Burberry delivers 'strong financial performance' boosted by China re-opening
Burberry sees revenues and sales rise as China rebounds in its fourth quarter.
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Burberry sees revenues and sales rise as China rebounds in its fourth quarter.
CORRECT: Royal Mail parent suffers loss; Burberry sees growth | Financial News
Aided by a rebound in China in early 2023, Burberry reported comparable store sales advanced 16 percent in its fourth-quarter ended April 1.
Burberry reported a rise in full-year profit on Thursday as revenues in the fourth quarter were boosted by a stronger Chinese market.
The boss of Burberry has complained that the UK is at a “competitive disadvantage for global shoppers” which had held back sales in its home market after the…