Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.
The luxury fashion house saw its adjusted operating profits drop 75% to £51m in the 26 weeks to September 26, as its stores closed across the world.
This was compared with profit of £203m the previous year.
Sales also declined 31% to £878m in the first half, with travel restrictions amid the pandemic limiting tourist spend.
However, Burberry reported double-digit growth in the second quarter in mainland China, Korea and the US where the markets have begun to recover.
The brand also said it has seen good strategic growth in areas such as leather goods, digital and brand traction with younger consumers.
Chief executive Marco Gobbetti said: “Though the momentum we had built was disrupted by Covid-19 at the start of the year, we were quick to adapt, while making further progress against our strategy.
“While the virus continues to impact sales in EMEIA, Japan and South Asia Pacific, we are encouraged by our overall recovery and the strong response to our brand and product, particularly among new and younger customers.
“In an environment which remains uncertain, we will continue to deliver exceptional product, localise plans and shift resources, while leveraging the strength of our digital platform to inspire customers.”
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