British fashion designer Burberry plans to enlarge Inn
Business agency on April 20th news today announced the latest earnings that, due to include Taiwan, Hongkong and China consumers rush to buy, British fashion brand Burberry company sales growth of 33%, higher than analysts’ estimates, the company’s share price also went up.
Burberry points out, to March of this year ‘s fiscal year fourth season earning up to 390000000 pounds, beyond the market expectations of $357000000, compared with the same period last year growth of 33%.
Reports said, Taiwan, Hongkong and China with sales strong, and revenue increase is the main reason.
Burberry CFO Carter Wright ( Stacey Cartwright ) said, looking at the global market, more and more consumers to purchase brand-name goods, China and other emerging market purchasing power is especially striking. He said, Burberry in London’s retail sales, mostly from foreign tourists.
In the strong sales driven, Burberry forecast to 3 at the end of the accounting year pre-tax earnings, should be able to reach the analysts’ estimates 279000000 to 300000000 pounds.
The next 1 years will be in China, Burberry in Latin America and the Middle East and other regions expanded store, retail shop area will increase from 12% to 13%.
Has 155 years of history of the Burberry, currently in China has about 60 shops of the flagship store in Beijing, recently lively opening, CEO of AI Lun ( Angela Ahrendts ) says, to 2015, China ‘s middle class population will increase by 6 times, their famous brand commodity craving nots allow to ignore.
The latest accounting year second half of the year, Burberry sales in China grew 30%, but continued to rise.
From the United States of America AI Lun said, Burberry plans a short-term increase in China branch of the 100, due to strong market demand.So, what nbsp;will happen in china will be exciting.
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