Economic Slowdown Hits Burberry, But Brand Still Sees China Opportunity
Though it remains one of the most successful high-end brands in the China market, this week Burberry reported lower-than-expected earnings on lower economic growth in the Chinese, European and US economies, signaling the need for caution among the brand's luxury peers.
Burberry currently has over 60 stores in China and sees scope for up to 100
Burberry currently has over 60 stores in China and sees scope for up to 100