Tourists do sterling work checking into Burberry



Fashion firm Burberry has basked in soaring summertime sales in the UK as tourists flocked to London to capitalise on the plunge in sterling after June’s Brexit vote.
The retailer, famous for its camel, black and red check apparel, said yesterday that same-floorspace revenues leapt more than 30 per cent in the three months to end‑September as foreign tourists snapped up luxury goods at markedly lower prices.
READ MORE: Checks and balances at Burberry as Brexit boosts
Burberry said that Chinese and American tourists were particularly in evidence in the three-month buying flurry. It helped... read more

 
19 October 2016 in Business, Views: 38
Source: Scotsman
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