Burberry sales increase in fourth quarter
British luxury goods maker Burberry Group Plc quarterly report, except to stop business operations outside of Spain, its 2010 fourth-quarter revenue growth of 30%.
burberry outlet with the fourth quarter, global comparable store sales growth of 14%, and its stores in China, acquired more than 30% sales growth in China retail market has become Burberry performance of the main engine of growth.
Last fall, burberry outlet bought its franchise partners in 50 stores in Beijing set up a "Digital Enhanced" flagship stores, enhancing the performance of the company in China. Burberry that the good performance of the Chinese market proved the importance of emerging markets, so recently in China has also stepped up efforts to control the shop. Currently, Burberry has 53 stores in China and hope to shop in the next 5 years, the number reached 100.
In addition, burberry outlet in the Asia Pacific region, the Americas and Europe, all achieved double-digit retail sales growth, the company also opened new stores in Brazil and Mexico.
burberry outlet Si Taixi • Cartwright, chief financial officer, said: "China's growth in the luxury goods industry are sufficient in any case, growth performance was mainly because we have to ensure adequate inventory. Prior to that, because of low inventory levels, many potential customers empty-handed. "Globally, sales are still the most powerful coat and burberry bags. Cartwright expects strong sales of high-end products will make the gross profit margin increased 150 basis points, "may also be a little higher." Cartwright hopes to Burberry and its suppliers "to negotiate and reduce the" cost-price inflation.
Britain's largest luxury goods retailer burberry outlet shares surged 5.3%.
This post first published by www.
burberryoutletc.com on February 11, 2011.
Source from:
http://www.burberryoutletc.com/news