fueled by increasing demand for luxury goods, prices on Madison Avenue rose from an average of $701 in the spring to an estimated $760 this fall, according the the Real Estate Board of New York. New to the…