Company Earnings Update 3 minutesRegister for Free AccessBurberry (LSE: BRBY) 3Q19 Update: Limited Edition Products Drive Excitement and Sales Coresight Research January 24, 2019 Executive Summary Burberry reported a 1.1% retail revenue decline for 3Q19. Comps rose 1%, driven by mid-single digit comps in mainland China and Korea. The company closed a net two stores, eliminating 1% of its retail space. As Burberry executes its multi-year transformation and repositioning strategy, it is making traction with limited edition Riccardo Tisci products sold predominately via social media. B Series, monthly drops of Riccardo Tisci products, underpin improvements on social media. Burberry’s reach (or number of followers) on WeChat expanded 50%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: What Silicon Valley Bank’s Downfall Means for Retail TechGroceryshop 2023 “Shark Reef” Startup Pitch: All You Need To KnowUS Drugstores—Retail 2024 Sector Outlook: Mid-Single-Digit Sales Growth; Stronger Focus on Healthcare ExpansionMarch 2023 US Retail Traffic and In-Store Metrics: Store-Based Sales and Traffic Growth Decelerate Further