Luxury
Burberry plans move up market as profits rise by a quarter
Burberry’s new chief executive plans to move the luxury brand more upmarket by increasing its focus on fashion and leather goods and reducing sales to non-luxury outlets. Mario Gobbetti’s strategy update was released alongside first-half results in which pre-tax profits rose 26 per cent to £185 million on a 9…
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Click here to read the full story: The Times