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Burberry’s sales decline 9% in third quarter

Retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth.


Bluebell Group partners with Translatio

Bluebell Group, a distributor of luxury, premium and lifestyle brands throughout Asia, is taking a minority stake in Translatio, a China based distributor. The partnership could create Asia’s most comprehensive omnichannel distribution network for the luxury sector of fashion and lifestyle products.


Burberry’s sales decline 45% in first quarter

Comparable sales for the British luxury brand declined 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was allegedly ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions.